Continually Building Support and Resources
Renaissance is continually building the infrastructure, support, and resources facilities need to operate at their highest efficiency now and for the future
Our company offers unparalleled efficiency in mergers and acquisitions, with a focus on maintaining or improving quality assurance and compliance with medical and legal authorities. Here are some of the key benefits we provide:
Goals of the MSO:
- Reduce the risk for individually owned entities and participating senior housing communities.
- Provide centralized management and support services to reduce operational costs and improve efficiency.
- Standardize processes and best practices across all facilities to drive improvements in quality of care and resident experience.
- Attract and retain top talent through comprehensive employee training and professional development programs.
- Leverage increased bargaining power with suppliers and payers for cost savings and favorable contract negotiations.
- Improve financial performance through economies of scale, operational efficiencies, and better market positioning.
- Enhance revenue streams for the senior housing communities through collective contracting efforts and service development.
- Expand services available in a variety of senior housing environments through expansion and diversification of the acquisitions and membership, while maintaining consistency in our roster of services
- Develop a critical mass which becomes the integral service provider to the senior housing communities in the local market area.
- Provide operating efficiencies for the group which ultimately stabilize or reduce overhead costs. Centralized performance improvement and quality improvement enables consistent evaluation and course correction across the network.
Services Offered
Financial Management
- Budgeting, accounting, and cash management
- Collection services, credit card processing of resident payments
- Consolidated billing and collection, accounting, payroll, financial reporting, and employee benefit administration.
- Financial statements (audited) and taxes.
Business Operations
- Providing and managing office space
- Vendor management and group purchasing for office supplies, in-office use prescriptions, and medical grade nutritional supplements.
- Scheduling management.
- Marketing. Strategic and tactical planning.
Resident Care Systems: Clinical Model
- Clinical guidelines and clinical programs.
- Clinical service innovations.
- Clinical outcome management.
Organizational Governance
- Regulatory compliance (HIPAA) oversight and management.
- Quality assurance.
- Training and education for all staff levels.
Management Team
- CEO Oversight.
- Staffing and Payroll Management.
- Training and Defined Roles.
- Corporate Culture and Handbook.
- Software Implementation.
- Marketing Oversight.
- Lead Management System.
- Service Offering Refinement.
- Clinical Oversight.
- Financial Oversight.
- Operational Oversight.