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Facts About Assisted Living

Facts About Assisted Living

Currently, assisted living is a $25 billion dollar industry and continues to grow very rapidly. According to the Assisted Living Federation of America, the main factors contributing to the growth of the industry include:


The American population is aging very rapidly. There is a dramatic increase in the number of people 85 or older.

According to the U.S. Bureau of Census, about 6.5 million older people need assistance with daily living activities. That number is expected to double by the year 2020.

More and more older people tend to live alone. Women continue to outlive men, and the likelihood that either men or women will live alone increases with age.

Women's roles have changed in the past few decades. Traditionally they have been the primary caregivers of the elderly. Now, however, more than 50% of all women are employed.

The net worth of older people has increased and they have incomes sufficient to afford an Assisted Living facility.

Managed care and integrated healthcare systems have dramatically changed over the last few years. Assisted Living facilities are a less costly alternative to nursing homes or home health care.

The Assisted Living Industry


80% of the assisted living residents are women. Their median age is 84, compared to 82 for men.

The median annual income of residents is $25,000 with median assets of $100,000.

Most residents learn about assisted living from a family member or friend.

27% of the residents have family members that live within 5-10 miles of the facility.

40% of the residents have cognitive impairments, 33% use a wheelchair, 20% suffer from incontinence, 75% need medicine, 60% need help bathing, 25% need help with toileting and 5% with eating.

Costs for Assisted Living vary but are generally less than home health services and nursing home care. Assisted Living is private pay.

Regulations and licensing requirements vary from state to state. Most providers and their staff are specially trained as a result of either state requirements or company policy.

 

We will be pleased to accept your collect call if you are calling for information about admissions.

Telephone
(330) 758-8106
FAX
(330) 758-7030
Postal address
830 Boardman Canfield Rd.
        Boardman, Ohio 44512
       
Admission Coordinator: Pat Ivany (330) 758-8106
       
Electronic mail
General Information:
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        BOARDMAN MEDICAL SUPPLY   http://boardmanmedicalsupply.com
SAFETY FIRST SLEEP SOLUTIONS   http://safetyfirstsleepsolutions.com
Last modified: 05/19/10