Baby boomers mean more business for long-term care – Nashville Business Journal
Posted by Gerald Coggin on June 4, 2012
By Chris Silva
Nashville Business Journal
Executives at National Healthcare Corp. say their expansion plans for Middle Tennessee are based on a projected need for increased skilled nursing and assisted living services. According to the Tennessee Health Care Association, NHC is on the right path, as occupancy of skilled nursing homes is expected to increase dramatically over the next several years as an increasing number of baby boomers retire. NHC is planning to invest at least $80 million to build three new assisted living and skilled nursing facilities in Davidson County, Sumner County and Tullahoma, a move that should bring roughly 500 new jobs to the area. A possible fourth new home could also be built in Davidson County.
For more information, contact Gerald Coggin, Sr. VP of Corporate Relations. Phone: (615) 890-2020