Senior Housing News January 2, 2025
If you ask Experience Senior Living CEO Phill Barklow, the senior living industry has an opportunity to kick growth into higher gear in 2025.
But industry’s goal to “thrive in 2025” is contrasted with many operating challenges operators face in their plans for new growth. In working to narrow the supply-demand gap as development remains scarce, operators face many challenges to operations including continuing workforce headwinds on hiring licensed care staff, retaining quality workers and battling turnover.
“Whoever wins the talent war of 2025 will be positioned uniquely to take the industry where it needs to be in the next decade and beyond,” Barklow told Senior Housing News.
Senior Housing News reached out to a number of senior living executives...