MIME-Version: 1.0 Content-Type: multipart/related; boundary="----=_NextPart_01C87D36.1AEE4CF0" This document is a Single File Web Page, also known as a Web Archive file. If you are seeing this message, your browser or editor doesn't support Web Archive files. Please download a browser that supports Web Archive, such as Windows® Internet Explorer®. ------=_NextPart_01C87D36.1AEE4CF0 Content-Location: file:///C:/9E8BDD12/Winter08newsletter.htm Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii" Meal & Spending Plan Trends in Retirement Communities

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Finance | Dining= Services | Operations - "The Definitive Resource For Administrators" =

Winter 2008 =

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WELCOME to the Winter Edition of CARDWATCH PERSPECTIVES, a quarterly e- publication produced specifically for the = Retirement Community market and its Administrators. Our focus is on the management= of meal and spending plans and the use of Point of Sale within your commun= ity. Our goal with this publication is simple: to share information that = you will find helpful and to encourage collaboration among communities.=

We hope you find it valuable and encourage you to share = it with your team.

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Kevin McIntosh, Editor &
VP Business Development

IN THIS ISSUE

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·  The Month End Meal Plan Sla= m

·  Finding the Right Price

·  Harbor's Edge Retirement Community in the Press!

·  Don't Cut IT During A Downt= urn



The Month End Meal Plan Slam

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Many communities have long struggled with how to handle the extra vol= ume of Residents and Guests in their dining room on the last day of their monthly meal plan as Residents rush to use up any un-used meal credit= s. Whlie operators could simply restrict residents from using meal credi= ts for guests or limit them in some fashion, such restrictions tend to be hugely unpopular with Residents and are contrary to growing trends th= at offer greater flexibility and choice. So the question remains, how to manage the madness that Dining Services experiences on that last day = of the month?

Learn= more...



Finding the Right Price

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All communities struggle with their retail pricing when adopting an a-la-carte policy for the first time. Traditionally, communities have provided fixed meal plans where a- la-carte pricing does not even ent= er the equation, other than perhaps at the coffee shop or café fo= r a very limited menu.

Read = more in our article published in January's Long Term Care Manaement Magazine.= ..



Harbor's Edge Retirement Community in the Press!

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Think back to the last time, strike that, ANY time you've ever read a restaurant review. Can you recall seeing a review on a Retirement Community Dining Room? Allan Fisher, Director of Dining & Caterin= g at Harbor's Edge Retirement Community in Norfolk VA has acheived somethi= ng that, to my knowledge is a true rarity in this business...he got a re= view of his Retirement Community's Restaurant. And a stellar one at that! While Allan is no stranger to creating remarkable dining experiences = for the restaurant and catering industry, he is one of a small handful of pioneers blazing this new path in the active lifestyle retirement mar= ket.

Read = the review in Portfolio Weekly by Marisa Marsey



Don't Cut IT During A Downturn

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During a recession, when IT should be making companies more productive, it's often cut indiscriminately. This Harvard Busine= ss Online article offers a different approach to thinking.

Read = the HBR article...

@ A GLANCE: What's New?


Origin Communities' beautiful Nanaimo BC facility implements Tableside Order Entry using the new Tablet POS from CARDWATCH

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Join the CARDWATCH User Community and Discussion Forum to share ideas with other retirement communities and to learn from their experiences. You can a= lso access updates and current software news here as well.

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CARDWATCH WELCOMES
NEW CLIENTS:


Christian Care Phoenix, AZ
Origin Retirement Communities, BC
Masonic Home of New Jersey
Peconic Landing, NY
Highland Meadows, NY

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NEXT CARDWATCH WEB TRAINING SESSION:
March 12th @ 2pm
Spending Plan Overviews, Plan Creation & Plan Maintenance
Register Now

our partners

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Join our mailing list!
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phone: 1-877-953-7575

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CARDWATCH | 16610 Bayview Ave | Suite 211 | Newmarket | Ontario | L3X 1= X3 | Canada
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