Senior Housing News July 25, 2024
Senior living nonprofits have adjusted their technology spending priorities in the last year, with fewer dollars allocated to community infrastructure in 2024, for example.
That’s according to the latest Ziegler CFO Hotline report on technology spending, which is released every two years with input from LeadingAge’s Center for Aging Services Technologies (CAST).
Among the survey’s takeaways is that senior living organizations are making fewer investments in communication infrastructure, such as high speed internet connectivity. In 2024, 58% of the more than 100 respondents said infrastructure for technology was among their top five investments, down from 74% in 2022.
Part of the reason infrastructure has seen declining investments appears to be a lack of returns on the investment.
“I am beginning...
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