Press "Enter" to skip to content

Senior Living Providers Turn Upbeat on Labor, Show Potential for ‘Disruptive’ Operational Improvement

function memberfulTrackingData(parameters) {
const queryString = window.location.search;
const urlParams = new URLSearchParams(queryString);
const utm_source = urlParams.get(‘utm_source’) || “”;
const utm_medium = urlParams.get(‘utm_medium’) || “”;
const utm_campaign = urlParams.get(‘utm_campaign’) || “”;
parameters.pageTitle = document.title;
parameters.utm_source=utm_source;
parameters.utm_medium=utm_medium;
parameters.utm_campaign = utm_campaign;
return parameters;
}

For the first time in a long time, I am hearing general optimism about the senior living labor market.

Owners and operators have expressed this optimism in conversations I had at the ASHA conference, in recent presentations from public companies, and in reporting that we’ve done for Senior Housing News stories.

Some of the momentum stems from factors beyond providers’ control. With the holiday season and the peak of omicron now past, agency use — and costs — have come down notably from the previous two quarters. And the Fed’s aggressive interest rate hike suggests that labor markets might soon cool, lessening wage pressure and competition for workers.

Sign up for SHN + to read this exclusive content.

Individual Membership
$400 per year

Purchase

Group
2–5 members
$360 per year*

Purchase

Need more than 5 members? Contact us for more information.

* per member

Already a member?

The post Senior Living Providers Turn Upbeat on Labor, Show Potential for ‘Disruptive’ Operational Improvement appeared first on Senior Housing News.

Source: For the full article please visit Senior Housing News

Be First to Comment

    Leave a Reply

    %d bloggers like this: