The Covid-19 pandemic has burdened senior living operating budgets, and operators say two items on their balance sheets pose the biggest threat to financial stability:…
Posts published in “Staffing”
The senior living industry is grappling with a historic staffing crisis in 2022 — and turnover among executive directors is exacerbating the issue. As leaders…
Last month brought news that non-traded REIT Healthcare Trust would transition 20 senior living communities managed by Cedarhurst Senior Living to other operators. This portfolio…
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Even as senior housing providers increase rates due to rising expenses, operators have yet to face widespread pushback from residents, most of whom continue to…
Staffing was already hard for the senior living industry prior to Covid-19, and the pandemic has made it all the more difficult. The current challenges…
Senior living providers are facing intense operational and financial challenges — but they must not let these pressures distract them from innovating for the future.…
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Covenant Living Communities and Services is not immune to the staffing pressures felt by the rest of the senior living industry — but President and…
“Our most important job now is to look forward.” These are the words of Brandywine Living Co-Founder, CEO and President Brenda Bacon, spoken last week…
By Lynne Katzmann In the last several weeks, I have attended birthday celebrations for both a 102- and 106-year-old resident. So while people may be…
Nearly 80% of respondents to a recent seniors housing industry survey reported that caregivers and hourly employees face critical levels of burnout and another 80%…
One year ago, vaccine clinics were just getting underway in senior living communities, raising hopes for a better year ahead after the devastating toll exacted…
Aegis Living is set to pilot its own staffing agency in a move aimed at saving millions of dollars in workforce expenses and potentially creating…
Lifespace Communities is boosting pay rates across its portfolio of 14 continuing care retirement communities (CCRCs) over the next two months, with many of its…
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Across U.S. primary markets, senior housing occupancy could return to pre-pandemic levels in less than 2 years if absorption continues at its recent rapid pace…
Senior housing and care operators are “working constantly and creatively” to overcome staffing challenges, but workforce issues are constraining occupancy growth, according to Wendy Simpson,…
Last year brought big changes in the way non-profit senior living providers are staffing their communities and using technology. That is not surprising, given challenges…
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