How can caregiving be more responsive—more human--using technology? Innovative senior living organizations and leaders are discovering how technology can improve the care experience for residents, families, and staff.
Topics: assisted living, activities of daily living, senior living, long-term care, senior care, care staff, ADLs, healthcare technology, predictive care, CarePredict, integrated fitness systems, wearables, machine-learning, resident safety
Staff retention is a chronic problem for senior living communities and their management. The average turnover rate for all employees is nearly 35% per year, according to Hospital & Healthcare Compensation Service’s 2016 survey of over 1,300 assisted living communities.
Executives in senior housing are well aware of the problem of resident turnover. With a current occupancy rate of 86.5 percent, a 21- to 29-month average length of stay in assisted living, and a median annual resident turnover of 46.8 percent, senior living communities have increasingly focused on marketing and successful move-ins.
The senior housing market is more competitive than ever. CBRE National Senior Housing has estimated that there are over 22,000 senior housing and nursing care communities. Yet, assisted living occupancy rates continue to fall despite our growing 65+ population.