Starling Hires Executive Director for Community in Ponte Vedra, Florida Starling, a senior living owner and operator based in Jacksonville, Florida, has hired Megan Kennedy to serve as executive director for its Starling at Nocatee location. The 92-unit assisted living and memory care community is slated to open this fall in Ponte Vedra, Florida. Prior […]
Argentum
Senior living communities can no longer just give great care to residents. Providers now must go above and beyond to make sure residents feel supported and are also having a great time, company leaders said at the annual Argentum Senior Living Executive Conference in Nashville last week. Twenty years ago, if a service delivery failed, senior […]
Despite widespread criticism of the current presidential administration and infighting among political parties in Washington, the current political climate may bode well for the senior living industry, according to James Balda, president and CEO of national senior living industry organization Argentum. The senior living industry has plenty of ways to curry favor with policymakers, Balda suggested […]
Young professionals in senior living seem to have a few things in common. One is that they find their jobs rewarding. Another is that they never intended to make a career in this industry. This is according to a few young, emerging leaders in the field of aging, who have banded together to raise awareness […]
HCP Board Officially Elects New CEO, President After making the announcement in November, the HCP Inc. (NYSE: HCP) board of directors officially elected Tom Herzog as a board member and CEO, and Justin Hutchens as the company’s president. Both elections were effective Jan. 1. Herzog previously served as CFO since rejoining the company in June, and […]
Amid pressing business challenges and a changing resident demographic, the senior living industry is increasingly seeking out additional avenues to come out on top, with ancillary services playing an ever-larger role. These additional amenities and clinical services encompass everything from massage therapy and salons to dermatology and X-rays, administered on site at senior living communities […]
Average hourly earnings for assisted living workers increased 4.1% between the third quarter of 2015 and third quarter of 2016, outpacing wage growth in other senior housing settings and the private sector as a whole. For senior housing generally, average hourly earnings rose at a 2.7% rate in that 2015-2016 time period, according to a […]
With labor challenges looming large, senior living providers rely on solid benefits plans to attract and retain workers. But some providers are considering whether changes are needed. That’s according to recently released survey findings from advisory, broking, and solutions company Willis Towers Watson (Nasdaq: WLTW) and senior housing industry association Argentum. “Senior living operators continue […]
In addition to the presidential election that took place on Nov. 8, the public also cast their votes on many new laws and officials that will force change on the state level—including for senior housing. There were 44 states that held legislative elections and 86 of 99 chambers were up for election. Industry association Argentum […]
After a long evening of counting votes on Tuesday, Donald Trump was declared as the next President of the United States. The impacts of a Trump presidency will soon be known, but Tuesday night fears swirled around a potential market collapse as Trump’s imminent victory created a sharp initial downturn. By Wednesday morning however, the outlook is […]
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