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...
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...
Higher staffing levels save one operator millions
By
Lois A. Bowers
Sep 18, 2016
It may seem counterintuitive, but Shamim Wu, president and chief operating officer of memory care provider Silverado, says that one way the company manages expenses is by having staffing levels that are...
As use of technology rises, reliance on agency staff declines: survey
By
Kathleen Steele Gaivin
Mar 13, 2023
Almost 9 in 10 (86%) senior living and care organizations are using technology to improve efficiencies in human resources, according to the latest Executive Survey Insights report released Friday by the...
The tight labor market is preventing the construction of senior living communities and increasing wage pressure among operators, according to National Investment Center for Seniors Housing & Care Chief...
Skilled nursing demand increasing, but staffing remains issue
By
Kathleen Steele Gaivin
Nov 07, 2022
killed nursing occupancy increased by 48 basis points from July to August to end the month at 78.8%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Staffing shortage is more than an HR headache, speakers say
By
Lois A. Bowers
Oct 22, 2018
The staffing challenges facing senior living communities are not just human resources headaches. They also represent the biggest operational risk in the industry, according to experts participating in...
Dwindling savings, less fear of COVID may drive some back to work, experts say
By
Lois A. Bowers
Nov 03, 2021
Employers in senior living and care and other industries may see their workforce challenges lessen a bit as some peoples’ savings accumulated over the pandemic dry up and as fear of COVID-19 subsides,...
Nursing, residential care facilities lost 11,000 jobs in November
By
Kathleen Steele Gaivin
Dec 07, 2021
Healthcare added 2,000 jobs in November, but nursing and residential care facilities lost 11,000 jobs, according to a report released Friday from the Bureau of Labor Statistics.
12 tips for recruiting and retaining staff members
By
Lois A. Bowers
Mar 28, 2022
At what National Investment Center for Seniors Housing & Care President and CEO Brian Jurutka said was “probably the most important session” at the group’s Spring Conference, four speakers shared...