As baby boomers reach their golden years, long-term care and assisted living facilities are more important than ever. According to the National Center for Health Statistics, Americans pay between $210 and $306 billion annually for long-term care services. This includes options such as adult day services centers, assisted living communities, home health agencies, and nursing homes. The number of seniors 65 and older is expected to grow to 70 million by 2030. As modern healthcare and wellness programs help to extend life expectancy, more businesses are needed to provide medical care services to the aging population. Entrepreneurs who want to make a difference in the lives of seniors can benefit personally and professionally by finding an established assisted living facility that's for sale.
The U.S. senior housing sector is a $60 billion industry with an expected growth rate of 5% through 2019. It involves nursing home services, physical therapy, counseling, 24-hour home care, hospice care, medication dispensing, homemaker and companion services, and dietary and nutritional services. If you're thinking of getting into the long-term care business, a number of senior care franchises are popular options. Businesses such as Comfort Keepers, Right at Home, and BrightStar Care work to help keep senior patient needs paramount. Browse the BizQuest site for information about buying long-term care and assisted living facilities. Hide description Read more
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