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‘Press the Reset Button’: What to Expect in Senior Living Rate Increases for 2024

By The Citizen on October 3, 2023

This article is part of your SHN+ subscription

Senior living providers are staying aggressive on rates as they look ahead to 2024, carrying over yet again another year of substantial increases while attempting to not impact occupancy figures.

From right-sizing rates for a specific market footprint to enacting blanket rental rate increases across an entire portfolio, senior living providers are taking different strategies to achieve greater financial health in 2024.

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The post ‘Press the Reset Button’: What to Expect in Senior Living Rate Increases for 2024 appeared first on Senior Housing News.

Source: For the full article please visit Senior Housing News

Published in 12 Oaks Senior Living, Ally Senior Living, Ariad Communications, Distinctive Living, Finance & Development, Frontier Management, Management, SHN+ and Ziegler

The Citizen
The Citizen

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