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Aug. 5, 2019

Megadata in Nursing Homes with Shalom Reinman

Shalom is passionate about taking complex data and presenting it to business operators in a way that's visually appealing and understandable.

Shalom shares with the listeners how he has a strong financial background in accounting, finance and business intelligence.

Throughout his career, he was drawn to the details and power that a strong understanding of the numbers had on actual day to day business decisions.

In one business, Shalom’s company inherited a business intelligence technology which Shalom built out into a real functioning system that produced the intelligent reporting systems that were important and applicable in real time.

These successes prompted Shalom to finally go out and create the full blown business intelligence system that he knew the SNF (nursing home) clientele really need.

Weren’t we always able to get similar information from regular back office reporting?

There are 2 problems with the old system of getting information.

  1. There is a labor cost incurred every time your run a report.
  2. Many times the information is too old to act on by the time your receive it.

With Megadata, the information is automatically available in real time. This allows the operators who embrace this technology to act on information that others won’t know for 45-60 days.

Who is this ideal for?

If you are a small organization with just a few facilities, this solution is probably not for you. The tool helps organizations that are growing into the mid level size.

When they are operating at that level, it’s critical to know this information to keep all the facilities in sync and operating at their highest level.

Admin Dashboard

There is a new feature developed by the Megadata team that shows a facilities administrator an overview of the most crucial information that a nursing home administrator needs to plan his day. This is a feature that is extremely beneficial on a facility level.

Visual Data

You don’t need to have a background in finance or analytics to understand the metrics in Megadata. The reports are very visual and easy to understand. Most importantly, they are easy to implement and act on.

Links

SNF Vision - learn who owns and operates nursing homes
MegaDataHS.com

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Transcript

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It starts with having a goal that I want my organization to be more sophisticated

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and more data driven. And then over time,

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when you make that commitment to invest in a data infrastructure,

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over time that data driven culture develops.

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I don't find that anybody ever, in my experience, had ever lost

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their job because we got involved. They usually become much, much more effective.

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Welcome to the nursing home podcast. Your goto

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source for professional insights in the long term care industry.

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Hear from leaders and experts as they share current and practical

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insights to help make the most of your day. I'm the longterm care financial

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specialist. What that means is I help people plan for the inevitable.

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Nobody wants to think about getting old, but it's possible that someday we might need

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a little bit of care. Here's your host. Nursing home Administrator Turnpodcaster

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Schmoel, Septimashptimash.

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Welcome to this episode of the nursing home

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Podcast. Thank you again for joining us on this

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journey. Today we have the opportunity and we have

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the guest of meeting Shalom Reinvent.

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Shalom is the expert in nursing home business intelligence,

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CEO of Megadata, the leading analytics solution for SNF

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nursing home organization. Sean, welcome and thank

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you for joining the Nursing Home Podcast. Thank you so much for

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having me, Sean. It's a pleasure.

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So, Sean, the world of nursing homes

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is old and yesterday and decades and light years behind

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the rest of the business world when it comes to technology, when it comes to

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data. And you're bringing Megadata to nursing

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homes that are still struggling to get off documenting

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on paper. So you're bringing this is like the epitome of

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old meets new, east meets west.

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So first, if you don't mind, for the listeners

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who don't know who you are, they're not familiar yet with your company.

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Can you just give us a brief overview of who

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you are professionally, as much as you want to share

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and a little bit of how you got to this company of Megadata?

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Sure. So I started out about eleven years ago.

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In 2008. I started out as a biller at

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the same time I was going for a degree in accounting.

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And throughout the beginning of my

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career, I did a number of different roles,

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from billing to accounts payable.

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I was a staff accountant at one point,

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followed by a financial analyst. I did a lot of different roles

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in the back office, including underwriting deals,

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building different things in Excel. So I

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got a really hands on understanding

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of the business side of how the nursing homes work with

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the accounting backgrounds. I really was coming at it from

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a business perspective, but I was always drawn to

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first Excel and then more and more It

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and technology over the years.

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Then later on, I had an opportunity to work for a

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company that had inherited a lot of business

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intelligence technology through an acquisition that

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they had just done.

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And I got the opportunity to work and

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have that exposure to what business intelligence was.

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In business intelligence technology. It fit in pretty well with

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what I was doing with Excel,

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but this was taking it to a much higher level to be able to take

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data from within nursing homes from every

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area of the business, be it the clinical and the financial and the

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census and the labor, and pull

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it all together and give people reporting. That was

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automated, that was live, which was on a much higher level than

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what I'd done before. After that,

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I actually went to work as a controller. So with my accounting

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background, I got back into the accounting side of things,

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and I was working for a company that was pretty small

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at the time, and I was involved in the accounting and the accounting processes.

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But as they were growing,

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I started getting back into the technology side. As they

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were going, they needed more of the technology, and I

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built a team and built an entire technology

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solution, reporting, business intelligence,

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analytics, all that kind of a

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whole structure that I put together

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over there internally for them. And after a certain amount

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of time of doing this internally for a company,

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I decided that it was time to take what

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I had learned in my knowledge and my background and

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bring it to the market and build a company that

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can actually go out and service many nursing

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home groups with this concept. And I really felt that

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this is a need that nursing home groups have

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and took the opportunity to

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be there as a service provider who can actually provide

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this, which is something that a lot of people need. And I think

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the market is starting to more

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and more. Some of the older companies, bigger companies out there

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have built internal systems

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like this. But let's say the middle of the market,

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let's say groups with, let's say, 70 to 80 nursing homes or

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less, most of them are not doing this, but they

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realize that there's a need for it, and they're looking for people to fill that

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need. Okay,

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now, that's a very complete answer.

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Obviously, with your financial background

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and all the other reporting metrics

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that you've been working with over the years, really perfectly positioned

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yourself to meet this need. Now coming from the operational

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standpoint. So if I'm a nursing home owner or nursing home operator,

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we've always been able to manage the nursing homes without all

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of these fancy reports, without all of this data,

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this technology, which yes, it's amazing and it's important and it's

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interesting. But if I'm going to say

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I don't want to invest in another program or even if I could build it

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internally, is it just that

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now we have the ability to have access to this

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information, so we have the luxury

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to be able to act on this information? Or in

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your opinion, do you think it has become more of a necessity

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now, and the technology is just meeting that need.

