2 of 3 Senior Living Residents Say Providers are Delivering Value as Rates Surge (Senior Housing News)

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Even as senior housing providers increase rates due to rising expenses, operators have yet to face widespread pushback from residents, most of whom continue to believe that they are receiving a good value for the amount they are paying.

That’s according to survey findings shared with Senior Housing News by Activated Insights, the organization that is behind the data gathering and analysis for the annual Best Workplaces in Aging Services list that appears in Fortune magazine. Activated Insights surveyed nearly 500,000 assisted living and independent living residents and residents’ relatives between October 2021 and January 2022 for a snapshot of the senior housing climate.

One key finding: Forty-seven percent of assisted living (AL) residents and 46% of independent living (IL) residents surveyed said they “agreed” that they are satisfied with the value they are receiving for what they pay, while 16% of assisted living and 19% of independent living residents “strongly agreed.”

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