Lack of employee recruitment, retention investment leads to $1 million to $2 million spend on turnover:...
By
Kimberly Bonvissuto
Oct 03, 2024
With turnover costing senior living organizations more than $1 million annually, investing in professional development is “crucial” for nurturing talent and fostering a culture of engagement and well-being,...
Senior living operators must adapt to market trends to meet demographic shifts, evolving preferences
By
Kimberly Bonvissuto
Sep 19, 2024
Rebounding occupancy, increasing investment and consolidation activity, and the furthering of integrated healthcare models were among the trends senior living experts discussed during an Argentum webinar.
‘Alarming’ legal opinion could be ‘detrimental’ to senior living project financing, leaders say
By
Kimberly Bonvissuto
Aug 16, 2024
An “alarming” legal opinion affecting a federal loan program popular with senior living and care organizations could have a “detrimental” effect on maintaining senior living communities and other...
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...
New bill targeting private equity, REIT transparency muddies waters for assisted living
By
Kimberly Bonvissuto
Jul 29, 2024
An updated version of a bill targeting transparency for private equity firms has removed assisted living from the mix of covered entities, but a tax code definition covering real estate investment trusts...
Coalition once again urges action on assisted living for veterans legislation
By
Kimberly Bonvissuto
Jul 16, 2024
A coalition of senior living and care organizations is pressing lawmakers to suspend the rules and push through a piece of legislation that would open assisted living community access to some veterans,...
Coalition backs House labor bill to prohibit federal funding for joint employer rule, electronic union...
By
Kimberly Bonvissuto
Jul 12, 2024
A coalition of senior living groups and other business organizations is urging support in the House of Representatives for the labor appropriations bill, which they say includes “critical” policy riders...
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...