With Alzheimer’s diagnoses expected to jump to 13.5 million in 2050* from 5.1 million in 2015, care facilities that specialize in memory loss are in high demand. If you are a leader in this relatively new space, you are no doubt balancing considerable opportunities with emerging risks.
Memory care facilities may be exposed to lawsuits that allege issues such as failure to screen residents for a higher level of care, insufficient staffing, inadequate management of care, and failure to maintain a safe, secure environment.
Fortunately, there are ways to help protect both your residents and your business. Start with these six key areas: