LeadingAge ‘mystified’ that senior living is missing from framework for National Plan on Aging
By
Kimberly Bonvissuto
Sep 18, 2024
Calling residential care communities such as assisted living a “vital member” of their communities, LeadingAge said it was “mystified” by its lack of inclusion in the strategic framework for a...
Workforce shortages in the healthcare industry are nothing new. But even with creative incentives and initiatives, continuing care retirement / life plan communities continue to struggle to recruit and...
Senior living CEO compensation expected to outpace general market increases
By
Kimberly Bonvissuto
Mar 07, 2022
Senior living CEO compensation and specialized C-Suite roles will continue to rise, according to an executive compensation analysis of not-for-profits.
Staff development helps combat high cost of turnover
By
Kimberly Bonvissuto
Jul 30, 2024
Although workforce challenges in senior living abound — including the high cost of turnover — there are “bright spots illuminating a path forward,” according to the findings of a new workforce...
Single-site senior living CEOs, CFOs ‘in the weeds’ more but earn less than multi-site counterparts
By
Kimberly Bonvissuto
May 03, 2022
Leaders at single-site, not-for-profit senior living organizations tend to have their “finger on the pulse” of their communities and find themselves “in the weeds” more than their multi-site counterparts,...
Long-term care CEO compensation averages $555,340: report
By
Kimberly Bonvissuto
Feb 27, 2023
Salaries for the nation’s long-term care CEOs range from $318,168 to $600,846, with average total compensation landing at $555,340, according to the 39th edition of the Multi-Facility Corporate Compensation...
Brookdale sets occupancy, move-in records despite market pressures
By
Kimberly Bonvissuto
May 09, 2022
Brookdale Senior Living recorded its best first-quarter sequential occupancy results in 10 years and in March experienced its highest March move-in figure in history, executives said Friday during a first-quarter...
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...
Long-term care execs see modest salary increases: report
By
Kimberly Bonvissuto
Feb 23, 2024
Long-term care corporate executives took home an average salary increase of 3.69% last year, up slightly from the 3.17% reported salary increase in 2022, according to a new report.
Brookdale settles retaliation discrimination lawsuit filed by EEOC
By
Kimberly Bonvissuto
Jun 01, 2020
Brookdale Senior Living will pay $80,000, update its anti-retaliation policies and train employees on compliance with federal anti-discrimination laws to settle a retaliation discrimination lawsuit filed...