Financial Wellness: How 12 Oaks Optimizes Communities’ Bottom Lines

Sep 5, 2024 | Blogs

In every business setting, the bottom line is crucial to the success of the entire operation. Our team at 12 Oaks Senior Living has formulated ways to optimize the bottom lines of our communities, while maintaining a people-first mentality. Here are the ways our leadership team optimizes the bottom lines of our communities.

How We Optimize

Our approach to optimizing a community’s bottom line is truly holistic. We take into account every aspect of the building’s operations, ensuring that each area functions seamlessly and efficiently. From daily operations to long-term strategic planning, we work closely with all departments to guarantee that every facet of the community is contributing positively to its overall success.

12 Oaks team members

Contract Reviews

To ensure the well-being of our communities, our Operation Coordinators (OC) team meticulously reviews every contract with a keen eye for detail. We ensure that each agreement is not only fair but also aligns with the best interests of our communities. By carefully analyzing the terms and conditions, we protect our communities from unfavorable clauses and secure the most advantageous outcomes. This rigorous review process helps us maintain high standards of service and ensures that all partnerships and agreements contribute positively to the long-term success and well-being of our communities.

Centralized Recruiting

Furthermore, our Human Resources Recruiting Specialist team takes charge of managing the hiring process within our communities, centralizing recruiting efforts to streamline operations and minimize the reliance on external agencies. This centralized approach not only enhances the quality and consistency of new hires but also offers significant benefits to the community. Executive directors are freed from the time-consuming tasks of recruitment, allowing them to dedicate more attention to the needs and well-being of residents. At the same time, they can rest assured knowing that their community is being staffed with top-tier recruits who have been thoroughly vetted and selected by the experienced 12 Oaks team. This approach ensures that each community is supported by a strong, capable workforce that aligns with the organization’s standards and values. With a strong team in place, the financial wellness of the community will be strengthened through the high quality of care being offered to potential residents.

Learn more about 12 Oaks careers

Financial Integrity and Compliance

Our communities also benefit from direct access to 12 Oaks’ dedicated team of accountants and account specialists. Our entire accounting department is SOX certified and is essential in maintaining financial integrity and ensuring compliance. These experienced professionals collaborate closely with each community to manage budgets, monitor expenditures, and ensure that all financial practices align with regulatory standards and best practices in senior care.

Drinks being poured into glasses filled with ice

Smart Dining

As we serve our residents in each of our 12 Oaks communities, we recognize the importance of providing a dining experience that provides the essentials of nutrition while offering a menu residents enjoy. Our expert team helps elevate the dining experience of our communities by equipping each individual community with the team and understanding it needs to plan a custom menu that meets the unique preferences and dietary requirements of their residents. By collaborating closely with community leaders, we ensure that each menu reflects the tastes and nutritional needs of the residents, enhancing their overall dining experience.

While actively monitoring trends in the industry, we adjust our offerings according to the cost of food and emerging dining trends, allowing us to provide residents with high-quality ingredients and diverse options they enjoy. This proactive approach not only helps maintain budgetary considerations but also ensures that our menus remain fresh, exciting, and relevant.

Strategic Renovation and Maintenance

To guarantee great first impressions across our communities, our team is dedicated to strategically implementing renovations and meticulously maintaining our properties. By placing a strong emphasis on both the aesthetics and functionality of our communities, we ensure that each space is thoughtfully designed and well-maintained. This approach not only creates a warm and welcoming environment for potential residents but also fosters a comfortable and enjoyable living experience for all current residents. Through our continuous efforts, we strive to enhance the quality of life for everyone who calls our communities home.

Lori Jones and Aaron Catoe enjoy a conversation

Access to 12 Oaks Training and Solutions Team

An advantage of being a part of the 12 Oaks community portfolio is that our communities gain access to our training programs as well as our solutions team. Reports show that 41% of surveyed employees in other companies plan to leave their job in 2024 due to lack of training and development. That’s why our training programs are created with employee growth in mind. We believe this investment benefits both us as a company and our teams. These training include IMPACT training, Trifecta training, RVP training, and more. If there are any concerns or problems that may arise within a community, our Solutions team is on standby to come in and find quick resolutions.

In today’s competitive landscape, maintaining financial wellness without compromising on resident care is essential. At 12 Oaks, we go beyond just managing the bottom line—we strategically enhance it through a holistic approach that prioritizes both operational efficiency and resident satisfaction. From rigorous contract reviews to innovative dining solutions, every aspect of our operations is designed to strengthen community success. Explore how 12 Oaks can help your community thrive by reaching out to us today!