This class is designed to be a resource guide for anyone who is endeavoring to get into the Assisted Living business. There is a lot of information that anyone getting into the business is going to need to be successful. This Course is part one of a two part course.

Course Content:

• Getting started with assisted living
• Expected costs
• Staffing and employment
• Regulations and procedures
• Resident rights and responsibilities
• Training, Certifications, and Documentation

By 2050 the nation’s senior population of adults 65+ will be over 89 million or 20 percent of the total population according to the US. Census Bureau.

There are approximately 28,900 assisted living communities with nearly 1 million licensed beds in the United States today. The average size of an assisted living community is 33 licensed beds. The U.S. Assisted Living Facility market is expected to grow at a compound annual growth rate of 5.3% from 2020 to 2027 to reach USD 119.2 billion by 2027.

Getting into the health or personal care business is beyond the reach of most people because of the cost, regulatory environment, and technical expertise needed. However, the business of starting an Assisted Living Facility is an excellent opportunity that is in line with emerging demographic realities. An aging population means that more and more people will need assistance for coping with activities of daily living.

Starting an assisted living business can be a very rewarding thing to do. The time has never been easier to start an assisted living facility.