Episode 168 | Uncovering the Truth Behind $8,000 Assisted Living Rooms
In this episode, Brandon dives into the intricacies of assisted living investing, particularly focusing on the financial aspects of Medicaid and how it impacts room pricing. He addresses a viewer's question about the feasibility of offering $8,000 rooms while ensuring quality care. Brandon emphasizes the ethical responsibility of assisted living providers to deliver high-quality services, regardless of the payment source, whether it be Medicaid or private pay. He also clarifies the differences between assisted living and home health care, highlighting the benefits of assisted living facilities, such as social interaction and comprehensive care, which can often be more cost-effective than in-home care.
Chapters
00:00 Introduction to Assisted Living Investing
02:06 Understanding Medicaid and Its Impact
13:04 Comparing Assisted Living and Home Health Care
23:54 The Importance of Ethical Care in Assisted Living
27:14 Setting Standards and Differentiating Your Facility
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