March 12

Gardant Executive Advocates for Affordable Assisted Living

Rick Banas, Vice President of Development and Positioning

Rick Banas, Vice President of Development and Positioning for Gardant Management Solutions, was featured in a Seniors Housing Business article on the importance of affordable assisted living options for seniors.

The need for affordable housing is expected to increase as Baby Boomers begin searching for options with limited financial resources.

In the article, Banas says the senior housing industry will need to be more vocal about the benefits of affordable assisted living.

“The industry will need  to show Medicare, managed care and ACOs how it’s a better, more cost-effective option for someone to live in assisted living rather than live in a nursing home or on their own. We do a lot of that here in Illinois to remind key legislators of the benefit,” Banas said in the article.

Gardant manages more than 50 affordable assisted living communities across the country.

In 2015, Gardant held a National Summit on Affordable Assisted Living. The summit was designed to create a national conversation on models for assisted living for low and middle income seniors who cannot afford many of the assisted living options that currently are available in the United States

The full article where Banas was quoted can be viewed online.

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