Home Caregiving vs. Memory & Company Hotel & Licensed Retirement Home
Feature | Home Caregiving | Memory & Company Hotel & Licensed Retirement Home |
---|---|---|
Provider | Human Resource Company | Memory Care Experts |
Regulation | Not regulated | Regulated by Retirement Home Regulatory Authority |
Living Situation | Client’s apartment/house | Private studio suite in Memory & Company facility |
Cost Structure | Pay per hour for services, with minimums | All-inclusive daily rate |
24-Hour Care Cost | ~$912/day | Included in daily rate (starting at $350/day) |
Accessibility | Varies depending on the home | Fully accessible, single floor |
Housekeeping/Laundry | Client responsibility | Included in stay |
Activities of Daily Living (ADL) Assistance | As assigned and purchased | Full assistance included |
Meals | Client responsibility (planning, shopping, cooking) | Prepared by executive chefs, 3 meals & snacks included |
Caregiver Management | Client responsibility (hiring, training) | Memory & Company manages staff |
Nursing Care | Additional fee (typically ~$58/hour) | Included in daily rate (licensed nurses) |
Medication Management | Client responsibility (high risk of errors) | Managed by licensed nurses and pharmacy consultants |
Medical Appointments | Client responsibility | Memory & Company assists with scheduling |
Activities & Socialization | Limited options | Premium Day Program with social activities |
Dementia Care Knowledge | Varies by caregiver | Staff are experts in Memory Loss |
Professional Services | Not included (client arranges) | Many services available on-site (additional fees may apply) |
Safety | Client responsibility | Secured environment with staff monitoring |