In a new survey, 52% of assisted living providers say their workforce circumstances are worse than they were in January; and 48% worry that they may have to close their communities if workforce challenges continue.
Among other findings from the survey:
- Providers say their operational costs have increased 40% from this time last year; and more than a third say they’re operating at a loss.
- 35% of providers say they can’t sustain their current operations for more than a year.
- 30% say they are limited new move-ins or closing their communities because of operations and staffing challenges.
- 87% of respondents say they’re having a somewhat or very difficult time hiring new staff members, with about half of providers saying they’re turning to temp agencies to fill shifts.
- The vast majority of participants (98%) say they have asked existing staff to work overtime or extra shifts to make up for staffing shortages.
- 67% of providers say lack of interest and/or lack of qualified candidates are an “extremely big” challenge.
- 71% of respondents describe the inability to offer competitive wages as an extremely or moderately big challenge.
