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,...
‘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...
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...
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...
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...
Communicating the power — and success — of connection
By
Lois A. Bowers
May 28, 2024
Older Americans Month may be winding down, but efforts will continue to share how senior living providers create relationships and connections to help older adults thrive as they age.
HHS seeks input from providers to inform HCBS policy development
By
Kimberly Bonvissuto
Oct 17, 2023
Providers of home- and community-based services in assisted living communities and other settings are being asked to contribute input during the federal government’s review of its evidence map.
Current federal efforts targeting care economy ‘miss the mark,’ industry advocates say
By
Kimberly Bonvissuto
Apr 10, 2024
As a kickoff to Caregivers Month, President Biden spoke Tuesday about the “care economy” at Washington, DC’s Union Station, celebrating the contributions of care workers across the country. Senior...
Federal final rule drops bring cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living...
By
Kimberly Bonvissuto
Apr 25, 2024
Late April brought a shower of regulatory changes as the federal government dropped four major final rules this week that the senior living and care industry is calling “flawed,” “aggressive” and...
Several HR-related legal challenges face senior living employers
By
Kimberly Bonvissuto
May 03, 2024
Human resources issues in senior living aren’t limited to paying competitive wages to recruit and retain employees; an organization’s leaders may need to reassess their management strategies to navigate...