Read Chapter 18 of your textbook. Upon completion, identify and provide a description of the three (3) prominent financial statements LTC administrators use to monitor effective financial management within their facilities. Describe the purpose of a pro format report? Why is it important for LTC administrators to maintain census levels and diversify the resident payer mix? What strategies might LTC administrators execute to control costs and other expenses?
Read Chapter 18 of your textbook. Upon completion, identify and provide a description of the three (3) prominent financial statements LTC administrators use to monitor effective financial management within their facilities. Describe the purpose of a pro format report? Why is it important for LTC administrators to maintain census levels and diversify the resident payer mix? What strategies might LTC administrators execute to control costs and other expenses?
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Question
Read Chapter 18 of your textbook. Upon completion,
identify and provide a description of the three (3) prominent financial statements LTC administrators use to monitor effective financial management within their facilities.
Describe the purpose of a pro format report?
Why is it important for LTC administrators to maintain census levels and diversify the resident payer mix?
What strategies might LTC administrators execute to control costs and other expenses?
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