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As the population of the United States grows older, the demand for home health aides and professional live-in caregivers is expected to rise more than 40% by 2026. [2] Informal caregivers include any unpaid individual, such as a spouse, neighbor, or adult child, who provides personal assistance to an elderly, ill, or disabled person in the home ...
It encompasses assisted living, adult daycare, long-term care, nursing homes (often called residential care), hospice care, and home care. Elderly care emphasizes the social and personal requirements of senior citizens who wish to age with dignity while needing assistance with daily activities and with healthcare. Much elderly care is unpaid. [1]
A Place for Mom, founded in 2000, is a privately held, [2] for-profit senior care referral service headquartered in New York, New York. [3] The company provides personal and professional assistance to families in search of senior care options. Their service is free to families.
Long-term care can be provided formally or informally. Facilities that offer formal LTC services typically provide living accommodation for people who require on-site delivery of around-the-clock supervised care, including professional health services, personal care, and services such as meals, laundry and housekeeping. [4]
The median cost of in-home care is $30 per hour in the US, according to A Place for Mom, a senior living referral service, which works out to over $20,000 a year for just two-hour visits every day ...
Assisted living services can be delivered in stand-alone facilities or as part of a multi-level senior living community. The industry is fragmented and dominated by for-profit providers. In 2010, six of the seventy largest providers were non-profit, and none of the top twenty were non-profit (Martin, 2010).
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