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Monthly Archives: March 2006

Home Care and Assisted Living Costs Rise

Older Americans in need of care face sharp spikes in the cost of increasingly popular assisted living quarters and home health aides, according to a study.
The average price tag for a private one-bedroom unit in an assisted living facility rose 7 percent in 2006 to about $33,000 per year, compared with a [...]

Sunrise Senior Living 4Q Profit

Sunrise Senior Living Inc., which operates 415 communities for the elderly in North America and Europe, said Tuesday its fourth-quarter profit rose more than threefold, aided by recent acquisitions, higher occupancy rates and a gain from an asset sale.
The company also backed its financial forecast for the current year and projected earnings growth between 15 [...]