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Chapter 1

The document introduces a proposed feasibility study for an assisted living facility in Aklan Province, Philippines. It discusses the need for assisted living due to an aging population, outlines the services and amenities an assisted living facility can provide seniors, and notes the lower costs of facilities in the Philippines. The proposed project, DMDC Medical Home Services, will provide personalized care and social activities for independent seniors requiring some daily living assistance. It will be organized as a partnership and located in Estancia, Kalibo, Aklan.

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11 views5 pages

Chapter 1

The document introduces a proposed feasibility study for an assisted living facility in Aklan Province, Philippines. It discusses the need for assisted living due to an aging population, outlines the services and amenities an assisted living facility can provide seniors, and notes the lower costs of facilities in the Philippines. The proposed project, DMDC Medical Home Services, will provide personalized care and social activities for independent seniors requiring some daily living assistance. It will be organized as a partnership and located in Estancia, Kalibo, Aklan.

Uploaded by

some random dude
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Chapter 1

Introduction to Feasibility Study

Project Background and Rationale

As the population ages, more and more individuals seek

specialized care for their elderly loved ones. Assisted living

facilities offer a safe and secure environment with round-the-

clock supervision and medical attention to meet the needs of

those who require special assistance. In addition, they provide

various activities that help keep seniors engaged and socially

active.

An assisted living home or residential facility is actually a

temporary housing facility intended for those with special needs or

for senior citizens who either cannot or do not wish to live on their

own. The term assisted living refers to housing that is specifically

designed to meet the individual needs of older adults who are in need

of assistance in maintaining a comfortable lifestyle. This is

particularly important when it comes to seniors who seek to maintain

independence over placing unnecessary burdens on their loved ones.

Then again, senior citizens are at an increased risk for developing

physical and/or mental health problems, and this can have adverse

effects on their ability to live a life independent of others.

Additionally, they tend to develop Alzheimer’s or other memory-related

diseases as a result of living on their own. This can make it


extremely difficult for them to retain information for any length of

time.

Assisted living provides seniors access to 24-hour medical

supervision and assistance from trained professionals. This

includes help with daily activities such as bathing, dressing,

medication management, and meal preparation – all of which make

life easier and safer. The level of support available varies

depending on the individual’s specific needs. Still, the

commitment to providing quality care that meets each person’s

unique requirements remains consistent across all types of

assisted living facilities.

There are a wide variety of assisted living facilities available

in the Philippines and around the world. Most facilities are designed

to meet the needs of the elderly, disabled, and physically challenged.

However, there are also some assisted living homes that are specially

designed for those who do not have disabilities.

Finally, one significant advantage of choosing an assisted

living facility in the Philippines is cost savings. With lower

operational costs than other countries, Filipino establishments

offer excellent value for money while maintaining high safety and

comfort standards. In addition to these financial benefits,

families gain peace of mind knowing that their loved ones are
receiving round-the-clock attention from experienced personnel in

a safe environment tailored specifically to meet their needs.

The province of Aklan is one of the provinces in Panay

Island. Based on the latest 2020 Philippine Statistics Authority

Population Census, the province has a total of 66, 039

individuals aged from 60 years old and above. That is 11% of the

province’s total population of 615, 475. Since the rapid change

of lifestyle happening in the country and the constant search for

convenient living even among the aged populations, the proponent

saw an opportunity to propose an assisted living facility in the

Province of Aklan.

Objective of the Study

The general objective of the proposed project is to

determine the management, marketing, technical, financial and

social feasibility of an assisted living facility in the Province

of Aklan. DMDC Medical Home Services is to provide a sense of

security, freedom, comfort, and convenience to seniors who may have

difficulty completing everyday tasks independently.

Description of the Proposed Project

An assisted living home or residential facility is a temporary

housing facility intended for those with special needs or for senior

citizens who either cannot or do not wish to live on their own. The

term assisted living refers to housing that is specifically designed


to meet the individual needs of older adults who are in need of

assistance in maintaining a comfortable lifestyle. This is

particularly important when it comes to seniors who seek to maintain

independence over placing unnecessary burdens on their loved ones.

DMDC Medical Home Services is for seniors who value their independence,

yet may already need help with activities of daily living such as bathing,

dressing, medication administration and more. The proposed project allows for a

personalized approach for its residents, with freedom to make choices that will

deliver day-to-day satisfaction.

Social stimulation will also be emphasized in the proposed

project where recreational activities will be regularly organized for

residents. In comparison, most long-term care provided by nursing

homes focuses primarily on meeting primary health needs without

offering many opportunities for socialization or leisure pursuits. The

proposed project amenities can range from meals prepared by

professional chefs to housekeeping services, transportation options,

beauty salons, libraries, fitness centers, and much more – all

designed to make life easier and enjoyable for its inhabitants.

Type of Business Organization

The type of business organization of the proposed project is

partnership. The proponent will team up with an investor to

finance the execution of the proposed project.

A partnership is a formal arrangement by two or more parties to

manage and operate a business and share its profits.

Business Name
The name of the proposed project is DMDC Medical Home Services. The

inspiration of the project name is that it came from the initial of the

proponent.

Business Logo

Business Location

The proposed project will be located at Estancia, Kalibo, Aklan.

The purpose of the proponent in selecting the location is that it is

close to her resident. Other factor also includes data from the latest

2020 Census of Population and Housing by Philippines Statistics

Authority that the Province of Aklan has 11% of population ranging

from 60 years old and above.

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