The Positive Financial Benefits of Becoming a Montessori Inspired Lifestyle® Credentialed Residence

In case you’re wondering…there is definitely a return on investment (ROI) in implementing person-centered care with activity adaptation for residents with dementia, and here are some points to back up that statement:

• By providing person-centered care and adapting activities for people with Alzheimer’s and other forms of dementia, your LTC facility will develop a reputation for delivering high-quality, compassionate care. Positive word-of-mouth and reviews from satisfied families can attract more residents and increase occupancy rates.

• Person-centered care that focuses on meaningful activities enhances the overall experience for residents, leading to higher satisfaction levels and greater engagement. Higher resident satisfaction contributes to longer stays for residents, reducing resident turnover and the associated costs of transitioning new residents.

• Implementing activity adaptation will result in fewer behavioral challenges among people living with dementia. This, in turn, reduces the need for additional staff resources and interventions for managing agitation, wandering, and other challenging behaviors.

Montessori Inspired Lifestyle® – Benefits for Staff and Families

• Person-centered care improves the work environment for your staff, as they see the positive impact of their efforts. Reduced stress and increased job satisfaction can lead to lower burnout rates and reduced staff turnover. This, in turn, reduces costs associated with hiring and training new employees.

• Engaging families in care decisions and activities fosters trust and appreciation for your LTC facility. Families are more likely to choose a facility that prioritizes the well-being of their loved ones, resulting in increased referrals and a positive reputation within your community.

• Meaningful activities and personal relational care can lead to decreased reliance on medications for managing behavioral symptoms. This will result in cost savings related to pharmaceutical expenses.

 Montessori Inspired Lifestyle® – Differentiation and Opportunities

• LTC facilities that provide excellent person-centered care and activity adaptation are more likely to receive positive evaluations from regulatory agencies. Meeting and exceeding regulatory standards can result in financial incentives and reduced risk of penalties.

• As the demand for high-quality dementia care grows, LTC facilities that implement person-centered approaches and activity adaptation will stand out in a competitive market. Being a leader in dementia care you can attract more residents and maintain a competitive edge. 

• Some grants and funding opportunities may be specifically targeted towards initiatives that improve dementia care and resident well-being. Implementing person-centered care can make your LTC facility eligible for such funding, further supporting ROI.

• Low investment costs might be required to train staff, modify facilities, or implement new programs. However, the long-term cost savings resulting from improved resident outcomes, higher occupancy rates, and reduced turnover can lead to a positive ROI over time.

 

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