Labor management, rate increases help drive 6th consecutive quarter of growth for Sonida
By
Kimberly Bonvissuto
Nov 15, 2022
The senior living operating environment continues to be challenged, but Sonida Senior Living executives attribute the company’s sixth consecutive quarter of occupancy and revenue growth to an increased...
Nursing home staffing mandate puts assisted living communities at risk of losing workers, experts say
By
Kimberly Bonvissuto
Sep 06, 2023
Assisted living communities are at risk of losing staff members following the first-ever proposed federal staffing mandate for nursing homes, released Friday, according to senior living experts.
Staffing challenges need attention from federal policymakers, industry advocates say
By
Kimberly Bonvissuto
Jul 20, 2023
Healthcare workforce shortages are at crisis levels and need attention from policymakers, according to senior living advocates.
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...
Senators ask for federal study of assisted living, seek consumer feedback, ponder oversight
By
Kimberly Bonvissuto
Jan 26, 2024
The spotlight on the assisted living industry got a little hotter on Thursday as congressional leaders called for a government study on industry pricing and transparency, announced a website and email...
Top trends in senior living include organizational readiness, operational strategies
By
Kimberly Bonvissuto
Apr 05, 2023
Organizational readiness, and operational and reimbursement strategies, are themes emerging for the year for financial discussions among senior living and care operators.
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...
Senior living provider groups maintain opposition to proposed ‘joint employer’ rule
By
Kimberly Bonvissuto
Dec 12, 2022
Senior living advocates formally have voiced their opposition to a rule for determining “joint employer” status proposed by the National Labor Relations Board.
LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
Senior living ‘on the precipice of this defining moment,’ Argentum CEO says
By
Kimberly Bonvissuto
Apr 30, 2024
The senior living industry sits “on the precipice of this defining moment with significant challenges but also tremendous opportunities” to tell its story and help millions of older adults “live...