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3 Ways to Improve Profit | How CoolCare Can Help You

Are you wanting to boost your care home revenue? 

If so, check out our blog to discover ways to improve profit by implementing our CoolCare administration software:

Analyse Your Occupancy Levels | Ways to Improve Profit

Our easy-to-use system is ideal for analysing your occupancy levels, with the reporting suite feature providing a performance analysis that’s regularly updated across all of the care homes in your group. 

Having such an accessible overview of occupancy levels enables you to convert enquiries quickly and efficiently, making sure no opportunity is missed. An average of 50% of all the enquiries that are put through CoolCare convert into a resident!

Users of our administration software are also enjoying average conversion rates of less than 25 days when it comes to filling their homes. 

Reduce Staffing Costs | Ways to Improve Profit

A further way to improve profit for your care home is through our ‘snap to shift’ feature for staffing. 

By automatically correcting an employee’s clock-in time to match their planned shift, you can avoid time-consuming manual corrections and ensure you’re paying your staff for the right hours worked. 

Our user-friendly dashboards use live data to support your managers with monitoring both staffing levels and overall staff attendance, playing a key role in increasing the efficiency of your establishment. 

By digitising rotas, timesheets and communication in one central location, as well as making reports available at the click of a mouse, our administration software makes it simpler for your managers to keep track of their budgets and review any areas of under- or over-staffing. 

Manage Your Residents | Ways to Improve Profit

You can also use our occupancy management feature as another way to improve profit, giving you the tools to effectively manage your pipeline and reduce vacancies. 

Access all of the data that you need at the touch of a button, providing visibility of who is moving into which of your care homes and at what time, as well as who is due to leave and when. Multiple users can work with this information simultaneously, meaning you’re sure to have everything prepared for both arriving and departing residents.  

Our administration software delivers live care home occupancy levels for individual homes and at a group level, allowing your management team to handle enquiries efficiently whilst still keeping prospective residents’ needs and preferences at the forefront of their minds.

Case Study: Ideal Carehomes

Ideal Carehomes are based in the North West and the Midlands, operating a group of 32 different establishments. After implementing our technology, their Managing Director Stacey was thrilled with the transformation of their administration processes

Using CoolCare has led to tens of thousands of pounds worth of savings for the group, whilst providing watertight, accessible record-keeping which enables staff to focus on other tasks.

Our Occupancy Dashboard, Admission Pipeline, and Average Fee Dashboard have each helped Stacey streamline her management processes, allowing her to focus on increasing the occupancy levels of her care homes since the pandemic.

If this sounds like a transformation that your care home or care group would benefit from, get in touch with a member of our team today to find out how you can improve your profit with CoolCare.
Alternatively, why not check out our recent blog on levelling up your care home admin with our streamlined technology?

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  • 18th March 2024
  • Peter Pic
  • Blog

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