What's the trend entering 2024?
For many, it will be the continuation of technological innovations and upgrades to grow their respective industries. However, which industries are benefiting? On the whole, senior living operators are continuing to spend on technology and plan to further do so this year. The large majority of respondents to this survey plan to increase their tech budgets significantly in 2024.
While investing time and money into the increase in technology, the introduction of the Research & Development (R&D) tax credit may become essential to companies developing and creating new or updated technology for senior living operators.