As the senior living labor pool continues to shrink, operators are finding ways to reinvent old tactics for attracting prospective employees and finding new ways to combat staffing issues. It’s no secret that operators are facing recruitment and retention issues amid a highly competitive labor market. The assisted living workforce contracted 6.7% between February 2020 […]
The middle-market is among the biggest opportunities in the senior living industry today — and yet, it is also one of the sector’s hardest market segments to reach. Low occupancy rates and relatively high expenses have driven down net operating income (NOI) for many operators. While predominantly private-pay senior living companies have responded to these […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned 2Life’s First Opus Community Takes Shape 2Life Communities has announced that its new “Opus” concept for middle-income older adults is under development. As planned, […]
One year ago, vaccine clinics were just getting underway in senior living communities, raising hopes for a better year ahead after the devastating toll exacted by Covid-19 in 2020. While Covid-19 vaccines have been a gamechanger for senior living providers, the quotes below reflect that 2021 presented plenty of daunting challenges, including unprecedented labor pressures. […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit https://futureleaders.agingmedia.com/. Elise Selinger has been named a 2021 Future Leader […]
2Life Communities President and CEO Amy Schectman knows too well how easy it is for middle-income older adults to fall between the cracks. That’s why she and 2Life have come up with a new senior housing concept aimed at filling the middle-market “abyss.” The concept, called Opus, is meant to reduce senior housing rates […]
2Life Communities President and CEO Amy Schectman still remembers the tearful phone calls. Desperate family members would phone Schectman crying, and relay an all-too-familiar problem: their loved ones earned slightly too much to qualify for true affordable senior housing, but not enough to afford living in market-rate communities. In the senior living industry, this group […]
The pandemic has made it perhaps harder than ever before to predict the trajectory of the senior housing industry. But five new projects across the country might give an indication of where the industry is headed in the coming months and years. From the rise of active adult communities to new middle-market models to interesting […]
Six trends are rocking intergenerational senior living, changing how operators deliver a lifestyle that is growing each day in popularity and product type. Last week, we looked at five of those trends, each of which are explored in deeper detail in the new Senior Housing News report, “The New Opportunity in Intergenerational Senior Living.” The […]
