Senior Housing News October 9, 2024
By: merritt k
It’s no secret that memory care and senior living operators are preparing for a big influx of new residents. With regard to demand ahead, “the sky’s the limit,” Sonida Senior Living (NYSE: SNDA) CEO Brandon Ribar told Memory Care Business earlier this year.
But operators’ growth plans hinge on how well they can staff their communities and care for residents. That is why, as operators plan to grow and evolve in the future, workforce issues are still top of mind for most.
According to Census data, the U.S. population aged 65 and over grew at a rate almost five times faster than that of the general population from 1920 to 2020. Moving into 2025 and beyond, this...
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