Senior living operators continue to push rental rate increases, but a new data release shows the pace of those increases is decelerating. In an analysis of aggregated pricing data from 1,700 communities, LivingPath, an online platform that collects and provides data on senior housing communities, found that rates are rising 20% to 30% less quickly […]
LivingPath
Wages for many key health care workers in assisted living increased between 5% and 6% on average last year. That’s according to the latest edition of the Assisted Living Salary & Benefits Report from Hospital & Healthcare Compensation Service (HCS), which is produced in collaboration with LeadingAge and the National Center for Assisted Living (NCAL). […]
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 […]
Over the last few years, the senior living industry has focused on meeting the middle market, and for good reason. But at the other end of the spectrum lies another evolving market niche: luxurious communities with services and prices geared toward the affluent. For residents, these communities come with cream-of-the-crop services — and monthly rates […]
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