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...
Move-ins, operating margins increase for senior living operators: NIC survey
By
Kimberly Bonvissuto
Oct 15, 2021
Senior living move-ins accelerated in the past 30 days due to increased demand, leading to an expectation of an increase in operating margins on the horizon, according to the results of the latest NIC...
Tech, labor, wellness, business concerns factor into senior living industry trends, predictions for 2022
By
Kimberly Bonvissuto
Jan 06, 2022
The pandemic has left its mark on the senior living industry — good and bad. As another new year begins, some industry experts share trends and predictions for what lies ahead.
Senior living occupancy increases for second quarter in a row; delta variant has little effect
By
Kimberly Bonvissuto
Jan 06, 2022
Senior living (independent living and assisted living combined) occupancy increased for the second consecutive quarter, rising to 81% in the fourth quarter of 2021, according to NIC MAP data released Thursday...
Staffing remains top challenge for 83 percent of operators: NIC
By
Kimberly Bonvissuto
Jun 06, 2022
Despite fewer reports of severe shortages, attracting staff members remains a top challenge for senior living operators, according to the results of the latest National Investment Center for Seniors Housing...
Optimism on operating margins tempered by occupancy recovery, workforce challenges: NIC
By
Kimberly Bonvissuto
Jan 14, 2022
About half of senior living (independent and assisted living) and skilled nursing operators anticipate that operating margins will improve in the next six months, up from one-third last fall, according...
Better wages, working conditions key to attracting more workers to HCBS settings
By
Kimberly Bonvissuto
Apr 21, 2023
The size of the home- and community-based services workforce has not kept pace with expanding numbers of Medicaid program participants, according to a new study whose authors contend that better pay and...
Ordinance directs healthcare industry to redirect profits toward worker compensation
By
Kimberly Bonvissuto
Jul 05, 2022
Assisted living community employees are among the Los Angeles healthcare workers who may be covered under a proposed minimum wage ordinance aimed at forcing the industry to direct some profits toward worker...
Union dues issue back in spotlight as Supreme Court schedules conference in case
By
Kimberly Bonvissuto
Jun 19, 2020
The U.S. Supreme Court could revisit the case barring public-sector unions from collecting fees from nonmembers without their explicit consent in a case that could determine whether public employees will...
Without fingerprinting, senior living workers barred from providing direct care
By
Kimberly Bonvissuto
Jul 22, 2021
Senior living workers hired during the pandemic in Connecticut will not be able to provide direct care until they undergo fingerprinting as part of a required background check. But they will not necessarily...