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Leaf Blog

Senior Living – Assisted Living Financial Dashboards and KPIs That Matter

10/26/2020

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Senior Living – Assisted Living Financial Dashboards and KPIs That Matter
Leverage real-time visibility and insights to make more informed decisions.
The healthcare industry is undergoing exceptional change . . .

And that’s without the added pressure of a global pandemic. While the world attempts to come to terms with a new normal, healthcare organizations are on the front lines of this crisis. And for an industry that has always been about helping others, maybe this information can provide you some help. 

We’ve spoken to healthcare organizations about their approach to managing their financials during this unprecedented time. Their best advice? Focus on what you can control. You have a wealth of knowledge and data at your fingertips - you just need to figure out how to harness it so that you can make changes on the fly and stay nimble.

In good times and bad, healthcare CFOs and CEOs need better visibility into both financial and operational metrics to allow for more data-driven decisions. Research shows that healthcare CFOs would like to move away from being a financial “scorekeeper” and assume a more strategic partnership in organizational intelligence and planning.

Interested in reading more?
View the eBook: Healthcare Financial Dashboards and KPIs That Matter - How to leverage real-time visibility and insights to make more informed decisions

Questions on how Leaf can improve your Senior Living / Assisted Living business with cloud financials? Please contact us and we'll collaborate towards a solution.

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Energizing and Evolving Finance at a 100-Year-Old Senior Living Organization

10/19/2020

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Energizing and Evolving Finance at a 100-Year-Old Senior Living Organization
Moving from Transactional Accounting to Analytical Decision Support
With a rich 100-year history of serving seniors and their families through a variety of health, wellness, and social services, Lutheran SeniorLife's business has expanded significantly over the years. Most recently, the nonprofit acquired some organizations that provide visiting nursing and human services, each of which used different accounting systems. With this increasing complexity, Lutheran SeniorLife's chart of accounts and financial processes were getting out of hand, and its finance team decided to centralize core functions and move all 24 entities onto one robust platform.

Around this time, the organization also migrated its clinical system to HealthMEDX, and went in search of a user-friendly financial management solution that could connect with its new software to help improve productivity across the board. “We wanted a platform that would build on the basic capabilities of our legacy system, with the addition of rich reporting and a more integrated multi-entity general ledger,” said William Thompson, accounting manager at Lutheran SeniorLife. “We chose Sage Intacct over Oracle and Microsoft Dynamics for its flexibility and ability to eliminate manual work in support of our goal – to transform the traditional approach to finance, and alter the mix of our finance team’s skills towards more financial analysis, risk management, and forecasting.”

Interested in learning more?
Read the full case study here: https://rc.sageintacct.com/customer-case-studies/lutheran-seniorlife

Questions on how Leaf can improve your Senior Living / Assisted Living business with cloud financials? Please contact us and we'll collaborate towards a solution. 
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Avoid HIPAA Fines - Remain Compliant with Sage Intacct

10/12/2020

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HIPAA Through the Eyes of a CFO
Are you a finance leader within a Senior Living / Assisted Living organization? Then you’re concerned about protecting the privacy of patient information. Since Sage Intacct is committed to safeguarding your organization's protected health information, we want to make sure you're aware of Sage Intacct’s compliance with HIPAA.

Please view this on-demand presentation entitled “HIPAA Through the Eyes of a CFO" to find out more about how Healthcare organizations are utilizing Sage Intacct, the only HIPAA compliant mid-market cloud financial solution, to monitor their performance and keep their financial processes running smoothly.
 
Please do not hesitate to reach out to us with any questions you might have.
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Datasheet: Cloud Accounting Software for Senior Living / Assisted Living Organizations

10/5/2020

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Datasheet for Cloud Accounting Senior Living / Assisted Living
Senior Living / Assisted Living organizations face unique challenges and need technology to better understand their practice and succeed in the future. As the need to use Protected Health Information (PHI) to understand the health of practices grows, so does the need to maintain HIPAA compliance and keep PHI secure - including in your accounting system.

Leaf Software Solutions and Sage Intacct are passionate about building accounting software solutions that help you better understand your business, maintain HIPAA compliance, and succeed in the evolving healthcare industry.

Please download this datasheet to learn much more about how cloud accounting software can impact your Senior Living / Assisted living organization. If you have any questions, please contact Leaf today.
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