“Assisted living facilities (ALFs) may be going the way of cable TV. Still around, but with a limited future.

“Their residents are changing. Even as their needs become more complicated, they are demanding less institutional-like care. At the same time, assisted living will have to find its place in a world where medical and social care are becoming better coordinated and providers will be expected to organize themselves in very different ways than today.

“Assisted living was once a creative alternative to nursing homes.”

To read this Forbes article in its entirety, click here.