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I would say a couple of things to that. Number one, is it's

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really about how can we add value? Is there a

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value proposition? Right, okay,

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there's a couple of different things. Number one is that

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anybody who's doing it, let's call it the regular,

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traditional old way of getting the information that they

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need to run the business, be it having somebody putting

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together spreadsheets and pulling together numbers

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from different systems in a manual kind of way.

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There is a cost associated with that, right?

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That's number one. Number two is that the

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data that people are able to get through these kind

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of manual processes. Let's take for example, the financials.

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Financials are 30 to 60 days after the fact.

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That's when I'm getting my most accurate information,

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the census. On labor. I would say most people I've seen reporting on labor

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as an organization, let's say you have one

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nursing home, a lot of them, you can get a lot of what you need

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directly from whatever time clock you're using or EMR.

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You have what you need there. But on a corporate standpoint,

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if I'm running a group of, let's say, 20 nursing homes,

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I don't have a quick, easy way to get that. A lot of times what

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I'll have is I have financials at the end of the month, I have payroll

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being done biweekly and have someone put together in a

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spreadsheet the payroll numbers, and then I might have someone on a

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daily basis putting together a census spreadsheet

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and we're gathering data that way. The problem is that we're

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not reacting to the business in a real time

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kind of way today. I don't always know exactly what happened yesterday.

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So one of the things that we focus on is every

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single thing that we're reporting on, we're doing at least

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today for yesterday. So I know exactly what

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my sense is. Labor, and we even do something called a daily PNL,

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which is basically take all the real numbers that we have from the previous

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day, and we're able to bring that tell

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you what happened yesterday across your whole company.

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From a financial perspective, it's not going to be as accurate as the real financials

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because I'm not going to capture that like snow removal,

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kind of like a bill like that. But for the

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census and the labor and a lot of the main

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components that we are able to track live on

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the next day, I could already know what's going on in my business and be

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able to understand census. Labor referrals is another example

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of where the next day,

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as somebody on a sea level of a company, I can

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have a very good transparent view into what's

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going on in my organization, which was not possible

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before. Okay,

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this allows an operator to be able to

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get to the next level. It's more than just if I

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had this in 1990, we could have made more money, but we didn't have

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it. Technology today is available that allows

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me to understand my business better, make decisions

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quicker in much more real time, and that

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gives me the ability to really run my business

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with much more control and oversight.

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Okay, thank you.

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The short answer to the question is

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that perhaps you could live without it. Now, before you jump on me.

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In other words, if I finally got together

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enough money for my friends and relatives and banks and whatever, I finally got my

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first nursing home together, and I'm struggling with

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survival. And my goal is to make it from payroll to

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payroll and finally, eventually get rid of some of the

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bumps in the road, have a smooth operation,

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and eventually I'll be able to get to the 40,000

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foot view. And if someone is going to say,

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oh, you could see all this data in real time, I'm like data. I don't

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want to hear anything about data right now. I just want to make sure that

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there's a nurse coming for the next shift. I want to make sure that there's

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enough money in my enough cash flow to make payroll this month or

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this week. And so for them, they're going to say, and you

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can push out with me, have all the data, that's great, but I can't deal

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with it right now. So for them, they probably wouldn't be a good

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candidate necessarily for such a thing because they're not looking

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for this information. They probably don't even have the ability to accent information

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if you were to give it to them on a silver platter. On the other

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hand, if you have a larger organization,

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again, you quantified it a little bit before then

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for them, where they have people who live on that 40,000 foot

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view and they don't get involved in operations because they're bigger, because they need it,

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because they have the ability to have it. So for those people,

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they're going to come to their office and now they can pull up their fancy

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spreadsheets. They can actually do work instead of just sending around gifs about

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whatever's going on that day, they can they actually have the ability

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to see things in real time. Now I want to just make sure for our

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listeners who have never seen the PNL or for our listeners have never

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looked at the financials of a nursing home and we're

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not just talking to administrators and operators, talking to professionals

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on any level in the nursing home industry.

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So if we want to give let's leave financials on the side for a

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moment. Although actually that's not let's just focus on what you said.

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You said something called the Daily PNL. That is absolutely phenomenal.

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I want to address just a question you raised before.

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Okay, go ahead. You are jumping on me, but that's fine.

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Okay. I would say for one facility,

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that's not our target audience. Our target

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audience is organizations that

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have, let's just say on the low end, seven to ten facilities.

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And this is a solution that when someone's

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running seven to ten facilities or more 1020,

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30, 40, 50 it's very hard to

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scale and to keep that level of knowledge

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of what's going on on the ground and the day to day without

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having some kind of solution like this that's going to help me keep track

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of what's going on in my organization. However, within an organization,

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we do have tools that are helpful to a facility.

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Such as we have an administrator dashboard that gives you the

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metrics for yesterday, your census, your labor, adding some clinical

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things on there like the incidents that happened the

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previous day and some recent trends. There is

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a few things that we're able to provide to an administrator

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in one place that gives them high level, a lot

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of things that they need to know about what's going on in the facility.

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From a metrics perspective. Again, I wouldn't

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go ahead and sell that today. Perhaps down the road,

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as we evolved this more sell it to one nursing

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home, our primary focus is helping the corporation

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run a multi facility organization.

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However, we do have a value for an administrator,

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but that's like secondary to what we're providing

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on the corporate level. And that may change over time as we

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develop more tools around an administrator, which is actually something

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that's part of our focus. Okay,

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fair enough. That definitely makes a lot of sense.

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Now,

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every organization differs as to what level they've embraced

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technology. So some organizations may have everything.

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A separate system for something, for payroll,

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a system for their financials, and for their nurse documentation, for the

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time clock, dietary,

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they may actually have everything, but they might do some system, some companies that

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have less systems. And from what I understand,

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and also from my experience being an administrator, a lot of times

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you have so many systems, so many logins, and each

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one has their own ability to create certain basic reports,

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but it's probably too difficult and time

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consuming to actually do it. And even more importantly,

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it's not going to pull it up all together. And that's where your software

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comes and pulls it all together in a very realistic, real time

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way, in a way that it's actionable.

