When it comes to senior housing facilities, there are generally two types: Big Box and Residential Assisted Living facilities. Here are some of their main differences. Big box facilities feel like a hotel. They try, but it is hard to get that homey feel in a facility for hundreds of people. Residential assisted living homes are single-family homes converted to house a few seniors.
One obvious difference is one is big while the other type of facility is small. This difference plays a big part in the caregiver ratio, which is the number of staff compared to residents. In a small facility an average ratio is 10 residents to 2 caregivers, very reasonable. In a big box facility, the ratio is closer to 20 residents to 1 caregiver. Big box facilities have more people for residents to interact with, while smaller homes offer more freedom.
The cost difference is notable as well. Smaller facilities generally charge a reasonable flat rate for residents. Big box facilities charge a monthly rate and bill additional services. Looking outside, small homes are in a residential neighborhood while their bigger counterparts are commercial buildings surrounded by parking lots. One fe els institutional, one is a home.
Go here for more information:
http://www.assistedlivingnetwork.com
🎓 Ready to turn your passion into profit? Join Isabelle Guarino’s private Skool community to learn how to launch, run, and grow your own residential assisted living business. Get access to exclusive trainings, expert Q&As, and a like-minded community all in one place. Start learning today! → https://www.skool.com/ralacademy/about
Subscribe Wherever You Enjoy Your Podcasts
Apple Podcasts: https://impct.live/applepodcast
Spotify Podcasts: https://impct.live/spotifypodcast
More Listening Options: https://impct.live/alnetworkpodcast
