Bed check

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For the second year in a row, skilled nursing facility bed prices hit a new record. The average of $55,200 was 6% higher than the year before and 75% more than the notable low of 2003, according to analysis results from research firm Irving Levin Associates. The average sales price for assisted living units also hit a new high $159,100 in 2007, 20% higher than the year before. Independent living unit prices also rose 20% in 2007, to $174,500 per unit, another record.


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