Research Report: Assisted Living Trends

September 17, 2008

Baby boomers have had a huge impact on society over the years. Now a University of Florida study shows that generation’s about to dramatically change long-term care for the elderly forever. Researchers looked at trends expected in nursing home and assisted-living over the next few decades. Baby boomers will shape those years and expert Stephen Golant says care providers will have to adapt.

Golant: “The future assisted living providers, they’re going to have to improve their product and provide a quality of not only care, but also a quality of living environment that’s able to attract that more educated, sophisticated older boomer who’s going to need long term care in the future.”

Technology could make the transition easier for loved ones with monitoring and surveillance systems that allow grown children to track their parents’ care.

Golant: “The boomer population coming up the pipeline is much more sophisticated, has been living with this new technology. They’re more accustomed to it, more accepting of it.”

And experts project that seven out of ten of boomers will likely need long-term care at some point after they reach the age of 65.