| Assisted living communities have become increasingly | | | | residents who prefer larger living spaces. Whereas |
| dedicated to innovation and an emphasis on | | | | studios used to be the most common type of |
| hospitality in order to remain competitive during | | | | assisted living apartment, one-bedroom units are now |
| challenging economic times. Understanding the | | | | more preferable and allow residents to keep more of |
| resulting assisted living trends will be helpful to families | | | | their furniture and belongings that make their new |
| that are in the process of exploring the various | | | | apartment feel like home. In addition, many couples |
| options available for aging loved ones. | | | | currently moving into assisted facilities prefer |
| Assisted Living Trend #1: Wellness Programs to | | | | separate bedrooms for improved sleeping. Amenities |
| Enhance & Promote a Healthy Lifestyle | | | | frequently include spacious walk-in closets, 9-foot |
| In 2009, the age of residents moving into assisted | | | | ceilings, balconies and/or patios to accommodate pet |
| facilities nationwide averages 84.6 years. As seniors | | | | owners as well as enhanced kitchenettes with |
| continue to wait longer and longer to leave their | | | | microwaves and small refrigerators. |
| homes and move into senior living communities, the | | | | Assisted Living Trend #3: Increased Flexibility in |
| industry seeks to extend their length of stay by | | | | Financing Assisted Living |
| promoting health and wellness among their residents. | | | | In light of current economic conditions, an increasing |
| Nearly every major competitor has developed a | | | | number of assisted communities are participating in |
| multi-dimensional program to include a variety of | | | | Medicaid. According to a collaborative research |
| exercise classes and/or access to neighborhood | | | | project conducted in 2009 by the Assisted Living |
| fitness clubs, healthy meal options as well as spiritual | | | | Federation of America, nearly half of responding |
| and educational opportunities. Amenities and services | | | | assisted care providers have licensed up to 25% of |
| that reflect this emphasis on wellness include the | | | | their apartments for Medicaid. Other communities |
| availability of on-site massage therapy, exercise | | | | that may not accept Medicaid are partnering with |
| equipment made specifically for seniors, computer | | | | companies that provide financing options such as a |
| training with specialized equipment and large screens | | | | line of credit to facilitate move-ins prior to home |
| as well as flexible hours for dining to accommodate | | | | sales. These types of options are very helpful to |
| medical appointments and activities. The success of | | | | seniors who are reliant on the equity in their homes in |
| such programs improves the general health and | | | | order to afford assisted care. Given the number of |
| well-being of current residents and attracts new | | | | veterans currently moving in to assisted facilities, |
| residents who are increasingly dedicated to | | | | providers are also dedicated to publicizing and |
| maintaining their active lifestyles. | | | | promoting the Veteran's Aid & Attendance |
| Assisted Living Trend #2: Larger Apartments and | | | | program. For more information about eligibility |
| Increased Apartment Amenities | | | | requirements for this program, visit the Veteran Aid |
| Between 2006 and 2009, the number of apartments | | | | website. Finally, it's never been a better time to ask |
| in assisted facilities has decreased from a nationwide | | | | assisted living communities about waiving entrance |
| average of 63 to 54. This statistic reflects a trend in | | | | fees, locking in current rates and receiving assistance |
| combining two apartments in order to accommodate | | | | with moving expenses! |