“Senior living communities charging more for the room, less for the care,” by Kimberly Bonvissuto, McKnights Senior Living
Quote:
“Chicago-based senior living market intelligence firm LivingPath team compared more than 2,600 senior living communities that offer either the full continuum of senior living or only offer assisted living and memory care. The analysis covered base rates, per-square-foot pricing, care and medication fees, and ancillary charges. … Memory care followed the same pattern, with higher base rates at full-continuum communities — a private room rate average 9.2% higher at a full-continuum community compared with the rate at an assisted living / memory care-only community, according to LivingPath CEO Jonathan Woodrow.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
Medicaid pays for 17 to 18 percent of assisted living residents. Care to guess which kind of facility they’re in. For choices and access to the best care, prepare to pay privately.