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Corporate versus Community: Navigating Non-Profit vs For-Profit Senior Residential Care


Before deciding on a senior residential home for yourself or a loved one, it is important to understand the inspiration behind different communities. The purpose of an organization can have a major impact on the level of comfort you feel about the care your loved one is receiving.

resident with hummingbird feeder

THEY ARE OBLIGATED TO THEIR STAKEHOLDERS


More than 80% of assisted living communities are for-profit, either privately owned or part of a large national chain and while they may provide high-quality service and amenities, their primary function is to turn a profit.


“In general, the average for-profit facility has been found to have poorer quality of care relative to the average not-for profit facility,” says David G Stevenson, an associate professor of health policy at Vanderbilt University Medical Center in Nashville. “That’s been shown in previous studies over many years really looking at a variety of indicators, whether it’s that they tend to have lower staffing, whether they tend to have worse quality scores, worse inspection ratings – things like that”.


WE ARE OBLIGATED TO OUR RESIDENTS


“Consumers need to look at individual facilities on their own merit,” says Debra Lancaster, ED of the Center for Women and Work at the Rutgers School of Management and Labor Relations, “because the evidence suggests that residents have better outcomes in facilities that are owned by non-profits, that’s certainly a good place to start”.


La Veta Village, Inc is a non-profit 501(c)(3) whose mission is spirited by dedication and compassion. Our focus is to create a vibrant, welcoming community you would be happy to call home.



References:

Aviva Senior Living News, October 12, 2020

Chelsea Sayegh, Freelance Marketing Consultant, August 24, 2019

Michael O Schroeder, USNEWS & World Report, October 30, 2018

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