Healthy Outcomes: The pandemic’s impact on senior service providers and strategizing for the future

Senior services providers and executives have begun reflecting on the past two years of the pandemic, assessing their continuing challenges and planning for the future. Among the many challenges facing senior services providers as a result of COVID-19 are occupancy challenges, staffing shortages, and supply chain issues. On the positive side, there have been several government programs that have provided funding to assist providers in meeting the challenges caused by the pandemic. Senior services providers are creating innovative strategic scenario planning strategies that will help them prepare for potential business disruptions in the future, and are also evaluating other strategic opportunities, including mergers, acquisitions, partnerships, etc. to better position their organizations for the future.

Arnett Carbis Toothman recently combined with Baker Tilly, joining our two robust healthcare teams. Listen to this informative Healthy Outcomes podcast episode featuring principal Mark Ross and principal Ed Klik as they share their combined insight into the senior services sector. Key takeaways from the discussion include:

• An overview of key pandemic challenges to senior services providers
• Practical tips and solutions for staffing shortages and the pursuit of government funding
• Examples of strategic scenario planning

Connect with us to hear more about our healthcare team.

About our hosts

Mark Ross, CPA, Principal – healthcare provider practice leader, Baker Tilly

Mark Ross is a principal at Baker Tilly and is the leader of the healthcare provider practice group. He leads a team of professionals who provide audit, tax and consulting services to the firm’s healthcare clients. He has been with Baker Tilly since 1991.

Ed Klik, Principal – healthcare, Baker Tilly

Ed Klik is a principal with Baker Tilly’s healthcare team. He has more than 20 years of experience specializing in healthcare clients, including continuing care retirement communities (CCRCs), nursing homes, assisted living facilities, hospitals, home health care agencies, hospice agencies, physician practices and rehabilitation facilities. Ed recently joined Baker Tilly from Arnett Carbis Toothman.