Senior Housing News January 14, 2025
In 2025, memory care operators will continue to grapple with the many challenges of evolving dementia care to meet the needs of today’s senior living residents.
Many opportunities remain, including demographic-driven demand entering the market as Baby Boomers begin to turn 80 along with the growing need for dementia care as cognitive needs continue to rise.
But many challenges are just as prevalent for the memory care sector heading into 2025, issues being affordability of memory care being inaccessible to many Americans and a lack of new development to meet growing demographic-driven demand.
Below is a summary of quotes from some of the top stories on Memory Care Business in 2024. They show the industry’s trials and tribulations in 2024...