Alexandria, VA – The second Senior Living Diversity, Equity, Inclusion and Belonging (DEIB) Survey results have been released. This survey, conducted by Ferguson Partners and sponsored by the Senior Living DEIB Coalition, provides important benchmarking information for senior living firms looking to establish or improve their DEIB programs.
The Senior Living DEIB Coalition is a partnership among Argentum, American Seniors Housing Association (ASHA), and the National Investment Center for Seniors Housing & Care (NIC). This coalition is committed to promoting diversity, equity, inclusion, and belonging within the seniors housing industry. The second survey aims to continue to track the industry’s progress in addressing DEIB initiatives.
According to the survey results, there has been a significant increase in the number of senior living firms implementing DEIB programs since the first survey was conducted. This year, survey participation increased 36%, from 44 to 60 companies, indicating that more owners and operators are “leaning in” and looking to implement DEIB initiatives to meet their organization’s strategic goals.
“Although there is still more work ahead, it is important to acknowledge and appreciate the progress that has been made so far,” commented James Balda, President and CEO, Argentum. “It is exciting to note that this year’s survey showed an increase in the percentage of companies with formal DEIB programs, from 27% to 40% which indicates a growing recognition within the industry of the importance and positive impact of promoting diversity, equity, inclusion, and belonging among employees and residents. A formal DEIB program is an important step to foster a culture of diversity, equity, inclusion, and belonging which also bolsters employee engagement.”
“The survey results also give us a market overview of how the senior living industry is addressing DEIB in 2023,” said David Schless, President & CEO of the American Senior Housing Association. “The data collected provides valuable insights into current industry trends, best practices, and areas of improvement for those looking to further their DEIB efforts.”
“Senior living is about creating communities where everyone feels welcome and valued,” says Ray Braun, President and CEO of the National Investment Center for Seniors Housing & Care. “The results of this survey provide us with a roadmap for furthering our DEIB initiatives and creating an industry that is truly inclusive for all.”
Survey Results
The executive summary provides a snapshot on the current state of DEIB within the industry. Administered by Ferguson Partners, the survey uncovers several practices being implemented by senior living organizations and the percentage of organizations executing on specific DEIB initiatives. It also provides demographic breakdowns related to gender, race, orientations, and other diversity measures. To access the full survey results, visit https://info.argentum.org/deib-survey-executive-summary
For more information, contact each organizations’ representatives:
Argentum: Stephanie Robert, VP of Content and Marketing at [email protected] or 571-527-2624
ASHA: David Schless, President & CEO at [email protected] or 202-885-5560
NIC: Sarah Schmidt at McCabe Message Partners at [email protected] or 202-868-4829
About Argentum:
Argentum is the leading national association exclusively dedicated to supporting companies operating professionally managed, resident-centered senior living communities and the older adults and families they serve. Since 1990, Argentum has advocated for choice, independence, dignity, and quality of life for all older adults.
Argentum member companies operate senior living communities offering assisted living, independent living, continuing care, and memory care services. Along with its state partners, Argentum’s membership represents approximately 75 percent of the senior living industry—an industry with a national economic impact of nearly a quarter of a trillion dollars and responsible for providing over 1.6 million jobs. For more information, visit www.argentum.org.
About the American Seniors Housing Association (ASHA):
Based in Washington, DC, the American Seniors Housing Association (ASHA) represents approximately 500 organizations involved in the financing, development, and operation of the full spectrum of housing and services for older adults – including active adult, independent living, assisted living, memory care, and continuing care (or life plan) communities. ASHA’s members, both for-profit and not-for-profit, collectively own and/or operate approximately 750,000 senior living units across the United States. ASHA is focused on legislative and regulatory advocacy, and the organization supports research and national initiatives that advance high quality services for older adults so they can live with dignity in the setting of their choice.
About the National Investment Center for Seniors Housing & Care (NIC):
The National Investment Center for Seniors Housing & Care (NIC), a 501(c)(3) organization, works to enable access and choice by providing data, analytics, and connections that bring together investors and providers. NIC delivers the most trusted, objective, and timely insights and implications derived from its analytics, which benefit from NIC’s affiliation with NIC MAP Vision, the leading provider of comprehensive market data for senior housing and skilled nursing properties.
