Consider offshoring some staff By Sarah Thomas CEO MezTal With inflation and staff shortages impacting us all, it’s difficult to find qualified talent to fill our open positions at a rate we can afford to sustain. The average salary increase in the U.S. this year for people who switched jobs was 12.2 percent. This means open positions are not only hard to fill but come with a much bigger salary expectation. Looking at offshoring or near-shoring options is a reality many have sought since inflation is high. Seek optimization By …
By Denis Koval, CEO, Kapella Group The number of Americans age 65 and older will more than double over the next 40 years and is projected to reach 80 million in 2040, according to the College of Health Sciences at University of Michigan-Flint. With this increase in older adults comes a greater need for community and security. There are over 13 million young adults in America today and the vast majority are eager to not only engage in community, but make an impact. Intergenerational communities are on the rise with young adults and …
Improved circulation and purification methods can help prevent viral spread. By Jie Zhao, Delos Labs We now know that SARS-Cov-2 (the virus that causes COVID-19) is primarily spread through the air. There are three main modes of transmission: direct exposure to exhaled droplets and particles in the air; inhalation of fine respiratory droplets and aerosol particles; and touching surfaces where those particles have attached to and then touching your eyes, nose or mouth. While larger respiratory droplets quickly fall onto surfaces, smaller aerosolized particles containing SARS-CoV-2 can remain suspended in …
Careful and thorough planning processes can get a delayed project over the finish line. By John Manning and Eric Quinn, KMI International Senior living construction has seen a significant surge since the turn of the millennium due to people living longer with each passing decade. The Population Reference Bureau (PRB) notes that the baby boomer generation could fuel a 75 percent increase in the number of Americans requiring nursing home care. With that comes the need for more senior living communities. This has provided construction managers and owners with an …
Seniors housing has to meet seniors where they are in their aging journey. By Jake Rothstein, UpsideHōM While the last couple of years have been demanding for us all, the holiday season still proves to be a fun and exciting time. Families reunite around their dining tables; people travel across the country and the world to be with their loved ones; gifts are given and received. It is a time to reflect on the past year but also a time to plan for the upcoming year. At UpsideHōM, we strive …
Operators must streamline, improve hiring and retention processes. By Britt Riese, Oasis It’s no secret that the demand for talent in healthcare is exceptionally high right now and the projected need for workers continues to rise. This historical trend has been amplified by the COVID-19 pandemic. Now that we are almost two years into the pandemic, we are not only trying to keep up with the growing demand of healthcare jobs, we are also competing with increased wages in other industries, safety concerns in healthcare, more flexible work environments and …
Former Emeritus, Brookdale executive grows his own seniors housing owner-operator business in the Southeast. By Jeff Shaw After more than 15 years of working in various management and executive roles at seniors housing pioneer Emeritus Senior Living — and 18 months at Brookdale following the merger of the two behemoth companies — Chris Guay decided it was time for a change. He founded Vitality Senior Living in 2016 in the Nashville suburb of Brentwood, Tennessee. The company launched with two acquisitions in Texas, both offering assisted living and memory care. …
What are your predictions and New Year’s resolutions, personally and professionally, for 2022? The rebound is inbound By Robert Chapin CEO, Co-Chief Investment Officer, Seniors Housing & Medical Properties Bridge Investment Group The for-rent, private-pay seniors housing industry has come through the most challenging period in its history. I predict, as we emerge from the bottom, our product and service offerings in 2022 and beyond are more relevant and valuable than ever before. We will see the market embrace our product through a more positive lens for the best care, …
By Phillip Joseph and Gabriel Coelho, Ball Janik Tragedies often guide reform and progress. After the Champlain South Tower condominium in Surfside, Florida, collapsed, attention has focused on preventing similar future tragedies. There is a renewed focus on ongoing oversight, construction and inspection of residential towers throughout Florida, especially for vulnerable members of society. Recertification requirements Let’s begin with a brief introduction to the recertification requirements discussed in the aftermath of the Champlain South collapse. Surprisingly, recertification is not a state requirement, but a Miami-Dade County creation enacted in 1974. …
By Meagan Rohan, Vice President of Sales, Caremerge The senior living industry is dealing with a severe staffing problem. According to a survey by the American Health Care Association (AHCA) released in September 2021, only four percent of assisted living communities are fully staffed. These shortages aren’t just impacting the day-to-day operations of these communities, but the viability of their businesses. The AHCA survey also found that over 60 percent of nursing homes and assisted living communities are concerned staffing shortages will force them to close. I’ve spent my career …