The Covid-19 pandemic has burdened senior living operating budgets, and operators say two items on their balance sheets pose the biggest threat to financial stability: labor and food. On the labor side, expenses have risen as operators have leaned on overtime and agency workers to maintain service levels amid staffing shortages. At the same time, […]
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 Maryland Hotel to Transition to Senior Living The Solomons Inn Hotel in Solomons, Maryland will stop catering to travelers and start serving seniors as […]
Senior living operators have been enacting changes in operations since the Covid-19 pandemic began, but some adaptations have been fleeting while others have proven longer-lasting. Recent conversations with several executives — including with large providers such as Brookdale, Frontier and Senior Lifestyle — highlight that operators now have committed to new practices across essentially every […]
New senior living construction starts are ramping up again in many markets across the U.S. after plummeting in 2020 — and senior living investors and developers should look twice before jumping into a new project. While there is much interest in developing senior housing communities — and many opportunities right now to do so, given […]
Staffing was already hard for the senior living industry prior to Covid-19, and the pandemic has made it all the more difficult. The current challenges have led some operators to consider creative new solutions for recruiting and retaining. For instance, when Covid hit, getting and keeping workers became harder than perhaps ever before for Bloomfield, […]
Early in 2020, senior living operators had hoped the pandemic would result in only a temporary hit to margins. They are still under bottom-line pressure as the pandemic enters its third year. The industry is reeling from a one-two punch of depressed occupancy and elevated expenses, with inflation on the rise and workforce challenges leading […]
The Covid-19 pandemic is still putting pressure on every facet of senior living operators, particularly as it relates to staffing, occupancy, and expenses. Technology is helping to fill the gap. Across the industry, senior living operators are exploring robotics and software systems aimed at boosting efficiency and helping workers spend more time with residents. Operators […]
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 […]
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 […]
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 year. Visit SHN […]
