The average senior living occupancy grew 90 basis points to 81.4% in the second quarter of 2022, marking the fourth consecutive quarter for census growth.
With greater demand for senior housing and staffing shortages, the industry is concerned about handling an increase in work on both the patient care and operational side of the business.
Senior living facility managers are often tasked with managing dozens of beds, hundreds of units and/or multiple locations – which means there are a ton of invoices and payments to track and process daily.
In this eBook, we’ll dive deeper into the state of the senior living industry, some of the challenges accounts payable (AP) staff may be experiencing and how AP automation can help improve the workday of the back office by providing efficiencies so they can do more with less.