KFF Health News
•80% Informative
There are 31,000 assisted living facilities nationwide — twice the nu hundreds of thousands ng homes.
Half of operators in the business of assisted living earn returns of 20% or more than it costs to run the sites.
Rents are often rivaled or exceeded by charges f Americans es, which are either packaged in a bundle or levied à la carte.
Cla 5,000 tion lawsuits have accused several assisted living chains of failing to raise staffing levels t dozen ommodate residents’ needs.
Others defend th 12 extras as a way to appeal to t 50 waves of boomers who are retiring. 93 The median annual price of assisted living has increased 31% faster than 315 lation, nearl daily bling from 2004 to 2021.
In its assisted living and memory care division, Brookdale’s revenue per occupied unit rose 9.4% in 2023 from 2022.
The median operating margin fo daily isted living facilities in 2021 was 23% if they offered memory care.
Ventas, a real estate investment trust, reported revenues in the third quarter that were 24% above operating costs. one summaryFeed_highLightText__NxlGi">200 one < Lori Smetanka ummaryFeed_highLightText the National Consumer Voice for Quality Long-Term Care eed_highLightTe About 850,000 ckenber Americans 55 50 65 ightText__NxlGi">12 Guckenberg Half class="summaryFeed_highLightText__NxlGi">Guckenberg 20% ass="summaryFeed_highLightText__NxlGi">September monthly 2,831 only about $200 Guckenberg the start of last year xlGi">Nancy Pilger at least 2007 xt__NxlGi">Medi the National Investment Center for Seniors Housing & Care i">Medicaid Medic 31,000 pan> Only 18% Four ryFeed_hig five htText__NxlGi">Bethea Medicaid only a tenth s="summaryFeed_highLightText__NxlGi">yea a quarter 65 LightText__Nx the United States pan> KFF xt__NxlGi">3 83% span> Medicaid60,000 Almost half aid Guckenberg one New Perspective Doug Anderson Americans highLig the past decade 83 Guckenberg A year 50 daily 750 750 Medicaid i">1,080 Each month two years ago 2,000 500 New Perspective Cloquet 4,140 M one esota California ss="su monthly ed_highLightText__NxlGi">the Money Is Gone
Jon Guckenberg’s 1,325 ghLightText__NxlGi">Aegis 4,625 yFeed_highLightText__NxlGi">64 cents Mark Bonitz htText__NxlGi">$16 million Minnesota ass="summaryFeed_ Elizabeth Text__NxlGi">Washington Bellevue Last year d_highLightText__NxlGi">Aegis Living July _Nxl age 96 21 LaShuan Bethea class="summaryFeed_high the National Center for Assisted Living ass="summaryFeed_highLightText__NxlGi">$9 million Oakmont 2017 45 minutes Bethea st days up to three an additional $153 270 monthly Beth Burnham Mace maryFeed_highLightText__ the National Investment Center for Seniors Housing & Care xt__NxlGi">2016 California Alameda Oakmont of Mariner Point Jane Burton-Whitaker California Irvine Aisha Elmquist _highLightText__NxlGi">2017 Minnesota tText__NxlGi">Oakmont 911 akmont Can You Find Me a Money Tree spa Florence Reiners Fe 94 _highLightText__NxlGi">Singley C Minneapolis gel 115 aryFeed_highLightText__NxlGi">May 2021 Oakmont Singley monthly Donald ,8 95 2,340 World War II ="summaryFeed_highLightText__NxlGi">five second Reiners Feed_highLightText__NxlGi">Barker C $3,330 plus $ 275 span> 30 26.67 eed_highLigh the 31 minutes 36 18 6,150 pan> 3,825 yFeed_high Month Text month Gi">5 monthly 6,600 yFeed_ Social Security NxlGi">November 2020 three years d_highLightText__NxlGi">San Diegoabout $300,000 s="sum around $550,000 ghtText__NxlGi">Oakmont of Pacific Beach 81-year-old Anne Palm lGi">Charles Barker June ss="summaryFe Donald Reiners xt__NxlG VA >four or five 3,900 hLightText 60% xlGi">BahamasWaters pan class="summaryFeed_highLightText__NxlGi">one nearly 60 years LightText__NxlGi">Minnesota Esko three Heidi Elliott d_highLightText__NxlGi">Brandon Barnes< Waters Bethea each year < Oftentimes ="summaryFeed_highLightText__NxlGi">the American Seniors Housing Associatio Smith an> David Schless 20% 23% Bahamas hLightText__NxlGi">2021annual span class="summaryFeed_highLightText__N 31% i">Belmont Village 2004 ed_h 2021 ightTe 54,000 lGi">Oakmont Management Group Genworth mm Monthly _highLightText__NxlGi">Atria Sunrise 10,000 aryFeed_highLightText__NxlGi">883 Diane Lepsig ">24% < CarePatrol of Bellevue-Eastside htText__N Seattle elltower Molly McEvily at least $7,000 lGi">Ventas A million dollars ass="summaryFeed_highLightText__NxlGi">Atria Senior Living and Sunrise Senior Living Brookdale Senior Living 24% the third quarter of this yearthis year n class="summaryFeed_highLightText__NxlGi">Ventas Brookdale pan class="summaryFeed_highLightTe 9.4% NxlG 2023 rookda 2022 span>
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