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Yes, the aging of the baby boomers may result in a “silver wave” of residents moving into senior living communities, but one investor is urging caution. And independent living “may be left out to dry,” he says.
Not one session at the three major trade shows this fall addressed alignment. And frankly, there may not be a more important issue facing operators today.
Continuing care retirement communities offer peace of mind that often comes with a six- to seven-figure entrance fee. Leadership at the San Francisco Campus for Jewish Living chose a different path.
When you have a strong brand that has served you well for years, why would you consider changing or evolving it? That is precisely the time to step back and look at defining the next stage of the brand.
It’s time to stop describing communities using terminology that focuses primarily on healthcare and the traditional sense of what retirement meant in the past.
Going paperless in several departments, including accounting and human resources, is one of the best ways to prepare yourself for a spike in occupancy.
As a business leader, I always am looking for innovative workforce solutions. We pay fair wages, and our employees can benefit from being able to better manage their finances — and I soon discovered the idea of earned wage access.
Interestingly, family caregivers are just as concerned with the communication they experience as they are with the quality of care their loved ones receive on a daily basis.
When someone moves into a senior living community, the dining experience, as well as food service quality, ultimately can affect comfort levels and long-term happiness. Providing food that everyone loves can be incredibly difficult for several reasons, however.
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McKnight’s Senior Living welcomes guest and marketplace columns from industry thought leaders about issues affecting the industry. For more information, see our column submission guidelines.
