By Matthew McMurtrey: In the age of the COVID-19 pandemic, demand for small-house senior living operations may increase. According to a recent Harris Poll survey, over one-third of urban dwellers have stated that the COVID-19 …
Important Year End Deadline for Opportunity Zones
By: Amanda Wilson Opportunity zones provide a powerful tool for taxpayers to defer recognizing their capital gains if they roll over their investment into a qualified opportunity zone fund, and offer investors the potential of …
Hurricane Season is Here – Is Your Facility Ready?
Senior Housing News recently published an interesting article (https://seniorhousingnews.com/2019/07/30/5-months-no-electricity-what-insignia-senior-living-learned-from-its-hurricane-ordeal/) discussing lessons learned by Insignia Senior Living from when Hurricane Maria hit Puerto Rico two years ago – and left their facility with no electricity for …
How Will Medicare Rule Changes Affect Senior Housing Communities?
By John Ruffier Since the 1970s, Medicare beneficiaries have had the ability to receive Medicare benefits through private health plans (mainly Health Maintenance Organizations) as an alternative to the traditional Medicare program administered by the …
Wellness initiatives
Wellness initiatives continue to be a larger part of workplace and living environments. This is also true in the senior living environment. There are many excellent programs and ideas meant to increase the wellness of …
Insurance Costs Expected to Rise for Senior Living Facilities
Senior Housing News, always a favorite information source for the Lowndes Senior Housing Practice Group, has a great new article regarding rising liability risk and liability insurance costs affecting senior housing communities – which includes …
The Employment Challenge in a Rising Wage Economy
Senior Housing News recently ran an article/editorial discussing the impact that wage pressure is having on the ability of Senior Living Communities to hire and retain staff without blowing the P&L. In Central Florida, where …
More Frequent Paydays Could Mean More Reliable Employees
A Florida fast food franchisee recently experimented with a pilot program which allowed employees to receive one-half of their pay for a shift the next day via a debit card (without any fees or other …
Don’t Despair! Senior Housing Services Demand Will Continue to Grow.
Although the competition between facilities for residents and employees creates a headwind for the industry, it is important not to lose sight of the simple fact that time and demographics are on the side of …
Demand for Employees Expected to Continue to Grow
It’s no secret that finding and keeping good employees is one of the keys to the success of any senior living facility. Owners and operators are having to become more and more creative in offering …
