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...
Assisted living, CCRC workforce recovery among slowest in healthcare: NIC
By
Kimberly Bonvissuto
Jun 27, 2022
Assisted living communities, continuing care retirement communities and skilled nursing facilities are experiencing slower workforce recoveries compared with other healthcare sectors, according to a new...
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...
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...
Senior living sees all-time-high affordability, potential expansion of penetration rate
By
Kimberly Bonvissuto
Jul 03, 2024
Senior living affordability is improving, and a growing customer base that is materially better off financially than members of previous generations could expand the penetration rate, according to the...
‘Right now’ is most challenging time for many senior living providers
By
Kimberly Bonvissuto
Jun 30, 2021
Continued unemployment compensation, wage pressures, decreased occupancy and increased costs continue to create challenges for many senior living providers, according to speakers at an Argentum congressional...
Future of seniors housing industry is ‘all about a vaccine’: NIC economist
By
Kimberly Bonvissuto
Oct 06, 2020
The future of seniors housing will depend on several factors, but to National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace, “It’s all about a vaccine.”
Senior living construction challenges continue post-pandemic: NIC
By
Kimberly Bonvissuto
Dec 20, 2023
A combination of challenges have prolonged timelines for senior living projects since the onset of the COVID-19 pandemic, and those delays will become even more problematic as the senior living industry...
Investor optimism abounds about future of senior living
By
Kimberly Bonvissuto
Nov 01, 2022
Despite increasing expenses squeezing operator margins and investment returns, even more reasons exist to be optimistic about senior living’s outlook, according to a new report on emerging real estate...
‘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...