Despite the increasing need and developers' attempts to fill it,however, nationally the public long-term-care industry is fightingfor its survival, facing shortages of health care workers andprofitability.
Assisted-living companies that went public in the last decadenumber more than a dozen. But many succumbed to financialdeath--and now only four of the survivors' stocks are tradingupwards of a buck a share.
Locally, some private companies are faring much better.Bellevue-based Leisure Care Retirement Communities is one thosecompanies.
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