Senior Living/Assisted Living Accounting Services

Streamlining Accounting for Senior Living - Maximize Savings, Stabilize Staffing, Harness Expertise

Cost Effective

Flexible Staffing

Speciallized Expertise

Focus On Core Business

Expert Accounting Support for Senior Care Communities

Running senior or assisted living facilities is a complex task, requiring a balance of high-quality care and adaptation to ever-changing regulations and market conditions, often stretching financial resources thin. That’s where OHI comes in:

OHI has access to expert accountants at affordable rates. Trusted by over 120 satisfied clients across a spectrum of real estate sectors including Senior Living Accounting, Student Housing, Single and Multifamily Housing, Affordable Housing, Assisted Living Facility Accounting and Homeowner Associations (HOA). OHI’s team boasts profound proficiency in a variety of US real estate, property management, and accounting software, including Yardi, RealPage, MRI, Sage, SAP Business One and AppFolio. Our services span the breadth of California, New York, Texas, Florida, Colorado, Georgia, Ohio, Pennsylvania, Oregon, Washington, and beyond.

Senior Living Accounting Services

Our Credentials

Served 300+ Small and Mid Size Businesses in North America with an annual revenue from USD 1 million to 500 million

Served 300+ Small and Mid Size Businesses in North America with an annual revenue from USD 1 million to 500 million

300+ Staff with average 6 years of experience. Accountants at every level specialized in handling multiple type of activities

300+ Staff with average 6 years of experience. Accountants at every level specialized in handling multiple type of activities

Clients Across USA - California, New York, Texas, Florida, Georgia, Ohio, Colorado, Kansas, Washington, Illinois and More

Clients Across USA - California, New York, Texas, Florida, Georgia, Ohio, Colorado, Kansas, Washington, Illinois and More

Benefits of Outsourcing Accounting

High Cost Savings

Realize cost reductions of 40%-60%

Grow Without Overheads

Scale up and down based on your needs

Focus on Core Business

Focus on running the business instead of managing books

Flexible Staffing

Use us as full-time, part-time or on as needed basis

Specialized Expertise

Access to best practices derived from 300+ businesses

Outsourcing Accounting Services

Our Services

Interested In Knowing More

Watch it in Action

Software Expertise

Yardi logo
Eldermark logo
Realpage logo
ECP Logo
Avidxchange logo
AppFolio logo
Sage logo
Netsuite logo
Oracle logo
SAP - treasury software
Microsoft Dynamics logo

Pricing

The above charges are indicative charges for standard services to be performed by the particular role on a full-time basis (160 hours per month). A final quote will depend on the work-volume, activities required and the working hours. Part-time and flat fee quotes are also available

Accounts Payable Specialist

$1800

Full-time staffing (160 hours per month)

Bank Rec. Specialist

$2000

Full-time staffing (160 hours per month)

Property Accountant

$2400

Full-time staffing (160 hours per month)

Senior Property Accountant

$3200

Full-time staffing (160 hours per month)

Staff Profiles

Accounting services

Related Services

  • 1

    Residential Property Accounting

    Residential real estate accounting involves managing financial aspects like rental income, expenses, and property values. Specialists ensure accurate reporting, compliance, rent collection, lease management, budgeting, and financial analysis to support property owners' success. Additionally, outsourced accounting for senior living centers is a vital service for managing financial aspects efficiently, including reporting, compliance, budgeting, and analysis to support the success of senior living facilities.

  • 2

    Student Housing Accounting

    Student Housing Accounting encompasses financial management for student accommodations, including rent, expenses, and operational costs. It involves rent collection, lease agreements, budgeting, and financial reporting to ensure efficient financial operations and quality housing services for students. Additionally, senior housing accounting is crucial for managing the financial aspects of senior living facilities, including rent, expenses, budgeting, and reporting to maintain operational efficiency and high-quality services for senior residents.

  • 3

    HOA/Condo Accounting

    HOA/Condo Accounting refers to the financial management and administration of homeowner associations (HOAs) and condominiums. It involves tasks such as budgeting, collecting dues, paying bills, maintaining financial records, and preparing financial statements. Additionally, efficient senior housing accounting services are essential for managing the financial aspects of senior living facilities, ensuring accurate budgeting, dues collection, expense management, and financial reporting to uphold the quality of services for senior residents.

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Client Profile - Real Estate

Established in 2013, a Dallas-based real estate firm specializes in senior housing with a portfolio of 30+ properties. Expert in assisted living accounting.

Client Profile - Real Estate

Based in California, the company owns senior housing communities in the US and Canada, offering high-quality residential environments for about 20,000 seniors. Expertise includes assisted living accounting, ensuring financial precision tailored to such facilities' needs.

Client Profile - Real Estate

Our experience with this real estate firm has been exceptional. Their expertise in the senior housing market and strategic management approach have helped us meet financial goals while providing top-notch care. Their skill in Assisted Living Facility Accounting ensures precise financial management.

Client Profile - Real Estate

I highly recommend this real estate firm for expert management of senior housing properties. Their proactive communication, transparent reporting, and dedication to resident satisfaction make them a valuable asset. Their skill in Senior Living Accounting ensures precise financial management.

Client Profile - Real Estate

For years, we've partnered with this real estate firm for outstanding senior housing management. Their proactive property management and resident-focused approach boost community success. Their expertise in Outsourced Accounting for Senior Living Centers ensures financial excellence.

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