Senior living trends and challenges in 2023 and beyond

There are several developments in 2023 that are keeping senior living executives up late, including declining census numbers, staffing shortages, increasing labor costs, and evolving consumer demands. Whether it’s refocusing on low-performing service lines, expanding into new markets, deciphering reimbursement opportunities, repositioning services, in addition to meeting resident expectations, it is critical to understand how leaders can best navigate their organization through a critical undertaking or change.   

Listen to Baker Tilly’s informative, on-demand webinar to learn about the multiple headwinds facing the industry. In addition to discussing some of the major changes affecting senior living organizations, our team talks about how industry leaders can evaluate their readiness for organizational change, including changes to clinical and back-office operations, reevaluating their portfolio of services, optimizing reimbursement opportunities, sponsorship transitions and transactions, and more.