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Two current issues can make a big difference in individual performance: minimum wage impacts and CNA turnover trends.
You’ve got questions; we’ve got anwers! There are some significant challenges to address.
Such a conversion strategy requires the appropriate due diligence and is not without challenges and potential pitfalls.
Beside value-engineering the physical product, reduced operating expenses also can play a role.
Q: My community is 20 years old. Should I be concerned about remaining competitive?
2021 is the year to better understand changing consumer expectations and stay focused on fundamentals for success.
Yes, but creative thinking and innovative approaches will be required.
When we think of “generations,” we usually consider the general population, as well as our peers, children and grandchildren.
Looking to the future, a growing number of operators of individually owned, self-managed senior living communities have two major concerns.