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But what do you say to a facility that's only partially online,

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so to speak, and some of the systems are still paper, let's say,

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and some of them are online?

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Or are there certain companies that you work with and

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certain ones which you don't, which means that we're using fun

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quote care, you can work with us, we're using a different system, you can't work

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with us. How do you deal with that? So I

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haven't yet come across a group that's

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on paper at least, maybe I'm not hitting those people.

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But most organizations that I've come across in

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about a year or so that we've been out in the market selling

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have some kind of established system. Sometimes they

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have more than one, which could make it more complex.

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They'll have half the facilities on one system and half the facilities on

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the other for the same function. So we have to figure out how to

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tie that all together. We definitely have

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systems that we've already integrated with, and the rest are we haven't integrated with

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yet. I like that. Okay.

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They don't say no. The bottom line is no.

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We charge the same amount per integration regardless

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of whether we've done the system or not,

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because we look at it as it's our responsibility to get

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that integration done. If we don't have it yet, then we have to figure it

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out. Okay. No, I understand

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that most of the financials and back end stuff are

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all going to be online, but let's say there could be places where they're not

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fully integrated with the north documentation or they have

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an outdated antiquated time clock system or something like that.

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So, I mean, obviously you can only work with the data that

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you have. There are

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cases when we'll make a recommendation and say

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that this system that you're using is antiquated. Why don't

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you use this established

18:14.067 --> 18:17.162
system or one of these established systems?

18:18.487 --> 18:22.087
And then we'll say it's impossible to get data

18:22.225 --> 18:26.612
from your paper or your Excel spreadsheet.

18:27.787 --> 18:31.042
So we do sometimes make recommendations that they should

18:31.165 --> 18:34.962
upgrade their systems to something more established.

18:35.037 --> 18:38.987
And we don't take any commissions for that because we like to be impartial

18:39.637 --> 18:43.002
and just try to figure out what's best for the client

18:43.182 --> 18:49.377
so we never get it compensated for recommending

18:49.407 --> 18:51.875
a system. For recommending a system. Yeah.

18:55.012 --> 18:58.822
Interesting. Okay. Because that could potentially be a big

18:58.855 --> 19:02.662
revenue stream because you explain them the reasons why.

19:02.725 --> 19:06.217
But we

19:06.265 --> 19:09.652
want to be an advisor to the client. We want to be able to

19:09.670 --> 19:14.602
help them with their data strategy. We want to be able to help them how

19:14.620 --> 19:17.857
to use data, to help them drive their business.

19:17.935 --> 19:21.172
And we don't want to have, like, you come, you work

19:21.205 --> 19:24.702
with us, and you get this person that we're friends with that we're pushing

19:24.732 --> 19:27.952
on you, and that one that we're pushing on you. It's more like we're trying

19:27.970 --> 19:31.417
to help you figure it out. So once we

19:31.465 --> 19:35.757
would take any compensation from one software provider,

19:35.922 --> 19:39.277
then we wouldn't be able to play that role of

19:39.295 --> 19:42.437
advisor with integrity.

19:45.712 --> 19:49.100
Again, this is something which is evolving, especially if you have a nursing home

19:49.612 --> 19:52.792
operation that's been around, let's say,

19:52.840 --> 19:57.102
for seven, eight, nine or ten years, where they're

19:57.132 --> 20:00.650
just finding which system works best for them,

20:03.112 --> 20:06.997
where things were less organized and less data driven and there was

20:07.030 --> 20:10.025
less ability to report on things.

20:10.387 --> 20:13.925
And now, okay, we need a system for this, we need a system for that.

20:15.112 --> 20:19.412
Those operate specifically things. It can really be overwhelming,

20:21.262 --> 20:24.727
have so many different systems to look at and you may not even remember to

20:24.745 --> 20:27.852
look at all of them consistently. So, yeah, we have the PNLs,

20:27.882 --> 20:31.422
which is obviously a report card of sorts,

20:31.542 --> 20:34.912
but like you said, by the time you get to it,

20:35.050 --> 20:38.727
that could be a month, two months behind, and that ship

20:38.757 --> 20:42.247
has sailed. And you don't even remember anymore why things were the way they

20:42.280 --> 20:45.862
were. And I remember

20:45.925 --> 20:50.377
as an administrator receiving the financials and your goal is to try to look

20:50.395 --> 20:53.677
at the biggest, worst numbers and try to figure out what actually happened and what

20:53.695 --> 20:59.062
are you doing to change it. And sometimes that ship has

20:59.125 --> 21:03.097
already sailed. Now, if you had to name the number one

21:03.205 --> 21:06.892
biggest problem that

21:06.940 --> 21:10.552
your solution solves. I know we spoke about a

21:10.570 --> 21:14.737
couple of, a couple of different things, but specific to the

21:14.875 --> 21:18.312
changing operational style

21:18.462 --> 21:22.132
that exists now in the nursing home world, there's a

21:22.135 --> 21:25.357
lot of organizations that are turning belly up. At the same time, there's a lot

21:25.360 --> 21:29.452
of organizations that are growing slowly but steadily and

21:29.470 --> 21:32.872
they're becoming more and more robust. I guess

21:32.905 --> 21:36.477
the question is, is there a correlation in your opinion

21:36.657 --> 21:40.692
between the way that they manage the different sources

21:40.752 --> 21:44.932
of data in the overall success of

21:45.010 --> 21:48.472
the organization? I'll add one more point, and this is the question

21:48.505 --> 21:51.727
we started off in the beginning is that people know

21:51.745 --> 21:54.807
that now we have the ability to have all sorts of reporting and all sorts

21:54.822 --> 21:58.027
of exciting things. And one thing

21:58.045 --> 22:01.387
you didn't mention about your system is

22:01.525 --> 22:05.262
the visual appeal. A lot of administrators

22:05.337 --> 22:09.627
and operators, sometimes we get these long, complex spreadsheets

22:09.732 --> 22:12.127
and we have to try to figure out what in the world does all this

