The senior living industry has historically provided two product types at opposite ends of the financial spectrum. At the top is a private-pay product that can command high monthly rates for rents and services. At the bottom, government subsidized housing is available for low-income seniors who qualify for housing waivers, Medicaid benefits and other programs.
This leaves a vast number of seniors out of the mix: the middle market. This report defines the market, describes the challenges and identifies senior housing providers that are getting it right.
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