Senior living’s value proposition is changing, but providers can adapt and stay relevant, expert says
By
Kimberly Bonvissuto
May 10, 2024
The senior living industry is suffering from a trust and image problem, as well as a data problem. But it’s still possible for the sector to adapt to emerging technology trends to reshape its future.
Senior living needs COVID-19 tests, too, Argentum tells HHS as Ohio issues mandate
By
Kimberly Bonvissuto
Lois A. Bowers
Aug 24, 2020
Nursing homes aren’t the only long-term care settings that need testing capabilities amid the coronavirus pandemic, Argentum President and CEO James Balda said a day after HHS announced it would be sending...
Senior living will need 3 million workers by 2040: Argentum
By
Kimberly Bonvissuto
Mar 09, 2023
By 2040, long-term care settings will have 20 million job openings — 3 million of those alone in senior living — escalating the need to recruit and retain workers, and to educate lawmakers on the acute...
Senior living industry breathes sigh of relief over Provider Relief monies, asks HHS to pay up
By
Kimberly Bonvissuto
Kathleen Steele Gaivin
Aug 12, 2021
With Senate passage of the $1 trillion bipartisan infrastructure deal on Tuesday, the senior living industry is breathing a sigh of relief that Provider Relief Funds emerged unscathed.
SENIOR Act proposes $10B sustainability fund, workforce development programs for assisted living
By
Kimberly Bonvissuto
Jan 28, 2022
Legislation to address labor challenges and create a sustainability fund to the tune of $1.25 billion for senior living providers is expected to be introduced today.
Federal nursing home staffing mandate will siphon workers from senior living, groups fear
By
Kimberly Bonvissuto
Apr 23, 2024
A federal nursing home staffing mandate will siphon workers from assisted living and other long-term care settings, in the long run limiting access to care and services, according to senior living experts...
National senior living benchmarks can help providers use statistics to make decisions
By
Kimberly Bonvissuto
May 09, 2023
NEW ORLEANS—Senior living providers who have tools to measure, track and analyze relevant sales performance metrics are in an ideal position to implement best practices and optimize their sales teams...
Senior living faces lingering workforce, financial challenges, provider groups say
By
Kimberly Bonvissuto
Apr 27, 2023
Although the COVID-19 pandemic led to increased costs, decreased revenue and exacerbated staffing shortages across the healthcare continuum, assisted living providers weathered those challenges with fewer...
CMS throws down ultimatum on HCBS settings final rule compliance
By
Kimberly Bonvissuto
Nov 29, 2022
The federal government is giving states and providers an ultimatum to make progress on meeting the requirements of the home- and community-based services settings final rule that goes into effect in the...
Labor issues a concern for LTC portfolio operators
By
Lois A. Bowers
Nov 06, 2016
Senior living operators represented in LTC Properties’ portfolio are seeing labor costs creep up, but the shrinking labor pool represents a greater challenge to them, Wendy Simpson, the REIT’s...