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


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