American Retirement Corporation Essay

American Retirement Corporation ( ARC ) is an operator of senior life communities. The company is a senior life and wellness attention services supplier offering a wide scope of attention and services to seniors. including independent life. assisted life. skilled nursing and therapy services. The company operates around 65 senior populating communities in 14 provinces. with an aggregative unit capacity of about 12. 900 units and resident capacity of about 14. 500.

Across the United States. the company owns 19 communities. rentals 41 communities. and manages five communities pursuant to direction understandings. The company operates in three distinguishable concern sections: retirement centres. free standing assisted living communities ( ALCs ) . and direction services. The company operates big go oning attention and retirement communities ( CCRCs ) and independent life communities ( retirement centres ) that provide an array of services. including independent life. assisted life. Alzheimer’s and skilled nursing attention.

The company’s retirement centres are the largest section of the company’s concern and comprise about 27 of the 65 communities that the company operates. with unit capacity of about 8. 100. stand foring about 63 % of the entire unit capacity of the company’s communities. The company’s free standing ALCs supply specialized aided life attention to occupants in a comfy residential ambiance.

Most of the free standing ALs supply specialized attention such as Alzheimer’s. memory sweetening and other dementedness plans. These communities are designed to supply attention in a home-like scene. At each of its free standing ALCs. the company supply personalized attention programs for each occupant. extended activity plans. and entree to therapy or other services as needed. Jack C. Massey. Dr. Thomas F. Frist. Sr. . and a little group of outstanding local business communities founded American Retirement Corp. in February 1978.

Historically. the company operated big CCRCs and independent life communities that provided an array of services. including independent life. assisted life and skilled nursing attention in big. frequently campus manner scenes. The company formed American Retirement Communities in February 1995. through a combination of certain entities that owned. operated. or managed assorted senior life communities. American Retirement became a entirely owned subordinate of American Retirement Communities in February 1997 ( Datamonitor. December 2005 ) .

ARC began to develop and get a figure of free-standing aided life communities in 1999. most of which began operations during 1999 and 2000. In 2001. the company purchased aided life abodes in partnership with CNL Retirement. viz. the Broadway Plaza at Pecan Park in Arlington. Texas and the Homewood Residence in Boca Raton. Florida. In Boca Raton. ARC could be availed through the Homewood Residence. a senior community designed to assist those who need aid with day-to-day activities such as bathing. dressing and administrating needed medicine.

Harmonizing to the Homewood Residence Website. the service they provide is “just like family” . the excess aid their clients may necessitate with their day-to-day activities. while assisting them maintain the privateness. self-respect and independency ( Homewood Residence Website ) . Boca Raton. located in the Palm Beach County. has a healthy economic system and affluent retired persons. Its primary growing is trusting chiefly on the touristry industry. Palm Beach County’s growing. on the other manus. is concentrated in biotechnology. electronics. and computing machine industries.

The largest employers are in the populace sector. federal and province authorities. public schools. and Florida Atlantic University. In Boca Raton. there is besides an increased figure of older public. Businesss must cover with the displacements in demands for goods and services brought on by the desires and demands of older consumers ( Howell. 1997 ) . The issues confronting the bringing of goods and services in general are magnified in the wellness attention sphere. Attempts to make older consumers frequently are hampered by failure to understand the demands and penchants of this population.

Harmonizing to the Boca Raton Comprehensive Annual Report ( September 2005 ) . the Milken Institute Index listed the Boca Raton market as the 4th in the “2004 Best Performing Cities Index” in the state for economic strength and occupation and pay growing. With a deficit of low-cost lodging. Boca Raton has introduced a work force lodging regulation and is in the procedure of developing assorted usage options as tools for supplying extra lodging in countries antecedently reserved for non residential utilizations.

The Report besides proudly states that Boca Raton is the location of several Fortune 500 companies and about 3. 000 concerns. using over 38. 000 people because of its low revenue enhancements. strong employment base. and quality of life. Boca Raton’s concern community is booming ( See Table 1 ) . Table 1. Boca Raton’s Top Employers Among the three counties in Florida. Palm Beach has experienced the greatest population growing – in absolute Numberss and in population denseness. It besides has the oldest population. Harmonizing to the 2000 US Census. Palm Beach County has 1. 131. 184 occupants ( See Table 2 ) .

Residents of Palm Beach County besides have a higher per-capita income than in the other two counties. Miami-Dade County is clearly the largest of the three. in geographic size and population. Palm Beach and Broward Counties have similar proportions of their population that are uninsured. about 15 per centum. and Miami Dade has the highest at 25 per centum ( Jackson & A ; Beatty. 2003. p. 7 ) . In the issue of income. Boca Raton has a high income per capita. Table 3 provides the information of income distribution by age group and by ethnicity in the twelvemonth 1999. Table 2. Palm Beach Demographics PALM BEACH COUNTY FL US

POPULATION Number Number Number Total population 1. 131. 184 Square stat mis ( land ) 1. 974. 11 Population per square stat mi 573. 01 296. 37 79. 56 GENDER Number Pct Pct Pct Male 546. 739 48. 3 48. 8 49. 1 Female 584. 445 51. 7 51. 2 50. 9 AGE 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 ( old ages ) 42. 55 39. 53 36. 22 RACE AND ETHNICITY Number Pct Pct Pct

