American Retirement Corporation Essay

American loneliness passel (ARC) is an operator of senior living comm social unities. The companionship is a senior living and wellness perplexity serve fork outr oblation a broad range of c ar and services to seniors, including mugwump living, aided living, clever nursing and therapy services. The companionship operates around 65 senior living communities in 14 states, with an aggregate unit capametropolis of almost 12,900 units and resident capacity of near 14,500. across the United States, the lodge owns 19 communities, leases 41 communities, and manages five communities pursuant to management agreements. The caller-up operates in three distinct handicraft segments retirement centers, free standing assisted living communities (ALCs), and management services. The fraternity operates massive continuing fearfulness and retirement communities (CCRCs) and nonparasitic living communities (retirement centers) that admit an order of services, including independent living, assisted living, Alzheimers and masterly nursing c atomic number 18.The confederacys retirement centers are the largest segment of the come withs short letter and comprise around 27 of the 65 communities that the company operates, with unit capacity of approximately 8,100, representing approximately 63% of the total unit capacity of the companys communities. The companys free standing ALCs give specialized assisted living care to residents in a comfortable residential atmosphere.Most of the free standing amyotrophic lateral sclerosis provide specialized care such(prenominal) as Alzheimers, memory enhancement and other dementia programs. These communities are intentional to provide care in a home-like setting. At separately of its free standing ALCs, the company provide personalized care plans for each resident, extensive activity programs, and vex to therapy or other services as necessary. cakehole C. Massey, Dr. Thomas F. Frist, Sr. , and a blue group of promin ent local business community founded American Retirement Corp. in February 1978.Historically, the company operated large CCRCs and independent living communities that provided an array of services, including independent living, assisted living and skilled nursing care in large, very much campus style settings. The company formed American Retirement Communities in February 1995, by means of a combination of certain entities that owned, operated, or managed miscellaneous senior living communities. American Retirement became a wholly owned subsidiary company of American Retirement Communities in February 1997 (Datamonitor, celestial latitude 2005).ARC began to develop and acquire a number of free-standing assisted living communities in 1999, most of which began operations during 1999 and 2000. In 2001, the company purchased assisted living residences in confederacy with CNL Retirement, namely the Broadway Plaza at pecan Park in Arlington, Texas and the Homewood Residence in Boca Raton, Florida. In Boca Raton, ARC could be availed by the Homewood Residence, a senior community designed to help those who need assistance with unremarkable activities such as bathing, dressing and administering needed medication.According to the Homewood Residence Website, the service they provide is just like family, the extra assistance their clients may need with their daily activities, tour helping them maintain the privacy, dignity and freedom (Homewood Residence Website). Boca Raton, located in the decoration edge County, has a healthy preservation and wealthy retirees. Its primary offset is relying in the main on the tourism industry. decoration margin Countys growth, on the other hand, is gruelling in biotechnology, electronics, and computer industries.The largest employers are in the mankind sector, federal and state government, public schools, and Florida Atlantic University. In Boca Raton, there is to a fault an increased number of older populace. Busine sses essential deal with the shifts in demands for goods and services brought on by the desires and needs of older consumers (Howell, 1997). The issues lining the delivery of goods and services in habitual are magnified in the health care arena. Efforts to reach older consumers oft are hampered by failure to meet the requirements and preferences of this population.According to the Boca Raton Comprehensive yearly account (September 2005), the Milken Institute Index listed the Boca Raton market as the fourth in the 2004 Best playing Cities Index in the country for economic strength and job and wage growth. With a shortage of affordable housing, Boca Raton has introduced a hands housing ordinance and is in the turn of developing mixed put on options as tools for providing additional housing in areas previously reserved for non residential uses.The Report likewise proudly states that Boca Raton is the location of several mickle 500 companies and nearly 3,000 businesses, em ploying over 38,000 tidy sum because of its low taxes, strong employment base, and prime(prenominal) of life, Boca Ratons business community is roaring (See knock back 1). Table 1. Boca Ratons head Employers Among the three counties in Florida, Palm set down has experienced the greatest population growth in absolute numbers and in population density. It also has the oldest population. According to the 2000 US Census, Palm Beach County has 1,131,184 residents (See Table 2).Residents of Palm Beach County also have a higher per-capita income than in the other both counties. Miami-Dade County is clearly the largest of the three, in geographic size of it and population. Palm Beach and Broward Counties have standardised proportions of their population that are uninsured, approximately 15 percent, and Miami Dade has the highest at 25 percent (Jackson & Beatty, 2003, p. 7). In the issue of income, Boca Raton has a high income per capita. Table 3 provides the selective information of income distribution by age group and by ethnicity in the year 1999. Table 2. Palm Beach Demographics PALM BEACH COUNTY FL US race fleck fig Number heart population 1,131,184 Square miles (land) 1,974. 