If you’re a senior living or skilled nursing operator, rising operational costs are likely a concern. Yet, one of the biggest areas to optimize often remains unexplored—reducing Workers’ Compensation (WC) and Professional/General Liability (PL/GL) costs. Here’s the good news: you can lower these expenses while improving efficiency with the right combination of technology and strategic expertise.
Together, CareWork and iPEO Solutions help operators just like you slash costs and boost operational performance. Here’s how.
The Hidden Costs of Inefficiency
Managing workers’ compensation and liability can be time-consuming and costly, especially in an environment with tight margins like senior living or skilled nursing. Many operators struggle due to:
An overly manual, reactive approach to addressing issues.
Lack of insight into key operational metrics.
Difficulty obtaining competitive insurance rates due to high claims or operational inefficiencies.
This is where smart tools and partnerships become essential.
Meet CareWork - Your Tech-Driven Solution
CareWork specializes in streamlining operations and providing actionable insights tailored specifically for senior living and skilled nursing facilities. Its platform consolidates your most critical data—HR, procurement, clinical, labor, and financial—offering a complete picture of your organization in one place.
Key Features Include:
Actionable Dashboards: Instantly view where your facility stands on crucial performance indicators.
Alerts & Reports: Stay proactive by identifying trends before they become problems.
Time-Saving Automation: Tasks that once took hours (like turnover analysis or clinical quality measures tracking) are now accessible at the click of a button.
For example, administrative teams traditionally spent 8-10 hours analyzing turnover. With CareWork, this is reduced to minutes! This type of operational improvement directly reduces WC and PL/GL costs by fostering a safer, more streamlined work environment—an outcome your insurers value.
iPEO Solutions - Securing Better Rates For You
Beyond operational improvement, you also need strategic guidance to negotiate better insurance rates. That’s where iPEO Solutions excels.
iPEO Solutions serves as a co-employment broker, partnering with industry leaders to enhance operational performance and reduce risk. By leveraging their relationships with top PEOs, they help operators:
Lower Workers' Comp and Liability Premiums.
Increase Employee Retention through better HR strategies.
Reduce Compliance Risks when navigating new regulations and geographies.
With iPEO’s help, clients often see 10-14% lower employee turnover and faster growth—putting them in a better position to secure competitive insurance premiums.
The Synergy of CareWork and iPEO Solutions
CareWork and iPEO Solutions create a complementary partnership that drives real impact. CareWork’s actionable insights improve on-the-ground efficiency, making your organization more attractive to insurers. Meanwhile, iPEO uses its expertise and partnerships to secure better rates and terms on your behalf.
Here’s what one client had to say:
"We hired iPEO Solutions to address major insurance challenges in our long-term care facilities. The combination of their strategic insights and CareWork's automation tools helped us lower our costs while improving operational outcomes significantly."
How This Impacts Your Bottom Line
By integrating CareWork and iPEO Solutions, senior living and skilled nursing operators can:
Reduce WC and PL/GL costs by improving workplace safety and efficiency.
Shift from reactive to proactive management, which lowers claims significantly.
Free up staff hours for higher-priority projects by automating manual workflows.
Leverage competitively-negotiated rates, lowering overall premiums.
Imagine spending less time chasing rates or managing preventable claims—and more time delivering the exceptional care your facilities are known for.
Why the Time to Act is Now
The senior living industry is evolving rapidly, with increasingly complex challenges to overcome. While costs continue to rise, organizations that implement technology-driven solutions now stand to gain:
A competitive edge in the insurance market with lower claims and risks.
Increased operational clarity, paving the way for long-term financial stability.
The ability to attract and retain top talent in an increasingly tight labor market.
By joining forces with CareWork and iPEO Solutions, you’re not just reacting to costs—you’re changing the game to create a more efficient, resilient organization.
Take the Next Step
Lowering your Workers’ Comp and PL/GL costs doesn’t have to feel overwhelming. With the right tools and expertise, you’ll gain both peace of mind and a better bottom line.
Explore CareWork to see how their actionable dashboards, alerts, and reports can transform your operations. Visit CareWork to schedule a demo today.
Or, contact iPEO Solutions to get a consultation with their experts and start unlocking competitive rates on your insurance. Learn more at iPEO Solutions.
It’s time to take control of your costs, simplify your operations, and position your facilities for success. Partner with CareWork and iPEO Solutions today.
Maria Angelos
VP Business Development
847 - 293- 9146
Michael A. Ortoll, ARM
CEO, iPEO
813-220-3132
