Expense pressures overtake workforce issues as top challenge for operators: NIC
By
Kimberly Bonvissuto
Aug 26, 2022
Increasing operating expenses are overtaking staffing issues as the biggest challenge facing senior living and care organizations, according to the results of a new survey by the National Investment Center...
Occupancy increases for assisted living, nursing homes; decreases for memory care: NIC
By
Kathleen Steele Gaivin
Jan 14, 2022
Assisted living and nursing homes occupancy is on the rise, but memory care communities are seeing declining occupancy, according to the latest NIC Executive Survey Insights report released Thursday.
More than half of senior living operators see move-in pace accelerate: NIC
By
Kimberly Bonvissuto
May 08, 2023
More than half of senior housing operators are reporting an increase in the pace of move-ins — the highest percentage since April 2022 but still below peak 2021 numbers, according to the National Investment...
An ally in the minimum wage battle
By
Lois A. Bowers
Mar 14, 2016
Senior living operators who oppose an increase in the national minimum wage to $15 have an ally in Richard Fisher, former president and CEO of the Federal Reserve Bank in Dallas.
Evidence points to improving job market in senior living, economist says
By
Kathleen Steele Gaivin
May 03, 2023
“There’s evidence of improvements in the job market for senior housing,” Beth Burnham Mace, National Investment Center for Seniors Housing and Care chief economist and director of outreach, said...
Senior living operators optimistic about easing staffing challenges
By
Kimberly Bonvissuto
Jul 14, 2023
Staffing challenges appear to be easing, according to senior living operators responding to the latest National Investment for Seniors Housing & Care executive survey, the results of which were released...
April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
Rising operating expenses surpass staffing as top provider concern: NIC
By
Kathleen Steele Gaivin
Aug 26, 2022
Rising operating expenses are now the top-cited challenge for long-term care providers, according to the latest Executive Survey Insights report, released Thursday by the National Investment Center for...
‘Unique’ senior living workforce challenges have 3 solutions, former Speaker Paul Ryan says
By
Lois A. Bowers
Oct 25, 2023
CHICAGO — Three keys to solving workforce shortages in senior living and skilled nursing are changes to the country’s social safety net, reforms to immigration policies, and the use of technology,...
Senior living wages competitive against other healthcare sectors: NIC
By
Kimberly Bonvissuto
Jul 26, 2022
The senior living industry employed more personal care aides than skilled nursing in 2021 and paid competitive wages that came close to the national hourly average, according to a new analysis of jobs...