(Alexandria, Va.) – Argentum, the voice of America’s senior living communities, today released a new report, The Value of Assisted Living for America in conjunction with the association’s annual Public Policy Institute in Washington, DC.
“This report makes clear that assisted living provides more of what matters when it comes to helping seniors stay as healthy, happy, and independent as possible,” James Balda, Argentum president and chief executive officer. “Each day 10,000 Americans turn 65, and 70 percent will likely need some form of long-term care in their lifetimes. Put simply, they will need a caregiver, and home and community-based assisted living provides the most cost-effective, patient-centered approach to meet the needs of our rapidly aging population.
Briefly, the report finds:
In February, Argentum released a new strategic vision for the senior living industry built on the foundation of People. Trust. Choice. A key element of this strategic vision is to “tell our story” and better educate policymakers on the value of senior living. “This report, and future reports focused on developing the senior care workforce and increasing access and affordability of senior living, are critical to demonstrating the importance of assisted living for all Americans to policymakers at all levels of government,” said Balda. “We are proud to say that the assisted living model of care is one that makes sense from a quality-of-life perspective and a fiscal perspective.”
The report can be found at: https://info.argentum.org/value-of-assisted-living-for-america
Argentum is the leading national association exclusively dedicated to supporting companies operating professionally managed, resident-centered senior living communities and the older adults and families they serve. Since 1990, Argentum has advocated for choice, independence, dignity, and quality of life for all older adults.
Argentum member companies operate senior living communities offering assisted living, independent living, continuing care, and memory care services. Along with its state partners, Argentum’s membership represents approximately 75 percent of the senior living industry—an industry with a national economic impact of nearly a quarter of a trillion dollars and responsible for providing over 1.6 million jobs. These numbers will continue to grow as the U.S. population ages.
Argentum’s programs and initiatives are driven by its membership. For more information about joining Argentum, please visit argentum.org/membership. Learn more at argentum.org.
Manager, Media and Public Affairs
ARGENTUM | Expanding Senior Living
1650 King Street, 6th Floor
Alexandria, VA 22314
703-599-7412 | email@example.com
Get updates on the latest news impacting senior living through our Argentum Daily newsletter.