Senior Housing News October 30, 2024
Determining the right cost of senior living units has never been a simple exercise. But looking ahead to 2025, it is among the top areas of focus that Anthem Memory Care CEO Isaac Scott thinks the industry should look into.
West Linn, Oregon-based Anthem, a memory care operator with 22 communities across the U.S., previously had all-inclusive rates for its units. That has “gradually evolved” in the last decade-and-a-half, Scott recently told Memory Care Business.
“A lot of our effort this year and going into 2025 is restructuring our pricing,” he said. “We’re moving … to six levels of care, and trying to make sure that for that lower acuity resident, we have something that’s price competitive.”
As he surveys...