Although Los Angeles is at the forefront of the residential care industry, with Los Angeles County accounting for approximately 1,300 facilities, representing about 17% of facilities in the state and 5% across the U.S., the potential need for such facilities appears to be outstripping the supply (CDSS 2017).
According to the Department of Social Services (DSS)1, California currently has over 7400 licensed RCFEs that can provide a home and care for more than 185,000 residents.
There are approximately 1,250 licensed nursing homes in California with about 120,000 beds, and over 300,000 Californians are cared for annually in licensed long-term care facilities.
There are approximately 1,230 licensed long-term care nursing facilities in California. These include free-standing nursing homes and ‘distinct part’ nursing homes which are attached to hospitals. More than 400,000 Californians are cared for annually in licensed long-term care facilities.
RCFEs provide non-medical care and supervision to persons 60 years or older who may need assistance with activities of daily living (ADLs). Residents of RCFEs do not require 24-hour nursing care. ARFs provide 24-hour non-medical care and supervision to adults aged 18- 59.
There are 88 nursing homes in Orange County, CA and 8 nursing homes nearby.
Across the board, the average stay in a nursing home is 835 days, according to the National Care Planning Council. (For residents who have been discharged- which includes those who received short-term rehab care- the average stay in a nursing home is 270 days, or 8.9 months.)
79: Average age upon admittance to a nursing home. 40%: The percentage of individuals who reach age 65 who will enter a nursing home during their lifetimes.
While long-term care is considered to be supportive in nature, skilled nursing is generally designed to rehabilitate a patient so that he can return home if at all possible.
There are approximately 28,900 assisted living communities with nearly 1 million licensed beds in the United States today. The average size of an assisted living community is 33 licensed beds.
Nursing Home. You might hear the terms “convalescent home” and “nursing home” used interchangeably, but they are different types of care. The main difference is that a convalescent home provides short-term rehabilitative care, while a nursing home offers long-term skilled nursing care.
According to the Seller annual revenue from the RCFE is $248,400 and annual net income $108,700. Seller will train potential buyers and gladly introduce to patients referral agencies. Over last 5 years the RCFE was remodeled, tile/hardwood floors, etc, to make it a great place for happy residents.
Residential facilities are real properties or buildings designed for accommodation purposes either by the owner or by tenants at the status of utilities. A single-family or multiple-family house which could be low or high rise apartment.