News

Gaining Momentum: Promoting and Developing Affordable Assisted Living
4/10/2017

Gaining Momentum: Promoting and Developing Affordable Assisted Living

In recent years, increasing attention is being paid to the financial challenges of the impending silver tsunami of Baby Boomers approaching retirement. Simply put, their fiscal outlook is bleak. In regard to retirement savings, too many will have not enough. For the seniors housing and care industry, the time is now to invest in and develop more affordable assisted living (AAL) options. Fortunately, for both the industry and the low- and middle-income seniors of the present and future, there are several organizations and companies doing outstanding work to help address the problem.

Heritage Woods of Minooka: From Mission to Reality
4/6/2017

Heritage Woods of Minooka: From Mission to Reality

When conceptualizing and developing its latest Supportive Living Facility (SLF), Gardant put an emphasis on three words: love, compassion and dignity. At its new facility, and at all of its pre-existing locations, Gardant focuses on providing residents with the love, compassion and dignity they deserve and on helping each resident maintain as much independence as possible for as long as possible—a noble mission that was recently brought to life with the construction of Heritage Woods of Minooka.

Supportive Living Facilities and Medicaid Waivers: Addressing the Wave of Low- and Moderate-Income Seniors
8/7/2015

Supportive Living Facilities and Medicaid Waivers: Addressing the Wave of Low- and Moderate-Income Seniors

In 2011, the Baby Boomer wave began to crash upon the shores of retirement. By 2030, 72.8 million Americans will be over the age of 65, an increase from 43.1 million in 2012. While developments in health care have added quality as well as quantity to the average lifespan, aging often still brings the need for assistance with Activities of Daily Living (ADLs). Many individuals retain the majority of their physical and mental abilities and yet still require some assistance with one to three ADLs. A segment of these individuals without the physical capacity to care entirely for themselves are low- to moderate-income seniors unable to afford traditional assisted living (AL) services. These individuals present an opportunity for operators and states to think creatively about how best to care for their financial, physical and mental needs.