Top 5 Factors Affecting Senior Living Communities
Prophix
Oct 3, 2022, 7:25:00 AM
Over the past few years, the senior living industry has faced momentous change. With rising costs, a limited labor supply, and weak guidance on future best practices, many senior living leaders struggle to determine their next steps.
Let’s look at five of the most prominent factors affecting senior living providers, along with tips and strategies to mitigate their impact on profits and cash flow.