Long term care facilities, such as nursing homes and assisted living facilities, are facing a range of issues. Many of which need to be tackled before the next wave of Baby Boomers come knocking. Most of these difficulties are financial, but some are simply implementing updated protocols.

Staffing shortages

Long term care facilities are struggling to attract and retain qualified staff, including nurses, nursing aides, and other healthcare professionals. This has been exacerbated by the COVID-19 pandemic, which has led to increased demand for healthcare workers and increased stress and burnout among existing staff.

These facilities could work to attract and retain qualified staff by offering competitive salaries and benefits, as well as providing opportunities for professional development and advancement.

Staffing shortages have been bad everywhere, but especially in care facilities where seniors are vulnerable and depend on their care.

Infection control

The COVID-19 pandemic has highlighted the importance of infection control measures in Long term care facilities. Many facilities have struggled to contain outbreaks of COVID-19, and there have been widespread reports of inadequate personal protective equipment (PPE) and infection control protocols.

Facilities can implement comprehensive infection control protocols, provide adequate PPE to staff, and ensure that residents are isolated when necessary to prevent the spread of infectious diseases.

Resident care

Long term care facilities are responsible for providing high-quality care to their residents, including medical care, social support, and emotional support. However, many facilities struggle to provide adequate care due to staffing shortages, inadequate training, and limited resources.

Facilities can prioritize resident care by ensuring that staff are adequately trained and equipped to meet the needs of residents, providing opportunities for socialization and recreation, and offering access to mental health services.

"These solutions require a collaborative effort between Long term care facilities, healthcare providers, policymakers, and other stakeholders."

Regulatory compliance

Elderly residential facilities are subject to a range of federal and state regulations, and non-compliance can result in fines and other penalties. However, many facilities struggle to keep up with changing regulations and to implement the necessary policies and procedures.

Facilities can stay up-to-date on changing regulations by regularly reviewing and updating their policies and procedures, and by seeking out training and education opportunities for staff.

Financial sustainability

Many facilities are struggling to maintain financial viability, and some have been forced to close their doors. These financial challenges include rising costs, reimbursement cuts, and increasing competition.

Facilities can explore new revenue streams, such as offering specialized care services or partnering with other healthcare providers, and work to reduce costs by implementing more efficient systems and processes. It is important to note that these solutions require a collaborative effort between Long term care facilities, healthcare providers, policymakers, and other stakeholders.

It is imperative that these issues are resolved as the next wave of Baby Boomers begin to enter these facilities.

Are you and your loved ones prepared for the rising costs of long term care facilities? Have you considered long term care insurance? Get started today. You can watch a webinar, find out if you health qualify, or request a quote. Get answers to your retirement questions and gain peace of mind. Our team of specialists know the industry inside and out and will guide you every step of the way.