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 native 2. 466 0. 2 0. 3 0. 9 Asiatic 17. 127 1. 5 1. 7 3. 6 Native Hawaiian and other Pacific island-dweller 692 0. 1 0. 1 0. 1 Some other race 33. 709 3. 0 3. 0 5. 5 Two or more races 26. 928 2. 4 2. 4 2. 4 Latino or Hispanic 140. 675 12. 4 16. 8 12. 5 Beginnings: U. S. Census Bureau. 2000 Census ; ePodunk Note: Latino ethnicity is a separate informations class from race. This figure should non be added to race sums. Table 3. Incomes in 1999 Boca Raton. Florida

BOCA RATON FL US MEDIAN HOUSEHOLD INCOME BY AGE ( $ IN 1999 ) Number Number Number Median household income 60. 248 38. 819 41. 994 Householder under 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. 918

Black or African American 16. 275 12. 585 14. 437 Native American 31. 123 16. 598 12. 893 Asiatic 22. 469 20. 429 21. 823 Native Hawaiian and Pacific islander 13. 569 15. 251 15. 054 Some other race 14. 023 11. 431 10. 813 Two or more races 20. 589 13. 514 13. 405 Latino or Hispanic 25. 476 15. 198 12. 111 Beginnings: U. S. Census Bureau. 2000 Census ; ePodunk Furthermore. the Health Care District of Palm Beach County provides a beginning of support for low-income occupants to derive entree to wellness attention coverage and maintains a comprehensive injury system in Palm Beach County. Florida.

Other services include: rehabilitation/long-term attention. nurses in public schools. behavioural wellness professionals in public schools. senior services and children’s wellness insurance plans ( HCDPBC Website ) . HCD’s mission is to “maximize the wellness and good being of Palm Beach County occupants by turn toing their wellness attention demands and planning for the entree and bringing of services. ” Health attention has become one of the most vivacious sectors of the American economic system. often a leader in economic growing. and the largest employer.

Its research-based medical specialty focused on the usage of pharmaceuticals. mechanical devices. and surgery. intercession schemes that reflect an earlier position of the organic structure as a machine. paying comparatively small attending to internal procedures of problem-solving that occur usually ( Heirich. 1998. p. 343 ) . Harmonizing to Andersen. Rice and Kominski ( 2001 ) . bettering entree to wellness attention can be greatly facilitated by a new coevals of entree theoretical accounts and indexs. These should emphasize the importance of contextual every bit good as single features to advance policies to better entree for defined populations.

Besides. these should concentrate on the extent to which medical attention contributes to people’s wellness. Access steps should be developed specifically for peculiar vulnerable population groups. These steps are particularly of import because of the cross-cutting demands of many of the vulnerable groups: individuals with HIV/AIDS. substance maltreaters. migrators. stateless people. people with disablements. and those enduring from household force. Bettering equity. effectivity. and efficiency should be the guiding norms for research on entree. Among the most of import countries for research are:

• Promoting successful birth outcomes—research on the relationships among medical hazard factors. the content of antenatal attention and birth results • Reducing the incidence of vaccine-preventable childhood diseases—research on the relationships among race. barriers to entree. and infective disease • Reducing the effects of chronic diseases and protracting life—research refering the differences in usage of high-cost discretional attention harmonizing to gender. ethnicity. income. and insurance position and whether these differences represent overexploitation or underuse of these services.

• Reducing morbidity and hurting through seasonably and appropriate treatment— research researching methods to better specify what constitutes seasonably and appropriate usage of doctor services References American Retirement Corp. ( 2005. November 5 ) . Retrieved May 5. 2006. from Datamonitor Database at hypertext transfer protocol: //dbic. datamonitor. com/companies/company/ ? pid=BAC9B41D-2415-44CF-8228-1C8B736DCBA8 American Retirement Corporation Website. hypertext transfer protocol: //www. arclp. com/index. hypertext markup language Andersen. R. M. . Rice. T. H. . & A ; Kominski. G. F. ( 2001 ) . Changing the U. S. Health Care System.

San Francisco: Jossey-Bass. Boca Raton Income Overview. Retrieved May 5. 2006. from Epodunk Website at hypertext transfer protocol: //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 hypertext transfer protocol: //www. curie. boca-raton. Florida. us/city/Council3. cfm Heirich. M. ( 1998 ) . Rethinking Health Care: Invention and Change in America. Boulder. Carbon monoxide: Westview Press. Homewood Residence Website. hypertext transfer protocol: //www. seniorhousingnet.

com/seniors/search/brochure/pr_brochure. jhtml? pid=552999 & A ; name=hrbocaraton & A ; trigger=shn & A ; source=a1shzr2t070 Howell. W. C. ( 1997 ) . Forward. positions. and prospectives. In A. D. Fisk & A ; W. A. Rogers ( Eds. ) . Handbook of human factors and the older grownup ( pp. 1–6 ) . San Diego. Calcium: Academic Press. Jackson. C. A. . & A ; Beatty. A. ( 2003 ) . Organization and Financing of Indigent Hospital Care in South Florida. Santa Monica. Calcium: Rand. Palm Beach Population Overview. Retrieved May 5. 2006. from Epodunk Website at hypertext transfer protocol: //www. epodunk. com/cgi-bin/popInfo. php? locIndex=8814