What We Do
We create a New and Significant Revenue Center for your facility.
The typical 120 bed SNF has approximately 140 FTE’s and experiences a turnover rate between 50-65%. The nationally accepted average cost of turnover is 20% of an employee’s annual wage. For a 120-bed SNF using an average hourly wage of $10.00, that equates to approximately $249,600 per year that is spent on employee turnover alone.
In addition to the direct cost of turnover, the indirect costs are substantial as well. Facilities without a stable and dedicated workforce see a higher percentage of negative outcomes which typically have more citations on both State and Federal Surverys resulting in the higher probability of CMP's. Further, negative or poor outcomes are more likely to prompt PL and GL related claims as well as increased use of Workers Compensation. With all the above, facilities also incur lower quality admissions, lower census and lower quality mix. When you compile all the direct and indirect costs associated with turnover and low commitment and low dedication from employees, the typical annualized loss incurred by a 120 SNF can easily surpass $350,000 per year.
The Boomer Communications Facility Specific - Employee Focused Newsletter gaps these losses by making each employee feel truly Valued, Appreciated and Respected by ownership and management. This new culture takes hold in relative short order and quality outcomes improve, resident and family satisfaction improves, State and Federal Surverys outcomes are better, less PL and GL claims are filed as well as ther is a reduction in the use of workers compensation. Referrals improve, quality mix improves and ultimately, so does the bottom line.

