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.
Supporting frontline workers key to resolving senior living’s ‘burnout crisis,’ data show
By
Kimberly Bonvissuto
Mar 01, 2021
After battling COVID-19 on the front lines for almost a year, senior living employees are at a breaking point — even more so than workers in home health agencies, hospitals or retail settings, according...
Communication, documentation key in COVID litigation defense, legal experts say
By
Kimberly Bonvissuto
Oct 28, 2022
COVID-19 continues to challenge senior living and other long-term care providers on various levels. But the message from the legal field remains consistent: communicate and document.
Despite ‘mediocre’ results, Welltower CEO sees strong senior living recovery moving forward
By
Kimberly Bonvissuto
Nov 08, 2021
Despite “mediocre” bottom line results affected by a perfect storm of extraordinary labor, insurance and utility costs, Toledo, OH-based Welltower posted its strongest revenue growth since the pandemic...
Tech, labor, wellness, business concerns factor into senior living industry trends, predictions for 2022
By
Kimberly Bonvissuto
Jan 06, 2022
The pandemic has left its mark on the senior living industry — good and bad. As another new year begins, some industry experts share trends and predictions for what lies ahead.
Service coordinators improved affordable senior housing resident resilience during pandemic: surveys
By
Kimberly Bonvissuto
Nov 21, 2022
Service coordinators in federally subsidized senior housing drew on their professional knowledge, connections and relationships to identify and address pandemic-related challenges for residents, according...
Ventas riding senior housing recovery with occupancy, revenue growth
By
Kimberly Bonvissuto
Feb 22, 2022
The senior living industry pandemic recovery is underway with accelerating demand, strong rate increases and rapidly improving clinical conditions, with expectations for occupancy and revenue growth going...
Despite second quarter’s ‘mediocre’ results, Welltower CEO anticipates ‘record year’
By
Kimberly Bonvissuto
Aug 11, 2022
Toledo, OH-based real estate investment trust Welltower had one of its most active starts for investment activity in its history, completing $1.6 billion of investments in the second quarter. But even...
$6 trillion spent, but targeted pandemic relief eludes assisted living industry
By
Kimberly Bonvissuto
Jan 27, 2022
With $11 billion in Phase 4 Provider Relief Funds having gone out to 74,000 healthcare providers, including senior living providers, and $6 trillion in overall COVID-19-related aid having been spent across...
Provider Relief Fund replenishment is new rallying cry for long-term care advocates
By
Kimberly Bonvissuto
Feb 24, 2022
The Provider Relief Fund is front and center among senior living and care organizations rallying for additional financial support and resources for the long-term care sector, which they say is in a “critical...