22:12.145 --> 22:15.412
information even mean at the end of the day? And I know that your system

22:15.475 --> 22:19.327
is very easy to understand. You don't need to

22:19.345 --> 22:23.332
have your background. You dummy it down for the people who are running up

22:23.335 --> 22:26.722
and down the hallways. And that's a huge, huge value. Add it,

22:26.755 --> 22:29.992
that makes it so much easier to act on it. But my question is,

22:30.115 --> 22:33.967
do you see a correlation between those who embrace the

22:34.015 --> 22:37.522
technology and the way that your company is allowing them to do and the

22:37.555 --> 22:41.002
overall slow, gradual, but strong growth of

22:41.020 --> 22:44.572
the facilities, and some of the other facilities that are ignoring it

22:44.605 --> 22:48.575
are hoping that it goes away? So I think that

22:49.237 --> 22:52.867
to address and some of the things you were saying earlier, it's important

22:52.915 --> 22:56.182
to understand, like you were saying before, about how

22:56.260 --> 22:59.872
some people are still on paper, they didn't figure out their systems yet.

23:00.055 --> 23:03.247
I think that the successful organization, the ones

23:03.280 --> 23:06.500
that grow and make money and do well,

23:07.762 --> 23:11.497
there's a maturity process that they go through. Maybe they started out

23:11.530 --> 23:14.587
with one or two or three facilities, but as they grow

23:14.650 --> 23:18.217
and they scale, they have to become a corporation that

23:18.265 --> 23:21.817
has processes, that have systems in place that

23:22.015 --> 23:25.342
above. And I think part of that journey before we talk about

23:25.390 --> 23:29.092
business intelligence and megadata. Part of that journey is getting

23:29.140 --> 23:32.692
an EMR in place across all their facilities. I think

23:32.740 --> 23:36.292
that the most successful organizations have

23:36.415 --> 23:40.027
one system across all their facilities for

23:40.045 --> 23:44.162
each function, such as an EMR, a time clock.

23:44.662 --> 23:47.300
And when they get an acquisition, they get a new deal.

23:49.087 --> 23:52.597
They immediately will put

23:52.630 --> 23:55.972
in all their systems, not just software, whatever it is

23:56.005 --> 23:59.317
that they're successful, that's working for them as an

23:59.365 --> 24:02.692
organization. However, they do what's called a

24:02.740 --> 24:05.712
dietary housekeeping, laundry therapy,

24:05.862 --> 24:08.907
pharmacy, the software systems,

24:08.997 --> 24:12.882
the companies that are successful, they have processes

24:13.047 --> 24:16.567
and they do things in a certain way that works.

24:16.690 --> 24:19.550
Once they figure out what that is,

24:20.062 --> 24:23.527
that's working, that's successful. And they get a new building,

24:23.620 --> 24:26.675
they bring all that to the new building,

24:28.237 --> 24:32.122
how they do business, right. And as these

24:32.155 --> 24:36.262
companies mature and they're figuring out what works, megadata is a way

24:36.400 --> 24:39.607
that they can bring the data

24:39.685 --> 24:43.227
understanding and the understanding of the knowledge of what's

24:43.257 --> 24:47.257
going on in their business across the organization to

24:47.335 --> 24:50.937
all their nursing homes. And it becomes another step in the maturity

24:51.012 --> 24:55.752
process. But if we're talking about somebody who has they're

24:55.782 --> 24:59.452
still on paper, every facility is doing something else. That usually means that

24:59.470 --> 25:02.212
they're in an early stage of that maturity process.

25:02.350 --> 25:06.097
And as they're getting more sophisticated, megadata is a

25:06.130 --> 25:09.117
step in the process of getting more sophisticated.

25:09.177 --> 25:12.702
And we help companies grow. You know, I can't

25:12.732 --> 25:17.127
tell you exactly the point in time that that's

25:17.157 --> 25:20.157
the right time to do it. But if they're still on paper and they don't

25:20.172 --> 25:23.922
have systems yet, and they're probably not ready yet for a megadata,

25:24.042 --> 25:27.607
you know, most of the companies yeah, I'm really happy that you just

25:27.610 --> 25:30.927
said what you said because too many people and it just clicked in my brain

25:30.957 --> 25:34.747
as well. To many people, they see it that there's especially those

25:34.780 --> 25:38.152
who are involved or are involved in operations, is that we

25:38.170 --> 25:42.292
have operations, we have what we need to do. And then we have those

25:42.340 --> 25:45.817
people, those corporate people come in and they throw reports and data and

25:45.865 --> 25:49.447
all sorts of stuff at us. And our goal is to be able

25:49.480 --> 25:52.822
to defend ourselves against whatever it might say

25:53.005 --> 25:56.752
in that data. Or even better, and this is much more fun,

25:56.770 --> 26:00.427
is to discount the information and say that that's old or

26:00.520 --> 26:03.987
it's inaccurate, or whoever the input was inaccurate.

26:04.062 --> 26:07.942
And it's almost like a fight, operations versus data.

26:08.065 --> 26:12.672
And I think it comes from a fundamental misunderstanding

26:12.717 --> 26:16.467
of the role of data and that it's not a separate entity.

26:16.527 --> 26:19.792
There's really no difference between what actually happens

26:19.915 --> 26:23.197
in the facility and the numbers that are being thrown. It's just

26:23.230 --> 26:26.317
a representation of the actual facts. And a big part

26:26.440 --> 26:29.727
of the problem is that when you see complex spreadsheets,

26:29.757 --> 26:33.637
which many have

26:33.700 --> 26:37.827
had to consume, and tons of data which is not easily understandable

26:37.857 --> 26:41.527
of what it is, it appears as if there's two things. There's a world of

26:41.545 --> 26:44.767
operations and then there are those spreadsheets that we have no idea

26:44.815 --> 26:48.382
what they actually mean. If numbers was my thing, I would have been a

26:48.385 --> 26:52.392
financial analyst. I'm a people person. I'm here to deal with upset

26:52.452 --> 26:56.292
irate residents, family members. I'm here to make holiday

26:56.352 --> 26:59.902
parties. I'm a marketer. I'm out there in

26:59.920 --> 27:02.932
the hospitals and the senior census and that's what I do.

