Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.
A Florida memory care community has joined the ranks of senior living communities achieving 100% occupancy in the wake of the COVID-19 pandemic.
Senior living’s pandemic losses projected to grow to $30 billion through June
By
Kimberly Bonvissuto
May 24, 2021
Senior living providers have incurred $22.5 billion in pandemic-related costs to date, with uncompensated financial losses expected to grow to $29.8 billion through the first half of this year, according...
Providers seek $450 million from PA stimulus funds to cover pandemic costs
By
Kimberly Bonvissuto
May 26, 2021
Senior living associations in Pennsylvania are lobbying legislators for $54 million for assisted living and personal care providers from the American Rescue Plan stimulus funding to the state. The ask...
People in the news, Jan. 19
By
Kimberly Bonvissuto
Jan 19, 2021
Appointments, promotions and news at the American Association of Service Coordinators, Amsterdam at Harborside, Capital Senior Living, Consolidated Contracting, Edgemere, Enquire, EPOCH Senior Living,...
Senior living nurse job satisfaction heavily influenced by culture, leadership: MIT report
By
Kimberly Bonvissuto
Oct 19, 2023
Job dissatisfaction and burnout among nurses is fueled by “out of touch” managers and “disconnected” senior executive leadership, according to a new report from the Massachusetts Institute of Technology.
Telemedicine partnership helps treat residents in place, reduce staff burnout
By
Kimberly Bonvissuto
Apr 06, 2022
A telemedicine partnership is helping one senior living provider treat residents in place and reduce staff member burnout.
Pennant commits to redoubling leadership investments to continue ‘transformational’ growth
By
Kimberly Bonvissuto
Feb 27, 2023
The Pennant Group posted full-year and fourth-quarter results that demonstrated progress in 2022 and “meaningful momentum” heading into 2023 due to investments in people, CEO Brent Guerisoli during...
Proposed nursing home staffing mandate would hurt senior living providers ‘fishing from the same...
By
Kimberly Bonvissuto
Nov 07, 2023
CHICAGO — Even though the staffing mandate proposed by the Centers for Medicare & Medicaid Services directly would apply only to nursing homes, senior living providers as well as providers across the...
CareTrust says ‘operator first’ philosophy helped it grow during ‘unprecedented headwinds’ of...
By
Kimberly Bonvissuto
Feb 12, 2021
CareTrust REIT’s “operator first” investment philosophy proved valuable in guiding the San Clemente, CA-based healthcare real estate investment trust successfully through the COVID-19 pandemic, executives...