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Investment in Nursing Industry Seen as Lucrative. But at What Cost?

Investment In Nursing Industry Seen As Lucrative. But At What Cost?

It really doesn’t come as a surprise to most people to learn that seniors are representing a growing segment of the overall Population. Current figures suggest that the number of elderly people living in the country may climb by about 50% in the next 15 years, however, and that by 2030; seniors will make up almost 20% of the total population across the United States. In response to this data, many private investors have seen a lucrative opportunity in the chance to jump into the Nursing care industry as for profit corporations become nearly ubiquitous. Our nursing home abuse and neglect attorneys view this news with trepidation, on the other hand.

Retirement of Baby Boomers Due to Shake the Nursing Care Sector to its Core

Right now, the senior population comprises 13% of the populace, and this is already a large segment when considering the distribution of the population among all other age groups. Millions of Baby Boomers have either retired very recently or are on the cusp of doing so, which means they are entering a period of their lives where they will experience a steady decline in their health. Even despite persistent efforts by many seniors to continue to live their lives independently, it is often an inevitability that they will eventually require care and supervision through their family members or the services of an assisted living center.

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Investment in Nursing Industry Seen as Lucrative. But at What Cost?

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