Senior Living Operators Plan to Up Tech Budgets With Focus on Health Care, Staffing

Senior living operators are increasingly prioritizing technology investments in response to the impact of health care payments and the need to better engage staff. According to a recent survey published by Senior Housing News in partnership with CarePredict, operators plan to increase tech budgets in 2024, with a focus on data collection and analysis related to health care payments. Additionally, many operators anticipate partnering with health care providers and exploring new technologies such as artificial intelligence to address staffing challenges and improve resident satisfaction. This shift reflects a growing focus on providing health care services and finding new revenue streams within the industry.