27:03.085 --> 27:06.667
Don't bother me with numbers. I'm going to make sure the general terms

27:06.715 --> 27:10.312
that sense this is up over time is down. Try to keep people happy,

27:10.375 --> 27:13.527
keep the rooms full and call it a day. Then when you come to throw

27:13.557 --> 27:16.987
me these spreadsheets at me, that's like another

27:17.050 --> 27:20.497
whole thing that doesn't really mean anything real to

27:20.530 --> 27:23.877
me and therefore it's

27:23.907 --> 27:26.827
just something I have to deal with. And the financials, the monthly financial which I

27:26.845 --> 27:30.567
get is going to be an uncomfortable

27:30.627 --> 27:33.952
conversation that I need to have with those who hire me because I

27:33.970 --> 27:38.225
see it as fundamentally two separate things we just explained really

27:39.937 --> 27:43.377
helps understand that it's not really that software

27:43.407 --> 27:47.397
is just another system, a healthy maturing

27:47.517 --> 27:52.227
company. The way you just put it so eloquently is they're

27:52.332 --> 27:55.942
there to figure out what works. And what

27:55.990 --> 27:59.652
works well, which is an integration

27:59.832 --> 28:03.117
of many systems and operating procedures

28:03.177 --> 28:06.997
and policies that exist in real

28:07.030 --> 28:09.757
life. Which means that when someone walks into Tour, this is what you're going to

28:09.760 --> 28:12.472
do to them, this is how you're going to greet them and this is the

28:12.505 --> 28:14.347
form that you're going to give them. Is it going to be a paper?

28:14.380 --> 28:16.432
Is it going to be an iPad or whatever it's going to be? And this

28:16.435 --> 28:19.617
is how we market, this is how we serve food, this is how we administer

28:19.677 --> 28:23.832
medication, this is how we deal with the compliance regulation.

28:23.997 --> 28:28.197
We have systems for everything. And included in that, some of the systems

28:28.242 --> 28:31.822
are hands on, some of them are papers, some of them are on

28:31.855 --> 28:35.152
computers. But it's not a separate system. And especially if

28:35.170 --> 28:38.677
you move above the facility level and you go to the

28:38.770 --> 28:42.892
sea level and the executive level and now you're looking down and each

28:42.940 --> 28:46.567
facility is another manifestation, another application

28:46.765 --> 28:50.900
of our operating secret. So then using this system

28:51.412 --> 28:55.437
broadly across our own organization makes sense. Sometimes owners

28:55.512 --> 28:59.092
or operators will withholds from implementing any

28:59.140 --> 29:02.617
particular system across

29:02.665 --> 29:05.902
the board because they want some sort of leverage, right? If we give all of

29:05.920 --> 29:09.622
our buildings to Point Cook here, then we can't negotiate on

29:09.655 --> 29:13.087
price or maybe we might not be 100%

29:13.150 --> 29:16.762
satisfied, but we're saying is no have that system in place which

29:16.825 --> 29:20.762
includes data, which includes online systems

29:21.562 --> 29:24.652
and it also includes policies and procedures and it's all the

29:24.670 --> 29:27.875
same thing. Once you figure out what works, then you can go and you can

29:28.387 --> 29:31.507
still so I think that's something that you'll get a lot of

29:31.510 --> 29:35.022
pushback. I'm sure you've had this pushback you come to an owner who has fits

29:35.067 --> 29:38.682
exactly the right. You know, they have 14 nursing

29:38.697 --> 29:42.457
homes. They're growing. They finally have most of their facilities are in

29:42.460 --> 29:45.952
one system. Most of them are here you have those two new facilities that they

29:45.970 --> 29:49.432
bought that are still kind of shaky as to what their data

29:49.510 --> 29:53.750
is up to and they're perfect client. Then you're like trying to throw them,

29:55.237 --> 29:58.552
you're trying to pitch your service and they're like,

29:58.645 --> 30:02.227
what do we need it for? And what you're explaining, at least I think

30:02.245 --> 30:05.232
the way I'm understanding right now is that it's not another thing that you're throwing

30:05.247 --> 30:08.847
on them. It's really organizing that which they already have. And by you're not accepting

30:08.892 --> 30:12.247
commission from other people initially, essentially what you're doing

30:12.280 --> 30:15.357
is you're saying it's complex. I get it. There's a lot of systems,

30:15.372 --> 30:18.097
they don't usually talk to each other. We're going to help you choose the right

30:18.130 --> 30:21.442
systems that work for you and bring them all together in a way that

30:21.490 --> 30:25.027
is actionable. Does that make sense? Kind of getting it?

30:25.120 --> 30:28.702
Yes. Okay. I would find that most of the

30:28.720 --> 30:32.182
organizations already are on systems that I

30:32.185 --> 30:35.697
would say 90% of the time they're on regular,

30:35.817 --> 30:38.825
standard, straightforward systems that are not on the paper.

30:40.837 --> 30:44.182
I know, I got that. One of the things I was just about what you

30:44.185 --> 30:49.647
were saying before about the data being something that you're

30:49.692 --> 30:53.497
defending, and I

30:53.530 --> 30:57.832
think that actually brings up an interesting point,

30:57.910 --> 31:01.992
is that every organization that we work with and this is how we differentiate ourselves,

31:02.127 --> 31:05.377
I think, from some of the other softwares out there that just have,

31:05.395 --> 31:07.862
like, a standard set of reports,

31:09.487 --> 31:13.192
whether you like them or you don't. We work

31:13.240 --> 31:17.497
to understand the culture of the organization that we're getting involved with and

31:17.680 --> 31:21.127
how the data is used has a lot to do with the

31:21.145 --> 31:24.897
culture of the organization. It's not necessarily us as the providing

31:24.942 --> 31:29.082
the reporting and the reporting solution. It's more about the operator

31:29.172 --> 31:32.527
and what they do with the data. Do they use it as a way to

31:32.545 --> 31:36.757
hold people accountable in a very strict way

31:36.835 --> 31:40.447
or do they use it to coach? And that

31:40.480 --> 31:44.272
really depends on how that organization runs and

31:44.305 --> 31:48.275
what's the culture of how they interact and

31:49.462 --> 31:53.362
what they do with it. What we try to do is get

31:53.500 --> 31:57.577
into the organization as we work with the organization to understand

31:57.745 --> 32:01.325
the pulse of the organization and how they work.

