Senior Housing News April 26, 2024
Rising resident acuity is impacting senior living margins, and in response operators are getting creative to make bottom line improvements even as challenges remain.
In recent years, especially with the pandemic, operators have said residents are arriving in senior living communities with more care needs than in the past. That phenomenon is shaping the future of the senior living industry and changing the pace of the senior living sales cycle, putting pressure on operators’ bottom lines.
“There’s a married relationship between acuity and margin,” Eskaton CEO Sheri Peifer told SHN.
Faced with compressed margins, Eskaton and other operators, including Senior Lifestyle, Integral Senior Living, Cogir, Pegasus Senior Living, Distinctive Living, Northbridge Cos. and Presbyterian Homes & Services, are taking various...
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