Longevity Healthcare Systems, Inc Case Analysis

Long-term care can be defined as a broad set of paid and unpaid services for people who are mentally or physically disabled, or whose chronic illness places them in need of medical or personal assistance for long periods of time. “It is estimated that there are more than twelve million Americans of all ages whose mix of serious disability and chronic illness places them at the high risk for functional decline, hospitalization, or nursing home placement.” (Benjamin) Several different populations require long-term care services, and the needs of these populations vary. In addition to the elderly, many of the long-term care users are younger persons with physical disabilities; persons with developmental disabilities; and persons with chronic

Health care is something that everyone requires in order to lead a healthy life. After a visit to a hospital there are instances when certain individuals require further care due to their circumstances. Although hospitals may provide long-term care, it is not usually ideal. Hospitals are in place to handle emergency situations and aid in stabilizing the patients. Once the patients are stable, they must be transitioned to another facility if they require further assistance. This will avoid maximum occupancy for the hospital and allow it to remain available to other patients that may need their services. Patients who require long-term care or around the clock care and are in good medical condition should seek a long-term care facility, such as a skilled nursing facility or nursing home. For some individuals, facilities such as skilled nursing facilities or nursing homes are a blessing. These types of facilities are in existence to aid in the recovery of certain injuries and or to provide living arrangements for those who lack someone to care for them or assist with meeting their health care needs.

What are the Effects of current health care tends on long term care and this facility

The following is a report on two Residential Aged Care (RAC) service providers listed on the Australian Stock Exchange (ASX), with the purpose of this report being to assess the viability of these companies as an investment option. The companies will be assessed on profitability, solvency, liquidity and value. RAC is relatively new to the ASX, with only a small number of listed companies therefore industry specific standards are not available for comparison. Hotel and Leisure Industries (HLI) have operational similarities and will be use as a substitute for comparisons. RAC is a growth industry with demand for beds increasing by 3% per year. The projections are for an increase of 70,000 beds by year 2022 to meet the forecast

Then live another expected fifteen plus years past 65, and insurance that covers long-term care services will broaden to include more than institution care and will embrace a comprehensive selection of possibilities leaning towards home-based care services.

It important to understand the concept of this term because it implies, this care is for extended periods, ranging from months to years to a lifetime. For instance, I work at an Auto TBI Long – Term Care facility where the residences have been there for years since their auto accident. The majority of the residences consider the facility to be there home and will spend all their days living in this facility.

When doctors prescribe medication for their patients, a local retail pharmacy is most likely to be utilized to fill the order. However, there is a growing population of older Americans that are no longer able to live independently and must reside in nursing homes or assisted living facilities. In order for this vulnerable population to receive their medications, a different kind of pharmacy is needed, these are known as LTC, long term care pharmacies. Within these specialized pharmacies there are highly trained employees called CPhTs, certified pharmacy technicians who are overseen by state licensed

Given the need for quality and modern nursing homes with a well balanced mix of services and amenities in

In fact, according to an article by Senior Care Marketer, “The senior care industry is booming and it’s just getting started as the baby boom generation cares for their aging parents and require care themselves as they transition into their own senior years. People sixty-five years and older represent the fastest-growing age group in the United States, and it is projected that the 75+ population will increase 70% by 2025. By 2030, 70 million Americans will be over the age of 65 – that's one out of every five Americans!”(Senior Care Marketer). With that said, there a number of competing firms that are seeking to reap the benefits of this growing industry. Sunrise Senior Living is currently the leading competitor in the senior care industry. However, there are number of other firms that are close behind including Brookdale Senior Living, Emeritus, Gentiva, Odyssey Healthcare, and ResCare.

Looking at the imminent departure of the once baby boomer generation, it is critical the community be well-informed regarding development economically for possibility of long-term care and that the legislative policy creators offer motivation for this type of preparation. The private sector tax offer alternatives such as 401(k)’s and IRA’s are an sign of motivation to bank funds aside when able to, but other alternatives have to be developed if a person wants to be ready for the future demands on long-term care. This incredible boost will have needed to combine both public and private sector initiatives. Medicaid, Self-pay, or insurance companies could cover long-term care expenses.

The Topic of my research paper is How to Start Your Own Assisted Living Business. I choose this topic because I have some experience in the health care field. I am a certified Medical Assistant and I wanted to take my education to the next level. The Health care job market is on high demand and is one of today’s most dynamic fields with a wide range of opportunities. I came to realize that the older you get in this country options for housing, health and personal care services become limited.

Health care is a fascinating industry. So many types of care are included within the industry. Health care can be very broad or very specific. Health care is also comprised of different types of health care. One specific sector is long-term health care. Long-term care plays a huge role in the health care continuum. This paper will define long-term care and a continuum as well as discuss the services provided and how these services fit in the continuum of care, the resources that go along with long-term care and how it contributes to overall health care resources, and how long-term care services

This paper will review the many aspects of long-term care problems and many challenges there are within Long-Term care. We will look at rising costs within long-Term Care, patient abuse, will look at the quality of life, shortages of nurses and demand that the elderly are putting on the medical field. The type of care that Long-Term Care had been giving to its patients and the changes within Long-Term Care.

With the growing rate of the elderly, increasing the need for our services, the growth potential for our business is enormous. As long as we stand by our commitment of a professional company and live up to our own standards, we will surpass the

In this competitive market a well properly executed business needs to have a well-chosen, well-crafted business level strategy (Hill, et al, 2015). With that in place the company will gain a competitive advantage and over their rivals. Brookdale is focusing on expanding their organization through merging with other assisted living to gain more profit, but the residence in the assisted living needs should be properly looked after. For a company to sustain a competitive advantage in the market industry, they must well implement their company’s business level strategy (Hill, et al, 2015). Since Brookdale is far ahead of its competitors their needs sustaining their advantage was not in a critical position; then, their stock price dropped by fifty