32:01.762 --> 32:05.527
And every organization we work with has different preferences and how

32:05.545 --> 32:08.827
they want to share data with the facilities. Let's say some

32:08.845 --> 32:12.950
of them won't share financial data with the facilities. Some will.

32:13.612 --> 32:17.002
Some of them don't want their administrators to have a lot of information.

32:17.095 --> 32:20.647
They want it to be more minimalist. Give them exactly what they need because like

32:20.680 --> 32:23.977
you said, they're busy with the families, they're busy with the survey, they're busy with

32:23.995 --> 32:27.807
all this. Just give them some high level key information that's.

32:27.822 --> 32:31.132
Just going to keep them knowing that these are

32:31.135 --> 32:34.327
the numbers that we care about, but don't overload them with

32:34.345 --> 32:37.852
reports. And some organizations are the other way around. We want them to

32:37.870 --> 32:40.947
be responsible, to know every single number. Even though they're busy,

32:40.992 --> 32:43.775
they'll do it, look at it at night, go through everything.

32:45.637 --> 32:49.297
And we try to work with the organization to

32:49.405 --> 32:52.447
do it in the way that they want to run their business and that's what

32:52.480 --> 32:55.722
works for them. We don't have an opinion about what's

32:55.767 --> 32:58.942
the best way to operate. Sometimes we have some best

32:58.990 --> 33:02.262
practices that we could bring, but we try to align ourselves

33:02.337 --> 33:06.350
with what the organization is trying to do. I see.

33:06.937 --> 33:10.237
Obviously, this can't be an off the shelf product,

33:10.300 --> 33:14.062
so I guess it's customized to the needs of each company,

33:14.125 --> 33:17.802
is that correct? Yes and no. On the one hand, we figured

33:17.832 --> 33:21.772
out how to build an infrastructure that

33:21.880 --> 33:25.302
for the most part is something that we can reuse

33:25.332 --> 33:29.152
it's for multiple customers,

33:29.245 --> 33:32.392
but at the same time there's a certain the front

33:32.440 --> 33:35.817
end of it. Under the hood

33:35.952 --> 33:40.102
there's a lot of the same, but for

33:40.120 --> 33:43.282
the front end of it, the end result of who's going

33:43.285 --> 33:47.462
to get what emails, when, and who's going to see what dashboards,

33:48.562 --> 33:52.102
a lot of that we will customize and make it on the

33:52.120 --> 33:55.850
organization. Got it. That makes sense. Now let me say another question.

33:56.587 --> 34:00.307
Do you have the ability, I'm assuming your megadata, you have

34:00.310 --> 34:04.042
the ability to track utilization of how frequently people log in,

34:04.090 --> 34:08.632
right? Yes. Okay, so now do

34:08.635 --> 34:12.372
you find that obviously owners and people on executive

34:12.417 --> 34:15.747
teams, for them, they want this information to be shared.

34:15.792 --> 34:18.757
Like you just said, each one has their own style, how much they want it

34:18.760 --> 34:20.797
to be shared. They want it to be shared because they want it to be

34:20.830 --> 34:24.067
active on at the end of the day, whatever wants the company

34:24.115 --> 34:27.807
to be successful. Do you find that administrators,

34:27.897 --> 34:31.325
operators, or whoever receives these reports that they

34:31.762 --> 34:35.287
actually look at it and appreciate it and act on it? Does it work?

34:35.350 --> 34:38.932
Bottom line? And what does it take to get people to really

34:39.010 --> 34:42.217
get it and have that AHA moment where

34:42.265 --> 34:45.472
like, wow, this is not something separate like we just spoke a few

34:45.505 --> 34:48.862
minutes ago, there's something that's actually going to help me. It's not one more email,

34:48.925 --> 34:52.297
my endless inbox which never stops. This is actually something

34:52.330 --> 34:55.707
that's going to help solve a problem. So it's a question of two parts.

34:55.797 --> 34:58.775
A, are people using it and B,

35:00.037 --> 35:02.902
how do you encourage them to use it or do you encourage them to use

35:02.920 --> 35:06.757
it? Definitely people

35:06.835 --> 35:10.782
do use it. What we find is that there's

35:10.872 --> 35:14.272
a level of engagement that starts at the top and

35:14.305 --> 35:17.337
that's our approach is we start at the top of the organization.

35:17.487 --> 35:21.172
We first engage the sea level people, help them

35:21.205 --> 35:24.882
get information, and then we work our way down the organization.

35:25.047 --> 35:28.902
And as the top of the organization starts

35:28.932 --> 35:33.337
to use what we have and then they start to ask

35:33.400 --> 35:37.102
the regionals to use it. And once the regionals are bought in,

35:37.195 --> 35:40.117
then they have the facility start to use it.

35:40.315 --> 35:44.312
In the beginning when we first start with a new client,

35:45.037 --> 35:46.700
the first month or two,

35:48.937 --> 35:52.437
it's just that core corporate

35:52.512 --> 35:56.422
team that's using it. But that utilization of the

35:56.455 --> 36:00.067
metrics, of how the user metrics, it goes up month

36:00.115 --> 36:03.667
after month as we slowly evolve it. What I find

36:03.715 --> 36:07.147
with the business intelligence, and there are books about this,

36:07.180 --> 36:10.702
but the way business intelligence works is that it

36:10.720 --> 36:15.382
grows within our organization. So you have certain engaged people that

36:15.460 --> 36:19.282
will engage with it and get value out of it. And they're going to a

36:19.360 --> 36:23.127
ask the people, you know, who port to them to get engaged

36:23.157 --> 36:26.937
with it. And they also will tell other people in the organization

36:27.087 --> 36:30.322
that this is working, why don't you use it for that? Why don't you use

36:30.355 --> 36:35.452
it for that? And it's kind of like I

36:35.470 --> 36:39.562
don't find that you can go ahead and just do one

36:39.625 --> 36:43.177
training for the whole corporate team, then one training for

36:43.195 --> 36:46.432
all the administrators and one training for all the directors of

36:46.435 --> 36:49.807
nursing and then all of a sudden it just, everybody just starts using it

36:49.810 --> 36:52.550
the next day. But this kind of thing,

36:53.062 --> 36:56.647
it has to evolve into the culture of the

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organization. People have to start to understand that this exists

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and there's something I can get out of it. And as they use it,

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they start to ask more questions of what else can I do with it?

