Low income regions are 2x as likely to see nursing home foreclosures as high income areas.
Boston, MA (PRWEB) September 27, 2011
Content provider Assisted Living Today (http://www.assistedlivingtoday.com) launched a collection of elderly care resources including this graphic which revealed that while nursing homes are closing, the elderly population is growing at a rapid rate. The graphic estimates that 42 million seniors may be left without care by the year 2012.
The basic findings of the report show that baby boomers are reaching senior status at a rate of 10,000 per day, and will continue to do so for the next 19 years, while nursing homes close at alarming rates.
Additionally the study found that the problem is particularly perilous in low income areas and amongst certain ethnic populations, as low income regions are 2x as likely to see nursing home foreclosures as high income areas.
Specific data points exposed in the graphic mentioned above include:
- In 10 years, 70 million people will be over the age of 65
- At the current rate of population growth and foreclosure, only 40% of the senior population will have an opportunity to live in a nursing home
- By the year 2012 there will be a need for one million new nurses
You can view the full nursing home forclosure graphic: http://assistedlivingtoday.com/p/resources/nursing-home-closures-infographic/ and Assisted Living Today has also created a series of buying guides for anyone interested in learning more about finding the best facilities for their loved ones – from assisted living facilities to memory care centers to nursing homes.
About Assisted Living Today
Assisted Living Today (http://www.assistedlivingtoday.com) is a premium Web publisher specializing in elderly care and senior living news and information. The site employs a team of experts in senior care and regularly produces helpful information about issues facing the growing population of seniors and their loved ones. Assisted Living Today is also committed to helping connect those looking for senior care with the nation’s premier care providers in assisted living, memory care, nursing homes, and more!