Gerald Stoll

2 weeks ago | mcknightsseniorliving.com | Gerald Stoll |Lois Bowers

The healthcare labor shortage is now endemic, with no aspect of the business immune. But it’s being most acutely felt in the senior care sector, due to a confluence of forces, some more manageable than others. Working in healthcare generally is tough. It’s a complex challenge to combine science, empathy and ethics in a way that positively influences individual lives and communities. As a further complication, the business is heavily regulated and scrutinized, whether at the state or federal level.

2 months ago | mcknightsseniorliving.com | Gerald Stoll |Lois Bowers

The senior living sector’s gradual rebound from the pandemic’s disruptions will continue to gain momentum this year. The relentless labor shortage, combined with vise on profits of inflationary costs and revenue shortfalls, will keep operators pressured in the coming months. Still, positive trends are underway to buoy the industry. That makes for much to anticipate after the upheavals of the early 2020s. Financially, senior living organizations are not yet out of the woods.