Let’s talk Assisted Living payments! 💰 When you own an 🏠assisted living, you can accept Private Pay or Community-Based Waiver (Medicaid) residents — and knowing the difference matters. 👑 Private Pay: Residents or their families pay directly out of pocket. You set your rates, get paid on time, and have full control over pricing and care levels. ✅ More flexibility, less paperwork. 🏥 Community-Based Waiver (Medicaid): The state helps cover care costs for residents who qualify financially. It’s
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Let’s talk Assisted Living payments! 💰 When you own an 🏠assisted living, …
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What happens when your parent runs out of money in assisted living? This is one of the most stressful situations families face, and most people don’t realize how limited their options can be once the money starts to run low. Most assisted living communities are private pay, which means Medicaid usually isn’t an option there. When funds run out, families often have to look at other settings that accept Medicaid. Here’s what many families don’t realize until they’re already in it: if your parent w
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