Shortage of workers listed as major concern in senior living report
Eighty-two percent of senior living providers see a shortage of workers as a key concern over the next year, according to a new survey from Lancaster Pollard.
In the firm's 2018 Seniors Housing and Care Survey, almost 400 respondents answered, the majority of which were CEOs, CFOs or owners. More than half were for-profit providers.
Around a third felt there is a poor outlook for stand-alone skilled nursing facilities, with 58% predicting a good outlook for assisted living over the next three years.
Only 46% indicated they were “extremely likely” to pursue a new construction project in 2018, down from 2017. In 2017, 44% said they were planning an assisted living construction project, which dropped to 37% this year.
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