Real Estate News
.....Welcome to my Podcasts.....I help people buy and sell houses. I also share information, news, and topics about the real estate industry; how they may affect the metro Atlanta real estate market; pose problems and solutions; and address issues that may influence decisions to buy or sell… read more
Who owns nursing facilities and assisted living homes in the United States?
who is keeping track of number, ownership, and level of care exercised? Georgia ombudsman program tries to manage, but do they have staff and funding? What other organizations and agencies are watching? Are your family members getting the care they need? Is profit driving force for level of care?
In 2019, according to the Centers for Disease Control and Prevention (CDC), there are approximately 15,600 nursing homes in the United States with 1.7 million licensed beds, occupied by 1.4 million patients. (https://www.care.com/c/nursing-homes-in-america)
About 70 percent of nursing homes are operated by for-profit corporations, 24 percent are not-for-profit, and 7 percent are government-owned, while 58 percent are operated by corporate chains. (https://www.healthaffairs.org/doi/10.1377/hblog20210208.597573)
approximately 28,900 assisted living communities with nearly 1 million licensed beds in the United States today. (https://www.ahcancal.org/Assisted-Living/Facts-and-Figures/Pages/default.aspx)
welltower, ventas, omega healthcare and healthpeak are some of the largest REITs that lease facilities to senior care organizations.
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