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Magazine Article

Meet the 2018 Largest Providers in Senior Living

October 15, 2018

The 2018 list of the largest providers in senior living reveals few changes from 2017. Brookdale, at three times the size of the No. 2 company on the list, continues to hold the top spot. In fact, the same five companies remain in the top five. However, this year’s list captures several players not included…

Magazine Article

Survey: Workforce Issues Remain Top Concern Among Executives and Decision Makers

October 12, 2018

In August 2018, Argentum surveyed senior living executives, including executive directors and other decision makers, regarding current business conditions in the industry and their outlook for 2019. A total of 112 survey responses were received, and overall, respondents cited that workforce challenges will continue to be troublesome for the industry. Staffing remains significant challenge According…

Magazine Article

Closing the Tech Infrastructure Gap at Senior Living Communities

October 11, 2018

Too often, older adults are regarded as unwilling to embrace the myriad advances that technology has brought to the modern-day experience. Gary Patrick, CEO of Hotel Internet Services, a provider of secure wired and wireless internet services for senior living communities, among other properties, said outdated stereotypes of seniors struggling to surf the internet should…

Magazine Article

What Is the Cost of Workforce Turnover?

October 11, 2018

An organization is only as strong as its workforce, but the only way that a senior living community can have a strong workforce is by addressing its turnover of employees. It’s no secret that turnover in the industry is extremely high—with studies estimating that senior living communities can experience anywhere from 10 to 100 percent…

Magazine Article

Identifying the Most Critical Projects for Capital Planning

October 11, 2018

Located just outside of Miami, Vi at Aventura includes a mix of individual apartments for assisted living and memory care. After 15 years, it was starting to show its age. “It was still in good shape, but when carpeting hasn’t been replaced for a number of years, you start getting wear patterns. Couches and chairs…

Press Release

Building an Engaged Senior Living Workforce Leads to Significant Cost Savings

October 10, 2018

Alexandria, Va. – There is a strong correlation between employee engagement, retention, and positive business outcomes, according to a whitepaper released today by Argentum, a national association of senior living providers, and consultancy Great Place to Work. The analysis finds that a typical senior living operator with 1,500 employees and 20 communities could potentially save…

Press Release

Argentum Congratulates Senior Care Companies That Foster a Great Place to Work

September 27, 2018

Magazine Article

10 Amenities Adult Children Seek in a Senior Living Community

August 28, 2018

For two years, Karen Neetz knew it was time for her mother, who is now 90, to move to a senior living community, but she struggled to find one that was a good fit. She started with a list of 22, then narrowed it down to 10. She toured communities, tracked them on a large…

Press Release

Share Your Company Data for Argentum’s Annual Largest Providers List

June 18, 2018

News

LifeSpan Network Applauds Rate Increase for Maryland Medicaid Long-Term Services and Supports Providers

May 23, 2018

Columbia, Md. —  LifeSpan Network applauds Gov. Hogan for his approval of a 3 percent—or $20.2 million—rate increase for long-term services and supports (LTSS) providers as part of the state’s fiscal year 2019 budget. “This rate increase demonstrates the level of commitment that both the governor and the legislature have for the more than 42,000 individuals…

Press Release

Argentum Workforce Metrics Initiative Expands Following Significant Industry Contributions

May 15, 2018

(Alexandria, Va.)—Today Argentum announced a standardized approach to measuring turnover and retention. The announcement was made during the 2018 Argentum Senior Living Executive Conference in San Diego, Calif. by Brent Weil, Argentum vice president of workforce development, and Mark Woodka, OnShift CEO. This standardization serves as one of the key successes of a pilot program…

Press Release

Argentum Launches Senior Living Works Initiative at Annual Conference

May 15, 2018

(Alexandria, Va.)—Today at the 2018 Argentum Senior Living Executive Conference in San Diego, Calif., Argentum introduced a new initiative aimed at solving the recruitment and retention challenges facing the industry. The initiative, Senior Living Works, provides a path for senior living leaders to grow the pipeline of workers and connect to educators nationwide, with a…

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