How do you figure the average cost for food in a nursing home?
Here are the steps to calculate the average cost of food in a nursing home:
1. Gather the total cost of food:
> Add up all the expenses related to food for the nursing home over the chosen period. This includes costs such as:
- Purchases of food ingredients and meals from suppliers
- Salaries and benefits for kitchen staff
- Equipment and maintenance costs related to food preparation and storage
- Utilities and energy costs associated with food preparation and storage
- Any other food-related expenses (e.g., waste management, pest control, etc.)
2. Determine the total number of residents:
> This includes residents of all levels of care.
3. Calculate the average cost per resident:
> Divide the total cost of food from step 1 by the total number of residents from step 2. This will give you the average cost of food per resident for the specified period.