Assisted Living Communities Saw A 34.4% Increase In Revenues From 2013 To 2020
Assisted Living Facilities for the elderly (made up of establishments that provide residential and personal care services without on-site nursing care) saw a 34.4% increase in revenue from about $25.0 billion 2013 to 33.6 billion 2020. Continuing care retirement communities (establishments that provide a range of residential and personal care services with on-site nursing care facilities for the elderly and others) saw their revenues grow by 41.1%, going from $28.6 billion in 2013 to $40 billion in 2020. Skilled nursing facilities (including assisted living communities, CCRCs, skilled nursing facilities, home healthcare and services . . .
