CHUG

View Original

Weekly Updates & Resources from CHUG

SENIOR LIVING TRENDS AND CHALLENGES TO KEEP A PULSE ON IN 2023

Forecasts are showing some improvement for the senior living sector, but we’re not quite out of the woods yet. There is still work to be done on the staffing front and to combat the increase in operational expenses.

“Occupancies are slowly increasing, and operators have achieved rent increases, but many communities are still dealing with less-than-optimum census. The good news is that the demographics are in our favor, and there continues to be future demand.”

CHUG provides long-term care facilities with expert coordination of evacuation, transportation, relocation and shelter-in-place services. We also offer our expertise with response and restoration services, including fire and water damage, mold remediation, infectious disease clean-up and catastrophic loss.
Become a member today >