Senior Housing News November 11, 2021
Consumers shopping online are encountering “out of stock” messages far more frequently, automakers and retailers are curtailing holiday advertising due to product shortages, and headlines warn of a Thanksgiving without turkeys.
Snarled and disrupted global supply chains are a major factor behind all these issues, and senior living providers are feeling the effects of these problems as well.
“I think across all providers, especially on the food front, the major players in the industry are struggling with delivering what we need on a real-time basis,” Brandon Ribar, COO of Sonida Senior Living (formerly Capital Senior Living), told Senior Housing News.
The issues are leading to expense pressures even as providers already are facing margin erosion due to elevated labor, insurance...
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