Rising resident acuity is impacting senior living margins, and in response operators are getting creative to make bottom line improvements even as challenges remain. In recent years, especially with the pandemic, operators have said residents are arriving in senior living communities with more care needs than in the past. That phenomenon is shaping the future […]
As senior living development remains tough, some companies are finding ways to build scale and evolve for a new generation by adding cottages to their campuses. Operators with cottage units say they can serve as a stepping stone for prospects entering senior living for the first time, while also helping hit a price point more […]
This content is part of your SHN+ subscription 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 Distinctive Living sub-brand plans cottages Live Well Senior Cottages, a sub-brand of Distinctive Living, recently announced […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
This content is part of your SHN+ subscription Senior living operators are improving care coordination and life enrichment offering for residents in a bid to improve length of stay (LoS) — while also being patient as the market appears to be normalizing from disruptions related to Covid-19. Many providers have reported that acuity among residents […]
This article is part of your SHN+ subscription Senior living providers are staying aggressive on rates as they look ahead to 2024, carrying over yet again another year of substantial increases while attempting to not impact occupancy figures. From right-sizing rates for a specific market footprint to enacting blanket rental rate increases across an entire […]
This article is part of your SHN+ subscription 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: Completed Cogir opens Arizona community Cogir Senior Living has announced the opening of ACOYA Shea, an age-in-place […]
After margins hit a near-low point in late 2022, senior living operators have spent 2023 strengthening their bottom line with hopes that growth will continue into the new year. In many cases, margin gains have been a direct result to operators improving census across their portfolios, shoring up labor pressures and increasing resident market rates. […]
With the senior living industry aiming for wider margins and lower expenses this year, providers across the country are getting creative on all aspects of labor as staffing remains critical albeit tough. New data from LivingPath, an online platform that provides pricing and other data for senior housing communities, shows that senior living vacancies have […]
Nearing the halfway point of 2023, senior living operators are ramping up efforts to maintain momentum in various areas, from generating revenue growth to innovating on staffing, with a goal of seeing year-end success. But the road to wider margins and boosted revenue is fraught with challenges, from outside pressures on interest rates that hamper […]
