Senior Assisted Living & Care Provider Automates Location-Specific Labor Insights & Cost Drivers; Gains Facility-Level Profitability Understanding; Optimizes Labor Budget & Operations Across Its 70+ Locations & on a Per Location Basis
Data Transformed by the Numbers
Platforms & Systems
Overview
A Senior Living and Care Provider with over 72 locations in the U.S. needed to optimize the way it forecasted and managed labor needs. The company needed a more timely and in-depth understanding of cost drivers at the facility level as well as across all locations.
Armeta implemented automated collection and reporting of daily labor, budget, and cost driver insights that were previously not available. Without this level of timely and granular insights, the company struggled to make data-driven decisions to improve its operations and facility occupancy.
Challenges
The company’s daily labor reports and data did not provide enough budget information and lacked granularity.
The process was manual and time-consuming to develop in ways that were not repeatable.
Solutions
Armeta helped the company assess and improve its financial performance, specifically around labor, labor costs, staffing, and location profitability. Daily labor data collection and reporting were automated to provide executives timely, more granular, and actionable budget and cost driver insights.
Results
- Optimize hiring mix and manage labor budget across its locations and on a per facility basis.
- Improve operations driven by timely, consistent access to accurate data.