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Over the past seven years, Friendship Senior Options has invested over $250 million in capital improvements to improve the operating performance of our two communities and enhance the ability of the organization to meet the needs of older adults — now and in the future.
Every year the number of seniors in our population increases. By 2050, it’s estimated that there will be 2 billion people over 60 in the world.
That means the need for living options and healthcare services will be greater than ever. With foresight into these growing needs, we are making smart financial decisions that will position us for growth while allowing us to be fiscally responsible with our current assets.
We pride ourselves on our openness to oversight and have built a reputation for financial stability.
Every five years, a survey team visits Friendship Village to evaluate our performance against more than 1,200 quality standards. As GreenFields of Geneva continues to grow its census, we anticipate it will also participate in this accreditation system.
In 2010 the 75 and older population was 19 million. By 2020 the number is projected to reach 66 million.
—Administration on aging