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 …
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 …
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 …
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 …
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. …
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 …
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 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 …
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 …
Over 55% of the world’s population lives in urban centers. The number is expected to rise by 1.5 times by 2045. What’s more, over 80% of the world’s GDP is generated in these urban centers. Since cities contribute significantly to sustainable growth, it’s important to have a realistic and approachable urban development plan. To be up to date in the …