Senior Housing News January 3, 2023
Senior living is at an important crossroads at the dawn of 2023.
The new year will surely bring new and important opportunities for operators to grow beyond pre-pandemic results. But elevated expenses and staffing are fixed challenges that are not going away with the new year.
To LCS CEO Joel Nelson, 2023 is a time for the industry to up its game in light of the new challenges and opportunities.
“Interestingly, 2023 likely presents greater uncertainty for our industry than 2022,” Nelson said. “There are some real tailwinds behind us as we approach the next series of challenges this next year.”
For operators already growing and gaining ground, 2023 is likely to be a year of building on that success...
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