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Montgomery Meadows Residential Health Care Facility
2002 Feasibility Study: Financial Analysis

Financial Analysis:

(A comparison of cost trends over the years, with an effort toward finding ways to lower costs and improve income to overcome the loss of funding, and maintain a "profitable" status.)

Re-establish full on-site laundry

Employee and visitor cafeteria
    • Mary Ann Leone provided a preliminary break-even cost analysis of operating a cafeteria.
    • Break-even cost $54,750 per year
    • Minimum 60 staff per day spending an average of $2.50 each
    • Costs do not include capital component
    • What is the cost of present coffee vs. having improved vending operation and break area

Cost and income associated with increasing Case Mix Index

Evaluate cost of County provided services vs. providing same services at Montgomery Meadows

Will State "re-base" if we build 120 new skilled beds and renovate existing care wings to an adult home?

Evaluate methods of reducing nurse and certified nurses aides lost time by utilizing non-medical personnel for some tasks.

See the Report section for further detail

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All profits of F. L. Hoffman Corporation are donated to
The Mary T. and Frank L. Hoffman Family Foundation
Neither Mary nor Frank Hoffman receive any salary from either organization.