ShiftKey, a tech platform that connects senior care professionals looking for work with employers, has a new $300 million cash infusion that will move the firm forward towards its next phase of growth. Dallas, Texas-based ShiftKey offers a platform where licensed health care staff including registered nurses, certified medical assistants and clinicians can search for […]
OnShift
OnShift received a strategic investment from healthcare-focused marketplace platform ShiftKey, and the companies believe their collaboration will help address current — and persistent — challenges with senior living labor. Dallas-based ShiftKey is a platform that licensed healthcare professionals such as registered nurses can use to select work opportunities based on a number of factors such […]
Nearly 80% of respondents to a recent seniors housing industry survey reported that caregivers and hourly employees face critical levels of burnout and another 80% said that staffing shortages are the biggest issue they face. OnShift, a Cleveland-based human management software company, revealed the results of its third annual Workforce 360 Survey earlier this month. […]
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Covid-19 exacerbated an already tough hiring environment for senior living providers over the past year. Now, as the industry nears a post-pandemic environment, it is uncertain if providers will be able to recruit available workers — a challenge that may become harder if hospitality and other industries hard hit by Covid-19 experience quick rebounds. While […]
Hiring employees is now the top labor challenge for the senior living industry, and unsurprisingly, Covid-19 is a big reason why. That’s according to a new “Workforce 360” report from OnShift, a company that provides senior living workforce software and services. For its latest report, OnShift heard from more than 2,100 senior living industry professionals, […]
The Covid-19 pandemic has injected new stress and fear into senior living workers’ lives, and this has prompted some providers to implement new strategies in order to retain them. Flexible scheduling, higher pay, free meals and other services were not standard fare in the senior living industry before the pandemic, but providers now wield these […]
Ziegler completes 3 transactions totaling $240M Ziegler completed the following transactions: A Series 2020 Bond package totaling $199.4 million for Acts Life-Retirement Communities, consisting of $115.11 million in Series 2020 tax-exempt bonds and $84.3 million in 2020 taxable bonds. The tax-exempt bonds were issued through the Wisconsin Public Finance Authority, Palm Beach County (Florida) Health […]
The complexities of Covid-19 have thrown a wrench in many senior living providers’ recruitment efforts during a time of need. But there are some ways companies can retool hiring for the new pandemic age. Forging ahead with a new hiring strategy is especially important, given that Covid-19 has only made hiring harder in recent months, […]
New Senior completes $385M AL/MC Portfolio sale New Senior Investment Group (NYSE: SNR) completed the $385 million sale of its entire assisted living and memory care portfolio for a gross sale price of $385 million (the “Transaction”). Proceeds from the transaction, which was first announced last November, were used to reduce debt by approximately $360 […]
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