Services
Which Financial Challenge Is Holding You Back?
Are you drowning in month-end close while the census drops? Struggling to create budgets that reflect actual occupancy trends? Spending more time recruiting business office team members than reviewing financial performance? Fighting to understand what your numbers are actually telling you?
Most senior living operators face at least one of these challenges. Many face all of them at once.
ICON Financial Services delivers complete senior living financial services designed to solve these problems. Whether you need help with daily accounting tasks, strategic planning, or building your business office team, we provide the expertise and support to keep your operations running smoothly.
Our accounting and financial services cover everything from transaction processing to executive-level analysis. You get accountants and financial experts who understand senior care operations and deliver results without the overhead of hiring full-time positions.
Which Financial Challenge Is Holding You Back?
Are you drowning in month-end close while the census drops? Struggling to create budgets that reflect actual occupancy trends? Spending more time recruiting business office team members than reviewing financial performance? Fighting to understand what your numbers are actually telling you?
Most senior living operators face at least one of these challenges. Many face all of them at once.
ICON Financial Services delivers complete senior living financial services designed to solve these problems. Whether you need help with daily accounting tasks, strategic planning, or building your business office team, we provide the expertise and support to keep your operations running smoothly.
Our accounting and financial services cover everything from transaction processing to executive-level analysis. You get accountants and financial experts who understand senior care operations and deliver results without the overhead of hiring full-time positions.
Three Pillars of Complete Financial Support
Whether you have one community or manage multiple properties, our services are organized into three comprehensive pillars that cover every aspect of your financial operations. You can engage with one pillar or all three, depending on what your community needs right now.
Our Expertise Is Your Benefit:
Accounting Operations
- Full-Cycle Accounting Suite
- Accounts Payable & P-Card Services
- AR & Aging AR Support
FP&A and Budgeting & Analytics
- Annual Budget Solutions
- Pro Formas & Underwriting
- Customized Reporting & Operational Analytics
Business Office Management
- Centralized Business Office Management
- EHR Billing Support
- Payroll & Back-Office System Oversight
Each pillar addresses specific operational needs while working together to create a complete financial management system for your senior living operation.
Accounting Operations
Daily financial management shouldn’t pull you away from resident care. Our accounting team handles:
- Accounts receivable
- Accounts payable
- Payroll coordination
- Bank reconciliations
- Month-end close
You receive timely financial reports without chasing down receipts or scrambling to meet deadlines. We process transactions, manage vendor payments, track receivables, and keep your books current so you always know where you stand.
Financial Planning & Analysis
Numbers without context don’t help you make decisions. Our FP&A services turn raw data into actionable insights that drive better outcomes.
We track the metrics that matter to senior living financial operations:
- Revenue per occupied unit
- Cost per resident day
- Labor percentage
- Payer mix trends
You get an analysis that shows what’s happening, why it’s happening, and what to do about it.
Budgeting & Analytics
Building realistic budgets for occupancy-based revenue requires specialized knowledge. Our budgeting services help you create forecasts grounded in your actual operations, not generic templates.
We work with your historical data, occupancy trends, and staffing models to build budgets that reflect reality. Then we provide ongoing variance analysis so you can adjust as conditions change throughout the year.
Business Office Management
Finding and keeping qualified team members is exhausting. Our management services solve this problem by providing centralized support and complete business office oversight.
You get consistency and expertise in your financial operations without the constant turnover headaches. We can:
- Supplement your existing team
- Train new hires
- Manage the entire function remotely
Complete Solutions From Experienced Professionals
Every senior living operator faces different challenges. Some need help with specific functions. Others need complete financial services for senior living across all areas.
ICON Financial Services scales to meet your needs. Our accounting and financial offerings work together or independently, depending on what your operation requires right now.
Ready to solve your financial challenges or keep what’s working more efficiently?
