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I think we can all agree that it is a struggle to operate a profitable facility in today’s assisted living climate. As administrators and clinicians in this growing segment of the senior industry, you are forced to scrutinize every expenditure to the penny. Not quite the picture you painted in your mind as you entered this arena is it? |
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A Profile of Older Americans |
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The older population will continue to grow significantly in the future (see Figure). This growth slowed somewhat during the 1990’s because of the relatively small number of babies born during the Great Depression of the 1930’s. |
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If someone came into your facility and politely asked if they could have 5% of your hard-earned profit, would you say yes? No, I didn’t think so. In fact most answers would feature some colorful adjectives. |
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Identifing Key Referral Sources |
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Often when a resident of an Assisted Living Facility has been hospitalized, the physician will discharge him or her to the care of a Skilled Nursing Facility. Yet many frail seniors can be cared for in assisted living, where they experience a much higher degree of independence, privacy, and autonomy. The types of individuals who are well-suited for assisted living are often misunderstood by members of the health care community. It becomes all too important, therefore, to get the word out about the services you provide.
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Assisted Living Facilities will be facing a flood of elderly (and not so elderly) patients as the “baby boomers” (people born 1946-1964) become seniors. These boomers are the largest segment of the population, and their rate of Diabetes is the highest recorded of any generation before them. In addition, the entire American population is experiencing a similar increase in the rate of Diabetes. |
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