It’s easier than ever before for seniors to live independently at home with the assistance of family, friends, and/or professional caregivers. This phenomenon, “aging in place,” has gotten quite a boost from an ever-evolving array of high-tech devices Senior living communities also need to keep up with top technology trends, especially if they want to draw seniors away from their …
Does It Scale?: Pros and Cons of the Largest Senior Living Companies
It is estimated that by 2050, more than a fifth of the United States population will be over 65 years old. This is a 15.6 % increase than where it stands today! With the ever-growing aging population, investors are looking for the best ways on how to care for the senior community. Different surveys have indicated that there are over …
They Don’t Want to Be a Burden: 5 Reasons Seniors Pick Assisted Living Over Living with Family
Over 800,000 senior Americans decide to live in an assisted living community as opposed to living with family. Moving out of the home and into a retirement facility can be a difficult decision when they are filled with decades of memories. But, after seeing the amenities and activities provided by these communities, seniors view their transition as a way to …
5 Challenges Assisted Living Facilities Face With Dementia and How to Solve them
For those coping with the ever-changing signs of Alzheimer’s and dementia, finding the right assisted living facility can be challenging. If you own an assisted living home, understanding how to cope with memory care patients is essential. With so many challenges, how do you come up with a viable solution? Here are five problems you might face along with helpful …
Senior Blues: 5 Ways to Combat Senior Depression in Assisted Living Homes
In the United States, about 68% of adults aged 65 and older know almost nothing about depression. But approximately 7 million seniors struggle with depression each year. Elderly people who struggle with depression and anxiety should know there’s a solution. Even seniors in assisted living facilities have options in terms of coping strategies. Here are some ways to combat crippling depression in assisted living …
5 New Assisted Living Regulations You Should Be Abiding By in 2019
Senior citizens come to live in assisted living facilities expecting the best care and the opportunity to live with independence and autonomy. There is a fine balance in caring for them while ensuring their independence and following the rules and regulations within the industry. It’s important for assisted living directors to know the laws of their state while managing their communities. …
How Do Opportunity Zones Affect Senior Housing Investments?
Fact: Nearing the end of 2017, $6 trillion dollars of unrealized capital gains in the U.S. had accumulated. The best way to reinvest that money is through senior living investments in Opportunity Zones. It’s about that time: the Baby Boomer generation is ready to settle down and will skyrocket the need for senior housing in the coming years. With this high …
4 Ways Smart Home Technology Solutions are Revolutionizing Senior Living
When you hear the term “smart home technology” you probably think of young, tech-savvy people, right? While it’s true that younger generations are the most likely to be using smart home tech, it has a lot of benefits for senior citizens as well. Forty percent of seniors own cell phones now, which is double the number that did just 5 …
The Increased Risk of Substance Abuse in the Elderly (And What You Can Do)
The entirety of the United States is undergoing an opioid crisis, with addiction rates at an all-time high. But, what most don’t know is that a large portion of this crisis can be attributed to substance abuse in the elderly. This problem is especially pronounced in senior communities. Regardless of the type of senior community that you operate, there is …
4 Ways Changes to Assisted Living Regulations Affect Operators
When you are in the business of assisted living, your decisions affect people at the most important time of their lives. Many states are altering the assisted living regulations. You need to know what may alter your decisions for the future. With the information below, you can better assess where you stand in the coming years. Dealing with Assisted Living …