Description

Escalating operating costs, tightening reimbursement models, and increased financial pressure are reshaping the way senior living and healthcare organizations approach long-term sustainability. While rate increases may seem like the simplest solution, they often introduce risk and uncertainty.

This session provides a strategic framework for strengthening financial performance by effectively balancing revenue optimization with disciplined cost control. Participants will gain insight into proven, practical strategies that can be implemented immediately to reduce expenses—without compromising quality of care or operational integrity.

Through real-world case examples and actionable insights, attendees will learn how to preserve revenue longer, reduce reliance on frequent rate increases, and protect occupancy in an increasingly competitive environment. Participants will leave equipped with practical tools and renewed confidence to drive financial stability and lead with clarity.

Presenter: Megan Kester | HPSI Purchasing Services

Megan Kester is an award-winning Purchasing Consultant and accomplished consultative sales leader, mentor and subject matter expert with nearly two decades of experience serving senior living and healthcare organizations. Currently a Group Purchasing Organization (GPO) Purchasing Consultant with Aramark/HPSI, she specializes in helping providers improve financial performance through strategic supplier alignment, cost control, and long-term relationship development.

With prior leadership roles spanning healthcare services, waste management, and long-term care operations, Megan brings a practical, operator-minded perspective to financial strategy. Her work is grounded in real-world application, making her a trusted advisor to administrators navigating rising costs, reimbursement pressure, and competitive market conditions.

Continuing Education: This activity has been approved for 1 continuing education credit for licensed nursing home administrators, nurses, physical therapists, and social workers by the Illinois Health Care Association, an approved sponsor of continuing education by the Illinois Department of Financial and Professional Regulation.