News

Season 5, Episode 5: Business Succession with Sarah Harstad

In December, researcher Sarah Harstad Ph.D, released a report titled “Rural Minnesota Business Succession and Sale: Barriers and Opportunities“. On this episode, Director Research, Marnie Werner, dives deep into the research with Sarah discussing her findings.

Passing the torch: Business succession planning in rural Minnesota

On December 11, 2024, researcher Sarah Harstad Ph.D, presented her research exploring some of the unique barriers and opportunities for business succession planning in rural Minnesota. Her presentation was followed by a panel discussion with experts in the field; Jon Keimig, Executive Director, University of St. Thomas Family Business Center Michael Darger, Extension Specialist, University ...

Rural Minnesota Business Succession and Sale: Barriers and Opportunities

December 2024 By Sarah Harstad, Ph.D. The future is here Minnesota is facing a threat to the economic and social life of rural areas. According to data from the U.S. Census, 53% of Minnesota business owners are over age 55.[1] The state boasts over 525,000 businesses,[2] but due to this “silver tsunami” that has already ...

Nursing home license type and facility closure

November 2024 By: Kelly Asche, Senior Researcher After the release of our report exploring the declines in nursing facility beds, we received a question wondering if there was any relationship between facilities that closed and the type of license (nonprofit vs. for-profit) they were under. So let’s explore that question. Between 2005 and 2024, there ...

Interconnected: The Future of Nursing Homes & Elder Care Across Minnesota

Download the slide show presentation here. Nearly 17% of Minnesota residents are now over age 65, a significant increase since the year 2000. Further, as older members of the Baby Boomer generation age into their late 70s, the demand for skilled nursing beds will likely increase – yet Minnesota has lost 33% of its skilled ...

Capacity of Nursing Facilities that Close

November 2024 By Kelly Asche, Senior Researcher Our new report, “The declining capacity of nursing facilities care in rural Minnesota,” documents the shrinking number of nursing facility beds across rural Minnesota. In the report we raise concerns about the vulnerability of rural facilities and the frequency at which they close. In this post, I want ...

The declining capacity of nursing facility care in rural Minnesota

Demand for nursing facility beds is growing while the supply is shrinking November 2024 By Kelly Asche, Senior Researcher Click here for a printable version of this report. All of us are guilty, at one point or another, of taking our health for granted. We lean into the belief that we will always be able ...