Labor costs, federal scrutiny create distress in senior living and care
By
Kimberly Bonvissuto
May 30, 2024
The major challenges and opportunities facing senior living and care providers include bankruptcy filings, scrutiny of private equity involvement and antitrust concerns in deals.
Series on long-term care affordability, staffing, equity a ‘wake-up call,’ industry advocate says
By
Kimberly Bonvissuto
May 28, 2024
A special report published last week by CNHI News and the Associated Press that focused on several “issues and complications” in assisted living and other forms of long-term care is a “wake-up call...
Task force releases recommendations addressing workforce shortages
By
Kimberly Bonvissuto
May 20, 2024
Although North Carolina’s assisted living communities don’t employ large numbers of nurses, industry leaders noted that findings and recommendations from a state task force on addressing a shortage...
Addressing senior living caregivers’ childhood trauma improves outcomes for workers, residents: report
By
Kimberly Bonvissuto
May 14, 2024
Senior living and care employers can reduce the negative effects of childhood trauma experienced by frontline caregivers by building nurturing relationships and safe workplaces, according to a new report.
Assisted living will ‘meet its promise’ by providing services consumers want, experts say
By
Kimberly Bonvissuto
May 08, 2024
Through the evolution of the assisted living model, the needs of residents have become more challenging, staffing shortages have worsened, regulations have become more complex, financing and accessibility...
Senior living ‘on the precipice of this defining moment,’ Argentum CEO says
By
Kimberly Bonvissuto
Apr 30, 2024
The senior living industry sits “on the precipice of this defining moment with significant challenges but also tremendous opportunities” to tell its story and help millions of older adults “live...
Policy initiatives underway to lessen direct care workforce shortages
By
Kimberly Bonvissuto
Apr 29, 2024
Direct care workforce shortages strain the healthcare system overall and affect access, quality and costs. Although no single answer to the issue exists, several policy initiatives and solutions underway...
Senior living hourly wages outpace private sector, but competition for workers continues
By
Kimberly Bonvissuto
Apr 24, 2024
Hourly wages in senior living communities have increased by 30.9% over the past five years, outpacing growth in the broader private sector by 6.5 percentage points. But the labor market remains “exceptionally...
Senior living will need 3 million workers by 2040: Argentum
By
Kimberly Bonvissuto
Mar 09, 2023
By 2040, long-term care settings will have 20 million job openings — 3 million of those alone in senior living — escalating the need to recruit and retain workers, and to educate lawmakers on the acute...
How can assisted living improve for future emergencies? Report shares ideas
By
Kimberly Bonvissuto
Jan 04, 2023
“It is essential that the assisted living COVID-19 experience be understood to prepare for future emergencies,” researchers from the Center for Excellence in Assisted Living write in a special article...