Using ethical principles in decision-making, especially during the challenges involved in responding to the vaccine mandate, reduce friction while providing for respectful disagreement and thoughtful deliberation.
As we move forward, let’s no forget to reflect on the lessons learned, the knowledge gained and the progress made in the midst of adversity, questioning not what brought us here but instead looking ahead to where we will go.
A well-designed strategic plan, followed by a successful rollout, will keep you moving in the right direction.
We need our legislators to support the needed influx of qualified caregivers for the sake of our nation’s sick, elderly and disabled.
Physical therapists and other treatment providers are a net positive to our residents’ long-term physical and mental well-being. Bringing them back has improved residents’ overall health and has given them a sense of hope that has spread to our staff members and our residents’ families.
Assisted living communities can meet their residents’ desire for marijuana use with careful consideration and planning.
By enforcing and publicizing Medicaid estate recoveries throughout the country, we can encourage private long-term care financing, reduce dependency on Medicaid, and improve access and quality of care for people of all income levels. Senior living operators stand to benefit from greater private-pay revenue and less dependency on Medicaid’s meager reimbursement rates.
Over the years and through my various hospitality roles, I have learned that relationships are key, and that is no different in the business of senior housing – building supportive, meaningful and open resident relationships are the bottom line.
Senior living organizations must help workers find their unique sweet spots to optimize positive experiences amid change.
Lessons we’ve learned about how to most effectively reach older adults in affordable senior housing can be applied to efforts designed to reach any underserved population with digital health technology and training.
Developers who invest in senior housing can expect yields of 6 to 7%, stemming from rental income, with an added 3 to 4% appreciation every year. The yields are not only solid, they also come at low risk.
After grappling with the COVID-19 crisis for the past year, senior living and care facilities are waking up to some stark financial realities that are starting to push a new wave of consolidation in the sector. One recent analysis found that the long-term care industry expected to lose $94 billion over 2020 and 2021, a…
Through focusing on belonging and enabling every employee to feel accepted and welcomed, senior living organizations can maintain a staff with the diversity of experiences and views necessary to thrive in the modern-day work environment.
Creating a virtual marketplace represents a tremendous business opportunity for innovators who want to see their residents and local older adults thrive.
If proposed social insurance plans actually were to pass and take effect, senior living operators may find themselves with even fewer private payers and more residents dependent either on Medicaid or one of those new, equally poorly funded government programs.
Our familiarity and alertness to the signs and symptoms of COVID-19 can make residents and patients susceptible to misdiagnosis in cases where another ailment shares similar symptoms, such as blood clots.
Stop using the pandemic as an excuse as to why other projects or programs are not moving forward; use it as motivation for innovation and change.
Internships are a great way to welcome individuals into the senior living profession. When driven by a mindset of scarcity-thinking and fear, however, communities avoid hiring them and miss out on many benefits.
Senior living beyond the pandemic may not look too different externally, but internally, there will be an effect from lessons learned in six areas.
An organization’s culture (or lack thereof) most likely will be highlighted (or exposed) during a time of change. It may be a leadership shift, an acquisition or even the introduction of new processes or technology. Or a pandemic.