According to a recent news story, assisted living and other residential care facilities are looking more and more like nursing homes. A large percentage offer skilled nursing services, case management, and physical or occupational therapy.
For consumers, this trend significantly expands their care options beyond moving to a nursing facility or staying at home. But it also means they need to be very careful in their choices: If they move into a residential care facility expecting high levels of assistance, they need to be very sure the operator is equipped to deliver that service.
Likewise, owners of care facilities need to recognize that a new generation of residents needs more assistance with activities of daily living and greater medical support.
Michael is an accomplished leader with deep expertise in the healthcare sector. As the CEO of Prime Source, he has driven innovation and strategic growth in healthcare procurement and management. His extensive knowledge of the industry has made him a sought-after speaker, regularly lecturing at trade groups, seminars, and to industry executives on the most pressing healthcare trends and challenges. Michael is passionate about exploring the intersection of business and healthcare, providing thought leadership that shapes the future of the field.