In light of both an aging work force among baby boomers as well as new employees entering the senior living business, operators are developing new solutions to accommodate both populations along with their different learning styles and preferences when it comes to training and communications. Largely, they find, training and communication with employees requires more […]
Category: Operators
The senior living industry has been met with a host of technology solutions that help not only drive efficiencies from a business and operations standpoint, but improve clinical outcomes and processes. From addressing the changing needs of assisted living residents to recording clinical information following exams and assessments, senior living providers are adopting technology solutions […]
In the search for new senior housing development sites as well as acquisition targets, analysts and market experts say the criteria today spans well beyond traditional demographics and population statistics. Population size and growth rate among the target demographic of older Americans who ultimately may move into independent or assisted living is one criteria in […]
The Affordable Care Act may be massive, but one component in particular is proving a major consideration for senior living providers: the “employer mandate” to provide health coverage for all “full-time” employees who work 30 hours or more per week. Initially slated to take effect in 2014, the Obama Administration has pushed the rule back […]
Omnicare (NYSE:OCR), an institutional pharmacy service provider based in Cincinnati, Ohio, has started to roll out a new Concierge program to meet the needs of assisted living residents. “Our strongest offering has been toward skilled nursing, but [we’ve started] rolling out new services targeted at assisted living,” said Patrick Lee, vice president of investor relations […]
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