Wednesday, October 30, 2024

9:30-10:30 a.m

K. Cut Corporate Overhead with Outsourcing

The survival of nonprofit providers depends on managing costs, and saving money starts in the corporate office. Multisite and single-site communities face tough decisions about managing overhead, and few feel comfortable placing the management cost burden on residents. This session will focus on outsourcing as a critical strategy to manage corporate expenses. The presenter will help you understand which corporate functions can be outsourced and how to create seamless partnerships with outsourcing partners that residents and team members will accept. They’ll also identify key outsourcing functions, the performance indicators required to manage those functions, and the challenges associated with this cost-saving option.

  • Sloan Bentley, President & CEO, Lutheran Life Communities