Lingering pandemic-related costs slow operating margin growth: NIC
By
Kimberly Bonvissuto
Mar 11, 2022
As occupancy recovery in senior living continues and the pandemic eases, increasing operating expenses may limit the growth of operating margins in the next six months, according to the National Investment...
Senior living operator’s 4-day work week pilot results in significant jump in job applications
By
Kimberly Bonvissuto
Feb 02, 2023
When two Wisconsin senior living communities announced that they were participating in a four-day work week pilot, job applications jumped significantly and jobs that had been open for an extended period...
‘Tripledemic’ is hurting census growth: NIC
By
Kimberly Bonvissuto
Dec 19, 2022
The pace of move-ins in senior housing and care organizations continued to hold steady, but a “triplememic” of viral respiratory infections is creating a disconnect between move-in rates and higher...
Assisted living benefits hold steady, while sign-on bonuses lose luster
By
Kimberly Bonvissuto
Jan 27, 2023
Most respondents to a new assisted living salary and benefits survey indicated that they provide fringe benefits to employees, although the size of and eligibility for those benefits varies widely by region.
Senior living coalition calls on Congress to address workforce crisis
By
Kimberly Bonvissuto
Oct 20, 2022
A coalition of senior living advocacy groups is calling on congressional leaders to build and train the workforce needed now — and into the future — to care for the nation’s rapidly growing aging...
Today’s employees looking for ‘a little bit more’ than pizza parties
By
Kimberly Bonvissuto
Jun 15, 2023
Brainstorming ways to recognize employees in an effort to boost retention rates? Forget the pizza party, one researcher says. Today’s employees are looking for a little bit more.
Governor signs, vetoes pandemic-related legislation affecting senior living
By
Kimberly Bonvissuto
Oct 04, 2022
Several pieces of legislation affecting senior living operators recently were signed into law in California, whereas other bills tied to the industry were vetoed by Gov. Gavin Newsom (D).
Long-term care ‘still standing’ but in need of ‘reinforcements,’ LeadingAge chair says
By
Kimberly Bonvissuto
Oct 18, 2022
DENVER — Despite challenges from the COVID-19 pandemic, extreme weather and “cheap shots,” the long-term care sector is “still standing,” LeadingAge Board Chairman Mike King said during Monday’s...
Labor costs, federal scrutiny create distress in senior living and care
By
Kimberly Bonvissuto
May 30, 2024
The major challenges and opportunities facing senior living and care providers include bankruptcy filings, scrutiny of private equity involvement and antitrust concerns in deals.
Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.