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What else can I get out of it? A lot of times the

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usage of it grows as people learn

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more and more what value they can get. And you can

37:18.670 --> 37:22.792
teach it, but at the same time, I would say

37:22.915 --> 37:26.450
after an organization is using it for one year or two years,

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it's seeped in. People just kind of get

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it. And it's not something that you can just explain day one.

37:34.840 --> 37:38.797
And right away they'll understand everything that there is

37:38.830 --> 37:43.102
to get out of it. They understand the

37:43.195 --> 37:47.002
basic things they can get, but over time they come back with more requests and

37:47.020 --> 37:49.207
more things. And now that I was able to get this, I want to be

37:49.210 --> 37:52.402
able to go a little deeper and get that. And it's kind of a

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learning curve that just happens over time where it just gets

37:56.050 --> 37:59.802
more and more into the culture, where the organization

37:59.907 --> 38:03.637
is developing a data driven culture. Okay,

38:03.700 --> 38:05.900
awesome. Yeah, that's exactly where I was going.

38:06.412 --> 38:10.602
The reason for that is not because it's

38:10.632 --> 38:13.787
not a software, it's changing the way people operate.

38:14.137 --> 38:17.652
Being operating for putting out fires and operating from what armchair

38:17.682 --> 38:20.562
analysis, what we think makes sense, or what worked yesterday,

38:20.712 --> 38:24.650
operating based on data. Data doesn't lie. At the end of the day,

38:25.462 --> 38:28.717
if you're putting in accurate data, the data is real. And if you're getting

38:28.765 --> 38:32.637
it in a timely way, in a way that's consumable,

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meaning visually appealing and simple,

38:36.787 --> 38:40.297
or again, depending on the level of complexity that you

38:40.330 --> 38:44.002
need, so then eventually that can change the

38:44.020 --> 38:47.352
culture. Correct. And culture doesn't

38:47.382 --> 38:50.287
change in a minute. It changes over time.

38:50.425 --> 38:53.797
And I think it starts with having a goal that I want

38:53.830 --> 38:57.777
my organization to be more sophisticated and more data driven.

38:57.882 --> 39:01.647
And then over time, when we make that commitment

39:01.692 --> 39:05.332
to invest in a data infrastructure, over time,

39:05.485 --> 39:07.937
that data driven culture develops.

39:11.812 --> 39:15.217
It's been a pleasure having you on the nursing home podcast. I really

39:15.265 --> 39:18.727
appreciate you coming on. Honestly, a light

39:18.745 --> 39:23.362
bulb just went on in my brain in general, for data that

39:23.425 --> 39:27.350
can be used for business intelligence in any business,

39:27.712 --> 39:30.802
but specifically the nursing home business, having been a

39:30.820 --> 39:34.002
victim of consuming some of your reports,

39:34.032 --> 39:37.192
actually, and not

39:37.240 --> 39:40.902
fully grasping always exactly how it plays

39:40.932 --> 39:44.300
out into day to day operations. But I think you really explained it

39:44.662 --> 39:48.172
really well. Before you go and you

39:48.205 --> 39:51.575
tell us where is the best place for people to learn more about this,

39:52.312 --> 39:55.987
is there any particular myth or

39:56.050 --> 39:59.182
misconception that people have about data that

39:59.185 --> 40:02.375
you want to dispel before we let you go,

40:03.112 --> 40:06.132
specifically in the nursing home industry and what people think about that and what it's

40:06.147 --> 40:07.175
really all about?

40:11.137 --> 40:14.872
My question is, when you're presenting this to a nursing home

40:14.905 --> 40:18.322
owner or operator, like, oh no, we don't need that,

40:18.355 --> 40:21.472
that's just whatever, is there that

40:21.505 --> 40:25.327
type of objection that you get when people say, we don't want to invest in

40:25.345 --> 40:28.852
our data, we have enough as it is? And the answer could be no,

40:29.020 --> 40:32.947
and that's more than fine. No, you definitely have some

40:32.980 --> 40:37.462
people who have we

40:37.525 --> 40:41.347
actually recently came across a group, they just have so

40:41.380 --> 40:44.087
many processes in place, manual,

40:45.637 --> 40:49.602
and it works for them, so they're

40:49.632 --> 40:53.750
not ready to create

40:54.712 --> 40:57.737
that automated solution.

40:59.362 --> 41:02.722
And again, I still believe that that group would benefit from it.

41:02.755 --> 41:06.772
But for most people,

41:06.955 --> 41:10.042
we're able to provide a real

41:10.090 --> 41:13.850
time way to get reports and distribute reports and

41:14.512 --> 41:18.277
to understand what is going on

41:18.295 --> 41:22.527
in the business in a much more a cost effective,

41:22.707 --> 41:27.327
b real time. And we're

41:27.357 --> 41:31.177
able to help them drive their business in a much more data driven way than

41:31.195 --> 41:34.827
they were able to before. There's only so much you can do with spreadsheets,

41:34.857 --> 41:38.172
and there's only so much real time you can get with spreadsheets.

41:38.217 --> 41:43.882
And I would say that any

41:43.960 --> 41:48.877
mid sized organization, let's say ten to the

41:48.895 --> 41:52.612
numbers, ten plus, except that

41:52.675 --> 41:55.527
the largest groups have already built something internally.

