Board Members play a special role in the senior care industry.
Whether serving a non-profit or for-profit mission, Board Members accept responsibility for the care and comfort of the most vulnerable among us as well as the financial well-being of the community. Residents, families, staff, and public stakeholders depend on, and expect, prudent leadership.
The majority of Board Members may not be industry experts. They are talented and dedicated volunteers, often with impressive backgrounds in law, banking, real estate, business and philanthropy. They may have had a loved one who received outstanding care at a senior facility, they may be at the stage of their career where they can “give back”, they may have financially supported the community; however, most are not senior living professionals.
They trust the judgement of their Administrator or Executive Director and rely on the community’s management team. They may receive monthly financial statements, hear periodic business updates, and participate in an annual budgeting process. Every 12-18 months, they may review the results of a regulatory survey for an external perspective on performance.
But as a Board Member, is that enough to ensure you’re receiving timely, unbiased information?
During a particularly tumultuous time in the industry, would you sleep better if you had the benefit of?
- Objective Analysis: A fresh, unbiased perspective to identify strengths and areas for improvement.
- Expertise: Specialized knowledge in senior care to offer insights into best practices and regulatory compliance.
- Tailored Recommendations: Customized strategies to enhance care quality and operational efficiency.
- Financial Stability: Knowledge that resources are being efficiently and effectively utilized, fulfilling the board’s fiduciary duty to residents and stakeholders.
- No Surprises: Protect yourself and your community from liability.
- Stakeholder Confidence: Demonstrate a commitment to continuous improvement, boosting confidence among residents, families, and donors.
- Strategic Positioning: Help the facility stay ahead of industry trends and maintain its leadership position.
If so, EF Senior Care can provide a Board-oriented, third-party assessment.
Develop a closer and more confident partnership with your executive team with the help of a proactive, independent review of your community.
To learn more, call EF Senior Care at (617) 702-2644 or email us at Contact@EFSeniorCare.com or complete the form below.
Complete the form below to have a member of our team contact you right away.