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...
Long-term care workforce challenges remain at ‘crisis’ level
By
Kimberly Bonvissuto
Feb 11, 2022
Federal jobs data show that workforce challenges in the long-term care industry remain at a ‘crisis’ level, according to the industry.
‘Living wage’ would benefit 75 percent of direct care workforce: LeadingAge report
By
Kimberly Bonvissuto
Sep 23, 2020
The coronavirus pandemic has highlighted the role of the country’s 3.5 million direct care workers on the front lines of the public health crisis, but those workers are undervalued and face barriers...
Brookdale doubles down on focus on workforce, occupancy, trust to continue recovery, growth
By
Kimberly Bonvissuto
Feb 23, 2023
Brookdale Senior Living plans to tighten its focus on workforce, occupancy, and resident and family trust as it maintains its strategic priorities into 2023, President and CEO Lucinda “Cindy” Baier...
NCAL, Argentum tell OSHA: COVID-19 healthcare rule could compound senior living financial, workforce...
By
Kimberly Bonvissuto
Apr 28, 2022
Senior living industry leaders brought their concerns about a proposed federal COVID-19 healthcare rule to the table on Wednesday in testimony reiterating their opposition to broad requirements that they...
As ‘unprecedented’ crisis continues, workforce issues top 5 priorities for NCAL, executive director...
By
Kimberly Bonvissuto
Oct 10, 2022
NASHVILLE, TN — As assisted living providers continue to experience an “unprecedented workforce crisis right now,” the issue tops the list of five priorities for the National Center for Assisted...
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.
2022 will bring challenges, opportunities for senior living industry: panel
By
Kimberly Bonvissuto
Dec 10, 2021
Senior living executives say that the sector will continue to face workforce and operating challenges in 2022, but they are carrying a sense of optimism into the new year, with technology and innovation...
NLRB releases new joint-employer standard amid senior living opposition
By
Kimberly Bonvissuto
Oct 27, 2023
The new joint-employer standard released Thursday by the National Labor Relations Board will present greater risk for employers that contract with services providers, “creating greater liability for...
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...