11 universe of discourse per square mile 573. 01 296. 37 79. 56 GENDER Number percent portion percentage Male 546,739 48. 3 48. 8 49. 1 Female 584,445 51. 7 51. 2 50. 9 bestride Number Pct Pct Pct 15 or younger 201,715 17. 8 19. 0 21. 4 16-24 113,057 10. 0 12. 2 13. 9 25-44 305,041 27. 0 28. 6 30. 2 45-64 249,295 22. 0 22. 7 22. 0 65+ 262,076 23. 2 17. 6 12. 4 Number Number Number Average age (years) 42. 55 39. 53 36. 22 RACE AND ETHNICITY Number Pct Pct Pct lily-white 894,207 79. 1 78. 0 75. 1 Black or African American 156,055 13. 8 14. 6 12. 3 American Indian and Alaska aboriginal 2,466 0. 2 0. 3 0. 9 Asian 17,127 1. 5 1. 7 3. 6 innate Hawaiian and other Pacific islander 692 0. 1 0. 1 0. 1 roughly other race 33,709 3. 0 3. 0 5. 5 Two or much races 26,928 2. 4 2. 4 2. 4 Hispanic or Latino 140,675 12. 4 16. 8 12. 5 Sources U. S. Census Bureau, 2000 Census ePodunk rase Hispanic ethnicity is a separate data category from race. This number should not be added to race totals. Table 3. Incomes in 1999 Boca Raton, FloridaBOCA RATON FL US MEDIAN HOUSEHOLD INCOME BY AGE ($ IN 1999) Number Number Number Median household income 60,248 38,819 41,994 homeowner on a lower floor 25 24,080 22,861 22,679 Householder 25-34 49,871 39,021 41,414 Householder 35-44 73,110 46,291 50,654 Householder 45-54 82,033 50,347 56,300 Householder 55-64 71,315 42,971 47,447 Householder 65-74 52,321 32,398 31,368 Householder 75 and older 43,971 25,085 22,259 PER CAPITA INCOME BY RACE OR ETHNICITY ($) Number Number Number Per capita income 45,628 21,557 21,587 White 48,463 23,919 23,918Black or African American 16,275 12,585 14,437 congenital American 31,123 16,598 12,893 Asian 22,469 20,429 21,823 Native Hawaiian and Pacific islander 13,569 15,251 15,054 most other race 14,02 3 11,431 10,813 Two or more races 20,589 13,514 13,405 Hispanic or Latino 25,476 15,198 12,111 Sources U. S. Census Bureau, 2000 Census ePodunk Moreover, the Health fretting District of Palm Beach County provides a source of funding for low-income residents to gain entrance money to health care coverage and maintains a comprehensive trauma system in Palm Beach County, Florida.Other services include rehabilitation/long-term care, nurses in public schools, behavioral health professionals in public schools, senior services and childrens health restitution programs (HCDPBC Website). HCDs legation is to maximize the health and well be of Palm Beach County residents by addressing their health care needs and planning for the rileion and delivery of services. Health care has belong one of the most vibrant sectors of the American economy, frequently a leader in economic growth, and the largest employer.Its look-based medicine focused on the use of pharmaceuticals, mechanical device s, and surgery, intervention strategies that muse an earlier view of the body as a machine, paying relatively undersized attention to internal processes of problem-solving that occur commonly (Heirich, 1998, p. 343). According to Andersen, Rice and Kominski (2001), improving access to health care can be greatly facilitated by a peeled generation of access models and indicators. These should stress the enormousness of contextual as well as individual characteristics to promote policies to improve access for defined populations.Also, these should focus on the extent to which medical care contributes to peoples health. Access measures should be developed specifically for particular vulnerable population groups. These measures are especially important because of the cross-cutting needs of umteen of the vulnerable groups persons with HIV/AIDS, substance abusers, migrants, homeless person people, people with disabilities, and those suffering from family violence. Improving equity, effectiveness, and cogency should be the guiding norms for re research on access. Among the most important areas for research are Promoting successful birth outcomesresearch on the relationships among medical risk factors, the content of antepartum care and birth outcomes Reducing the relative incidence of vaccine-preventable childhood diseasesresearch on the relationships among race, barriers to access, and morbific disease Reducing the effects of continuing diseases and prolonging liferesearch concerning the differences in use of high-cost discretionary care according to gender, ethnicity, income, and insurance status and whether these differences represent overuse or underuse of these services. Reducing morbidity and pain through timely and appropriate treatment research exploring methods to better define what constitutes timely and appropriate use of physician services References American Retirement Corp. (2005, November 5). Retrieved whitethorn 5, 2006, from Datamonitor Database at http//dbic. datamonitor. com/companies/company/? pid=BAC9B41D-2415-44CF-8228-1C8B736DCBA8 American Retirement passel Website. http//www. arclp. com/index. html Andersen, R. M. , Rice, T. H. , & Kominski, G. F. (2001). Changing the U. S. Health business organisation System.San Francisco Jossey-Bass. Boca Raton Income Overview. Retrieved May 5, 2006, from Epodunk Website at http//www. epodunk. com/cgi-bin/incomeOverview. php? locIndex=8367 Comprehensive Annual Financial Report of the City of Boca Raton, Florida. (2005, Spetember 30). Retrieved May 5, 2006, from Boca Raton Government Website at http//www. ci. boca-raton. fl. us/city/Council3. cfm Heirich, M. (1998). Rethinking Health Care Innovation and limiting in America. Boulder, CO Westview Press. Homewood Residence Website. http//www. seniorhousingnet.com/seniors/search/brochure/pr_brochure. jhtml? pid=552999&name=hrbocaraton& elicitation=shn&source=a1shzr2t070 Howell, W. C. (1997). Forward, perspectives, and prospe ctives. In A. D. Fisk & W. A. Rogers (Eds. ), Handbook of homosexual factors and the older adult (pp. 16). San Diego, CA Academic Press. Jackson, C. A. , & Beatty, A. (2003). Organization and Financing of indigent Hospital Care in southmost Florida. Santa Monica, CA Rand. Palm Beach macrocosm Overview. Retrieved May 5, 2006, from Epodunk Website at http//www. epodunk. com/cgi-bin/popInfo. php? locIndex=8814