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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

4 min

What is the success rate of assisted living businesses?

While some studies indicate that a significant number of small businesses fail, the success rate of assisted living businesses is not a single statistic but rather a complex measure dependent on numerous factors. A successful operation is built on a solid foundation of strategic planning, strong financial management, and high-quality resident care, which we will explore in depth here.

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4 min

Decoding Nursing Home Finances: How much money does the average nursing home make?

According to a study examining 2019 financial data, nursing homes collectively reported net profits of just $730 million, a slim 0.58% margin. However, closer analysis reveals that the answer to **how much money does the average nursing home make** is far more complex, often involving significant hidden profitability.

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4 min

Are nursing homes very profitable, or is their financial picture complex?

Despite claims by the nursing home industry of razor-thin margins, research indicates that profits may be substantially higher than publicly reported. This discrepancy raises significant questions for families trying to understand the cost of care and for policymakers overseeing a system heavily funded by taxpayer dollars. The question of, 'Are nursing homes very profitable?' is more complex than it appears on the surface, involving intricate financial maneuvers and varying ownership models.

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4 min

Is Adult Daycare a Good Business? Exploring the Viability and Rewards

The National Adult Day Services Association (NADSA) reported over 4,600 adult day centers operating nationwide in 2020, serving hundreds of thousands of participants and their families. This statistic highlights a significant and growing demand, prompting the question: is adult daycare a good business venture in today's landscape?

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5 min

How much money can I make owning a group home?

By 2030, all baby boomers will be at least 65 years old, a demographic shift creating increased demand for senior housing and care. For those considering a business in this sector, the question, **how much money can I make owning a group home?**, is crucial for financial planning and success.

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5 min

How do senior living communities make money?

With a rapidly aging population, senior living communities have become a prominent part of the elder care landscape. Understanding their business model is crucial for both prospective residents and investors, so let's explore **how do senior living communities make money?**

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