Lingering pandemic-related costs slow operating margin growth: NIC
By
Kimberly Bonvissuto
Mar 11, 2022
As occupancy recovery in senior living continues and the pandemic eases, increasing operating expenses may limit the growth of operating margins in the next six months, according to the National Investment...
With worst of pandemic in rearview mirror, LTC focuses on growth: CEO
By
Kimberly Bonvissuto
Aug 01, 2022
Confident that much of the “angst” that LTC Properties experienced during the pandemic is now “in the rearview mirror,” Wendy Simpson, chairman and CEO of the Westlake Village, CA, real estate...
Senior living operator’s 4-day work week pilot results in significant jump in job applications
By
Kimberly Bonvissuto
Feb 02, 2023
When two Wisconsin senior living communities announced that they were participating in a four-day work week pilot, job applications jumped significantly and jobs that had been open for an extended period...
‘Tripledemic’ is hurting census growth: NIC
By
Kimberly Bonvissuto
Dec 19, 2022
The pace of move-ins in senior housing and care organizations continued to hold steady, but a “triplememic” of viral respiratory infections is creating a disconnect between move-in rates and higher...
Assisted living benefits hold steady, while sign-on bonuses lose luster
By
Kimberly Bonvissuto
Jan 27, 2023
Most respondents to a new assisted living salary and benefits survey indicated that they provide fringe benefits to employees, although the size of and eligibility for those benefits varies widely by region.
Senior living coalition calls on Congress to address workforce crisis
By
Kimberly Bonvissuto
Oct 20, 2022
A coalition of senior living advocacy groups is calling on congressional leaders to build and train the workforce needed now — and into the future — to care for the nation’s rapidly growing aging...
Financial success follows ‘magical experience’ for prospects, experts say
By
Kimberly Bonvissuto
Oct 26, 2020
People have come to expect a great user experience — also known as UX — whether it’s a package delivered to their doorstep the next day, grocery delivery or hailing a ride with the touch of a button....
Building a better senior living model
By
Kimberly Bonvissuto
Dec 19, 2023
How is research helping to define the future of senior living? Lisa McCracken, the new head of research and analytics for the National Investment Center for Seniors Housing & Care, recently spent a few...
Industry advocates use nursing home mention in SOTU to press for COVID-19 relief
By
Kimberly Bonvissuto
Mar 03, 2022
Although President Biden took direct aim at overhauling federal nursing home regulations during his State of the Union address, aging services leaders are using the mention of long-term care as an opportunity...
Today’s employees looking for ‘a little bit more’ than pizza parties
By
Kimberly Bonvissuto
Jun 15, 2023
Brainstorming ways to recognize employees in an effort to boost retention rates? Forget the pizza party, one researcher says. Today’s employees are looking for a little bit more.