Senior Care & Living

Ensuring your facility's success means staying ahead of policy changes, and we're here to support you. Our trusted audit advisors assist in identifying and maintaining compliance with Medicaid reimbursements and other government funding sources. Beyond our extensive single audit expertise, we also specialize in addressing the financial impacts of declining reimbursements, staffing shortages, and wage pressures. Learn why we've been named a Representative Vendor in the 2024 Gartner Market Guide for External Audit Services.

Data is driving the future of senior care. We’ll help you draw insight from your financial and operational performance data to transform your business. We analyze key operating, revenue, and expense indicators against competitor facilities and local, state, and national benchmarking averages.

Benchmarks are also available by ownership type, allowing proprietary, nonprofit, and governmental organizations to obtain meaningful comparison data to support operational efficiency and strategic planning initiatives.

Is your technology evolving to meet resident needs and achieve operational excellence? We can help select and implement software systems and improve interoperability. Our technology and cybersecurity experts will also help you optimize your current technologies and ensure the proper risk management standards are in place, including how to strengthen your cybersecurity program.

When M&A opportunities arise, an informed strategy relies on a thorough evaluation. Through our operational due diligence process, we'll take not only a closer look at the quality of earnings of the entity, but also market insights, operational enhancements, reimbursement, rate analysis, and facility assessments. Contact our transactions leader. 

As the senior care industry recovers from the COVID-19 pandemic, shifts in priorities are causing leaders to rethink operations and facilities strategies. Our approach to operational improvement is holistic and uses financial efficiency and industry benchmarking to improve margins, clinical quality, and resident satisfaction. We mine your current operations and practices to ensure compliance, identify risk areas, and find opportunities to increase revenue and contain costs.

Do you have a solid strategic plan to address decreased occupancy? How will you handle a shift to value-based payments while the acuity of your residents is increasing? Do you know how your cost and quality value proposition compare to your competitors? Using our proprietary benchmarking process and analysis, our experienced senior care team will create a custom report tailored to your organization and help you position yourself for success. Request your custom Plante Moran EDGE® Report today.

Our reimbursement experts will help you navigate the complex reimbursement landscape and develop proactive strategies for a sustainable and prosperous future. From managing and complying with PDPM guidelines to Medicare and Medicaid Reimbursement services, including Cost Report Preparation, our specialists ensure your approach to reimbursement will optimize your margin improvement.

Every senior living organization faces unique challenges related to capital planning. Plante Moran Living Forward is a full-service development consultant providing unbiased advocacy and expertise to senior living operators and owners from a project’s concept to completion.

The COVID-19 pandemic put tremendous strain on the senior care & living industry. With the challenges of providing quality care while maintain safety protocols and battling the staffing shortage, it’s no surprise that long-term goals were sacrificed to address immediate needs. Let us handle your strategic planning. We can develop your organizational or service line strategy, guide your campus master planning, and assist with transactions. Our team of experts will help you create a sustainable path forward.

As you evaluate the effects of continual regulatory updates, you can turn to our team of experts to minimize tax burden and optimize tax benefits. Our senior care & living tax professionals provide proactive advice to make sure no dollars are left on the table. With both not-for-profit and for-profit tax expertise, we’ll provide the strategic insights needed for a stronger financial future.