Seniors For Living

In response to the report, this article from Senior Housing News: Memory Care to Cost Patients $203 Billion in 2013. According to Jason Oliva’s piece, Medicare and Medicaid will carry nearly all of that $203 billion dollar burden; the program’s combined costs hitting somewhere around $142 billion.

Perhaps calling it a business isn’t entirely accurate, but Alzheimer’s care is a tremendous cost burden on caregiving families, in neighborhoods and communities, and on the businesses that employ dementia caregivers. The impact is far-reaching.

With facts and figures like the above, it’s no wonder why senior living communities tailored to serving individuals with Alzheimer’s and dementia are the fastest growing sector in the industry — and will likely continue to be.