Senior Living Mid-Year Outlook: Occupancy Optimism Tempered by Slow Grind of Staffing Woes

Nearing the halfway point of 2023, senior living operators are ramping up efforts to maintain momentum in various areas, from generating revenue growth to innovating on staffing, with a goal of seeing year-end success.

But the road to wider margins and boosted revenue is fraught with challenges, from outside pressures on interest rates that hamper new growth to persistent expense and labor pressures.