Senior living providers need to reject top-down management approaches and be bolder in how they appeal to prospective workers to overcome increasingly steep recruitment and retention challenges. This was a key message shared by industry executives Thursday at the 2018 Senior Housing News Summit in Los Angeles. The panelists described a worsening staffing crunch, due […]
Nonprofit senior living provider HumanGood credits better employee engagement with driving down nursing turnover 36% and dining staff turnover by 48% between 2014 and 2016. The Pleasanton, California-based provider worked with employee engagement firm Brand Integrity to achieve these results. Now, Brand Integrity—which has a stable of other health care and senior living clients—has been […]
PMRG in Talks to Merge with Madison Marquette Texas-based PMRG, a privately held commercial real estate firm specializing in property management, project leasing investment management and development services, and Washington, D.C.-based Madison Marquette, a privately held commercial real estate investment and operating company, are in talks to merge. Closing is expected in the next 30 […]
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HumanGood has gained industry attention for its plans to reinvent the continuing care retirement community (CCRC), but the large nonprofit provider has even grander ambitions when it comes to senior living innovation. This year, it plans to hire an executive to focus on its wide-ranging innovation efforts, which include creating a prototype offering for the […]
In rebranding, a number of senior living organizations are beginning to employ a strategy used by iconic brands like Virgin. Specifically, it’s very on-trend for companies, no matter their industry, to choose a new name that’s aspirational as opposed to descriptive, Geoff Cook, partner at international strategy, design and branding firm Base Design, told Senior Housing News. […]
If retirement begins at 55, independent living is three decades late. While independent living (IL) is loosely considered the start of the senior living care continuum, experts agree that most people are not entering IL until their 70s at the earliest, according to a new report from Senior Housing News. One study pushes that figure […]
SHN’s Movers & Shakers Column is sponsored by the SHN Job Board. To look for assisted living jobs for yourself or a friend, visit https://jobs.seniorhousingnews.com. If you’re an employer, post your senior living jobs with us and attract the industry’s best-read professionals today. Have hiring/staffing announcements? Send them to [email protected] Lancaster Pollard Hires Managing Director […]
Senior housing penetration rates are bound to increase over the next dozen years and there are ways providers can help speed up the process, according to experts. The current senior housing penetration rate stands at 11.7%, according to a newly released report from Newport Beach, California-based real estate research firm Green Street Advisors. In this case, […]
The strong desire of many older adults to age in their own homes continues to threaten the senior housing industry. To begin to attract more of these seniors, the industry will have to become more innovative, according to Dan Hutson, chief strategy officer at HumanGood, a Pleasanton, California-based operator of affordable housing and senior living communities. “Technology is […]
