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...
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...
‘Rich opportunities, daunting challenges’ ahead for senior living: report
By
Kimberly Bonvissuto
Feb 08, 2024
2024 will bring both “rich opportunities” and “daunting challenges” as senior living takes “two steps forward and one back,” according to a new Argentum industry forecast report.
Senior living advocates ask Congress to expand college savings plans to fund career-related expenses
By
Kimberly Bonvissuto
Jan 24, 2024
A coalition of almost 800 nonprofit organizations, businesses and associations — including several in senior living — is urging Congress to include a bipartisan bill expanding eligible uses of college...
Nursing home staffing mandate puts assisted living communities at risk of losing workers, experts say
By
Kimberly Bonvissuto
Sep 06, 2023
Assisted living communities are at risk of losing staff members following the first-ever proposed federal staffing mandate for nursing homes, released Friday, according to senior living experts.
Proposed overtime rule would worsen workforce, resident access issues, provider groups fear
By
Lois A. Bowers
Aug 31, 2023
A Labor Department-proposed rule that would make approximately 3.6 million more salaried workers and so-called highly compensated employees eligible for overtime pay is “ill-timed” and would worsen...
Senior living workforce programs gain support in bipartisan Senate spending bill
By
Kimberly Bonvissuto
Jul 31, 2023
Following a “deeply partisan” spending proposal from the House of Representatives that gutted workforce development programs, senior living advocates are praising a Senate bipartisan spending bill...
Staffing challenges need attention from federal policymakers, industry advocates say
By
Kimberly Bonvissuto
Jul 20, 2023
Healthcare workforce shortages are at crisis levels and need attention from policymakers, according to senior living advocates.
30 percent federal funding cut jeopardizes senior living workforce programs, provider group says
By
Kimberly Bonvissuto
Jul 17, 2023
A proposed funding cut of almost 30% for the Department of Labor could jeopardize senior living workforce training programs being launched in several states, according to Argentum.
Tech, healthcare as value proposition among silver linings of pandemic for senior living, executives...
By
Kimberly Bonvissuto
May 11, 2023
The pandemic upended the senior living business model, but it wasn’t all bad, according to a panel of executives at the 2023 Argentum Senior Living Executive Conference this week.