41:55.707 --> 41:59.647
But any midsize organization, it makes sense

41:59.755 --> 42:03.297
to hire a service like ours versus

42:03.342 --> 42:07.437
even building the same kind of thing internally because it's just way more expensive

42:07.587 --> 42:11.122
to go build a whole team. It's going to cost upwards of half

42:11.155 --> 42:14.632
a million to a million dollars to build such a team,

42:14.785 --> 42:17.825
and we come in at a fraction of that price.

42:20.062 --> 42:23.497
Got it. In other Words, it might be organizations that they say,

42:23.530 --> 42:26.762
well, Betsy runs the overtime report on Tuesdays

42:27.187 --> 42:29.825
way then Lisa does it.

42:30.637 --> 42:34.192
It's been working. It ain't broke. So why should we do something else?

42:34.390 --> 42:37.732
Not realizing that if they can free up all those people

42:37.810 --> 42:41.752
and get more accurate, up to date information without human

42:41.845 --> 42:46.327
error? So not only will they have better data, they'll have more time so

42:46.345 --> 42:49.867
that Betsy can either get a different job or

42:49.990 --> 42:53.767
do something else in the business. I don't find that anybody ever,

42:53.890 --> 42:57.387
in my experience, has ever lost their job. Because we got involved.

42:57.462 --> 43:00.967
They usually become much, much more effective at whatever

43:01.090 --> 43:05.017
that they're doing. Instead of spending 30% to 40% of their

43:05.065 --> 43:08.377
day putting the data together, when the other rest of the

43:08.395 --> 43:11.527
day they were supposed to actually reach out to the facilities and ask them what

43:11.545 --> 43:15.652
they're doing about the overtime. Now they're spending 95% of

43:15.670 --> 43:19.252
their day reaching out to the facilities and asking them what they're going to do

43:19.270 --> 43:22.702
about their own. Got it. All right, Sean, where's the best place for us to

43:22.720 --> 43:26.212
send the listeners of the nursing home podcast? To find out more about

43:26.275 --> 43:29.452
Megadata and everything that your company has to

43:29.470 --> 43:32.722
offer for solutions for nursing homes, you can visit our website.

43:32.830 --> 43:36.522
Megadatah stands for Health Systems

43:36.642 --> 43:38.450
Megadatahs.com.

43:39.187 --> 43:42.717
And there's also on that website is the Sniff

43:42.777 --> 43:46.072
Vision Tool, which is a free tool that we

43:46.105 --> 43:49.402
created that allows you to do like, market research on all

43:49.420 --> 43:52.897
the nursing homes in the country, which is a good acquisitions tool

43:53.005 --> 43:57.037
or a sales tool. And a lot of people actually enjoy

43:57.100 --> 44:00.997
that too. Right? So the people who don't enjoy that tool are

44:01.030 --> 44:05.422
probably the owners of nursing homes, perhaps, because within

44:05.530 --> 44:09.142
a couple of clicks, you find out who owns what. But at the same time,

44:09.190 --> 44:12.442
this information is all public information anyways available. Right.

44:12.565 --> 44:16.072
But from an acquisition perspective, I actually have a lot

44:16.105 --> 44:19.417
of owners of nursing homes who their own

44:19.465 --> 44:23.302
acquisitions people are using this to help them study the market for

44:23.320 --> 44:27.082
acquisition. So it's a double edged sword. On the one hand, your information

44:27.160 --> 44:30.622
is out there again, it's also on Medicare, gov, anybody can find it.

44:30.730 --> 44:33.967
But on the other hand, it's a tool that you can benefit from

44:34.015 --> 44:38.352
being able to understand the market when you're looking for deals and acquisitions.

44:38.382 --> 44:41.722
So the goal is not to put their name out there.

44:41.755 --> 44:45.097
It's more to provide a value to everyone that

44:45.130 --> 44:48.622
comes a little bit with a cost of maybe this was

44:48.655 --> 44:51.532
a little more private before, even though it's publicly available,

44:51.610 --> 44:55.342
and that made it a little easier for people to find your name.

44:55.465 --> 44:59.272
But at the same time, you yourself can use this tool to grow

44:59.305 --> 45:02.577
your organization and look at the markets that you're

45:02.607 --> 45:05.872
in and see what's going on in your state and

45:05.980 --> 45:09.322
so on. Awesome. Thank you, Sean, for coming

45:09.355 --> 45:12.727
on the nursing home podcast. I look forward to sharing this with all

45:12.745 --> 45:15.875
of the Nursing Home Podcast listeners. In the very near future,

45:16.312 --> 45:19.882
everyone head over to Megadaterhs.com

45:19.960 --> 45:23.272
to see the Smith Vision Tool and to see

45:23.305 --> 45:26.862
a little bit more about what Megada can do for your facility, even if you're

45:27.362 --> 45:30.202
not the owner of the administrator. But once you see a little bit of what

45:30.220 --> 45:33.157
you can do, you're going to go knocking on their doors and tell them to

45:33.160 --> 45:36.247
reach out to Sean and his team to see if this is

45:36.280 --> 45:39.532
indeed a good fit for your company. And for all you know that some of

45:39.535 --> 45:43.252
those reports may actually be coming from metadata already. Sean, thank you

45:43.270 --> 45:46.072
so much for coming on the show. Thank you for having me smaller. I really

45:46.105 --> 45:47.150
appreciate it.

45:50.437 --> 45:54.662
Thank you for listening to this episode of the Nursing Home Podcast.

45:55.012 --> 45:59.287
Be sure to head on over to itunes and check out the Nursing Home

45:59.425 --> 46:02.982
Podcast and subscribe to the show. This will ensure

46:03.147 --> 46:07.297
that you never miss another episode and you always are up to date on

46:07.330 --> 46:11.047
what's going on in the nursing home industry. If you leave us a review

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for the Nursing Home Podcast, our promise to you is to

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46:18.085 --> 46:21.427
for taking the effort to do so. Take a

46:21.445 --> 46:24.672
screenshot of the review once you do it and share it on Twitter

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46:30.100 --> 46:33.502
When I see that, we will connect and send you something special.

46:33.670 --> 46:37.677
So again, thank you for listening to this episode of the Nursing

46:37.707 --> 46:41.527
Home Podcast. Check back for our next episode and

46:41.545 --> 46:44.797
don't forget to subscribe and review and share that with

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