Senior living’s staffing challenges will improve in the second half of 2023 — but for now, the industry is still mired in widespread shortages. That’s according to a new National Investment Center for Seniors Housing & Care (NIC) survey tracking senior living executive sentiment. More than 48 owners and executives of senior housing and skilled […]
Category: Staffing
Welltower (NYSE: WELL) made several appointments and promotions of senior positions to bring an “outsider mentality” to the company’s future plans. The Toledo, Ohio-based real estate investment trust (REIT) on Tuesday appointed Nikhil Chaudhri to the role of chief investment officer and executive vice president. Welltower also appointed Ayesha Menon to the role of executive vice […]
ShiftKey, a tech platform that connects senior care professionals looking for work with employers, has a new $300 million cash infusion that will move the firm forward towards its next phase of growth. Dallas, Texas-based ShiftKey offers a platform where licensed health care staff including registered nurses, certified medical assistants and clinicians can search for […]
The senior living industry has a diversity problem. A recently released report from a coalition made up of Argentum, ASHA and NIC helps quantify where the industry stands on diversity, equity, inclusion and belonging (DEIB). The report shows how much work is left to be done but also says the industry is “starting from a […]
Since becoming CEO of Pennant Group (Nasdaq: PNTG) in August 2022, Brent Guerisoli has been focused on one area above all else: leadership. “We don’t really see ourselves as a health care provider or a senior living provider only — we see ourselves as a world-class leadership organization,” Guerisoli said during a recent SHN+ TALKS […]
Senior living operators across the country are preparing residents for some of the most aggressive rate increases in industry history, as providers stare down another year beset with higher costs and labor pressures. In the current environment, increasing resident rates often has little to no impact on recovering margin lost during the Covid-19 pandemic. Instead, […]
Rising staffing costs. No-call, no-shows. Difficulty hiring and keeping workers. These are just a few of the human resources-related challenges that senior living leaders have faced in the last year. But as much as they would like to put the previous 12 months behind them, those stiff headwinds have also resulted in better staffing practices. […]
Stellar Senior Living SVP and Co-Founder Adam Benton has some advice for senior living providers seeking to improve their hiring processes: Apply for a job at McDonald’s. That’s what he did, after hearing so many times that Stellar communities were struggling to compete against fast food restaurants for workers, Benton explained during a recent SHN+ […]
by Alan Butler Erickson Senior Living is one of the largest U.S. senior living providers, with more than 28,000 residents and nearly 15,000 employees. CEO Alan Butler shares his thoughts on the labor crisis in senior living, and how Erickson has responded. For all the operational strains the Great Resignation has imposed on companies during […]
For the first time in a long time, I am hearing general optimism about the senior living labor market. Owners and operators have expressed this optimism in conversations I had at the ASHA conference, in recent presentations from public companies, and in reporting that we’ve done for Senior Housing News stories. Some of the momentum […]
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