Senior Living

Market Research Study: Unlocking the Potential of Retired Caregivers in Senior Living Communitie

Unlocking the Potential of Retired Caregivers in Senior Living Communities

As the senior living industry grapples with a pressing challenge – a significant staffing gap caused by the shortage of caregivers – innovative solutions are urgently needed. 52% of assisted living providers say their overall workforce situation has deteriorated since the beginning of 2022. 63% are experiencing staffing shortages with a quarter of those providers saying they have a high level of staffing shortages. To confront these obstacles head-on, operators must go beyond conventional methods and explore new avenues to attract, hire, and retain skilled caregivers.

Unlocking the Potential of Retired Caregivers in Senior Living Communities Read More »

Bridging The Staffing Gap in Senior Living: Five Innovative Strategies For Success

The senior living industry is grappling with a significant staffing gap caused by the caregiver shortage. Currently, there is a shortage of more than 400,000 workers in the sector, a large portion of that is caregivers, and this number is projected to soar to over 20 million workers by 2040.

Bridging The Staffing Gap in Senior Living: Five Innovative Strategies For Success Read More »

5 Reasons to Conduct a Senior Living Competitive Analysis

5 Reasons to Conduct a Senior Living Competitive Analysis

Across the country, senior living facilities have reached record low occupancy rates as they’ve dropped to 78.7 percent in Q1 2021, an 8.7 point decline from a year ago. According to the NIC MAP Vision, this is the fourth consecutive quarterly decline since the pandemic. As more people get vaccinated against COVID-19 and cases and deaths decline, the senior living industry is getting closer to making a comeback.

5 Reasons to Conduct a Senior Living Competitive Analysis Read More »

Portrait of a smling African-American male nursing employee wearing gray scrubs and face mask interacts with a senior aged patient during the Covid-19 pandemic, Midwest, USA

Virtual Visits: Bridging the Gap Between Customers and Senior Living Facilities

If one thing is certain, COVID-19 has a way of negatively impacting our most vulnerable populations. And there is no doubt, the most vulnerable population during the coronavirus pandemic are people over the age of 65. This is not only due to increased age, but also “underlying health conditions such as heart disease, diabetes, or lung disease,” according to the Centers for Disease Control and Prevention (CDC). So, how do we protect our most vulnerable population?

Virtual Visits: Bridging the Gap Between Customers and Senior Living Facilities Read More »