Demand soars for assisted living, news report finds

Share this article:

Consumers are clambering to get into assisted living facilities, a news report finds.

Wait lists are becoming increasingly common, and that has driven up the price, according to the Wall Street Journal. Occupancy at the 36,000 facilities is about 95%, and the average annual cost for such facilities – without healthcare expenses – reached about $35,000 in 2005, a 33% increase from 2002, a recent survey by MetLife found.

Shopping for an assisted living facility is tough because of differences in state regulations regarding Medicaid coverage, and differences in options packages, the Journal said.
Share this article:

More in News

Also in the news for Oct. 24, 2014 . . .

CMS launches $840 million initiative to encourage clinician collaboration ... Americans distrust medical professionals, Harvard researchers find ... Future uncertain for NYC nursing home dedicated to AIDS care

A small team of workers responds best in emergencies, expert says

A small team of workers responds best in ...

Long-term care providers should consider a "flat" crisis management approach that relies on a core group of staff members, experts advised Wednesday at the LeadingAge annual conference.

Nursing homes have better pain and catheter management if leaders have more ...

Nursing homes led by administrators and directors of nursing with higher levels of education and certification have better outcomes on some key quality measures, according to recently published findings.