Senior Quality Lifestyles is a nonprofit organization that sponsors and operates the life care communities
of Edgemere (Dallas), The Buckingham (Houston), Querencia at Barton Creek (Austin), Mirador (Corpus Christi), The Stayton at Museum Way (Fort Worth), and The Barrington of Carmel (Indianapolis).
ACTS will seek to implement this intervention in its other life care communities
as physical space and funding will allow and also intends to pilot a mobile Snoezelen cart that may be utilized in a variety of settings.
Life care communities, generically known as continuing care retirement communities (CCRC), are upscale facilities that typically offer three levels of care: independent living, assisted living, and nursing care.
Some life care communities have gone bankrupt in prior years, leaving elders without assets and with little recourse.
Assisted living facilities, congregate communities, and life care communities
without SNFs frequently face challenges involving residents whose needs they can no longer meet.
Having developed generally accepted definitions for the seniors housing categories of Independent Living Facilities, Assisted Living Units, Skilled Nursing Units, Continuing Care Retirement Communities and Life Care Communities
, the industry is better positioned to attract the sophisticated underwriting required to fuel growth, projected to be $13 billion to $18 billion in the next four years, and $283 billion to $508 billion from 2000 to 2030.
Historically, nursing homes had higher private pay, and many of our residents were not "sick" people; they were the people who needed assistance and are now going to retirement communities, life care communities
and assisted living facilities.
Different from life care communities
in that there is no endowment or initial investment, Water Ridge is an upscale rental facility aimed at seniors who are typically over 65 years old, vital, and financially secure.
Examples include adult day care programs, group homes, and life care communities
The company owns a mix of CCRCs, life care communities
, and rental retirement communities.
Life care communities
, which represent a service arrangement, are available in some localities.