Whether you’re a large or small senior living operator, developer, investor or manager, times are tough and forcing choices for all senior housing companies. The AAHSA released one article on entitled, CCRC Management in Tough Times, which discusses ways to navigate the rough economic waters by focusing on the communication, cost cutting and effective implementation of strategy as ways to excel. The other article is taken from Ziegler’s Six Strategies for Senior Living Providers in Challenging Economic Times that focuses more on the financial side of senior living operations versus the operational and communication aspects of operation. Both articles are worth looking at for an idea or two that might help lower some costs, increase revenues or position a business for better times.
