Master of Arts
Chairperson (Advisor 1)
Thomas R. Hanson, MBA, JD
Reader (Advisor 2)
Older Americans are living longer and living better than ever before. In 1900 the life expectancy was 4 7 years, in 1950 it was 68 years and today we can expect to live to age 79 and beyond (United States, Aging). The number of elderly people, those age 65 and older is estimated to be approximately 35 million strong according to the U.S. Bureau of the Census. By 2030 that number is expected to double as the baby boomers reach retirement age and by 2050 when the baby boomers reach age 85, that number will be approximately 78 million of which 18 million will be over age 85 (United States, Aging). The most critical issue faced by society is determining how to respond to this increased need for housing and health services over the next 30 years.
One response is to continue to construct and expand assisted living residences. These residences offer an effective combination of housing and healthcare in which residents can age-in-place and receive the support they require for their ever-changing needs. Assisted living residences provide more health-related services than in independent living or retirement homes. Trained staff is available round-the-clock to provide personalized assistance with individual AOL's (Daily Living Activities). In addition, they offer a less expensive, more residential approach to delivering many of the same services available in a skilled nursing facility.
Recommended CitationBeske, J. A. (2002). Cherub Gardens, LLC: A Business Plan (Thesis, Concordia University, St. Paul). Retrieved from https://digitalcommons.csp.edu/legacy-capstones_maom/8
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