Financial Planning for
Spring Valley Memory Care
Beyond priceless peace of mind, Memory Care can be more cost-effective than your loved one remaining in their home. We understand that financial considerations are a significant part of this transition, and our goal is to provide clear, reassuring information to help you plan confidently.
How Much Does
Memory Care Cost?
The cost of Memory Care at Spring Valley depends on the individual’s needs and required level of care. Before a new resident moves in, we conduct a comprehensive assessment to ensure we tailor our services to provide the best possible support and value.
Our all-inclusive monthly fee typically covers:
- Housing: Comfortable and secure accommodations
- Meals: Delicious, chef-prepared meals served daily
- Care Services: Personalized assistance with daily activities, medication management, and more (based on assessment)
- Housekeeping: Regular cleaning and linen services
- Activities & Programs: A vibrant social, recreational, and wellness calendar
Request a Personalized Assessment
Memory Care vs. Homeownership: A Cost Comparison
Many families are surprised to discover that the “all-inclusive” nature of Memory Care can often be more financially predictable, safer, more life-enriching, and less burdensome than the ongoing costs of homeownership for their loved one. When comparing, consider these everyday expenses associated with maintaining a home in Las Vegas:
- Mortgage or Rent Payments
- Property Taxes
- Home Insurance
- Utilities: Electricity, gas, water, internet, cable, trash removal
- Home Maintenance & Repairs: Unexpected expenses for plumbing, roofing, appliances, landscaping, etc.
- Groceries & Meal Preparation
- Transportation Costs
- Out-of-Pocket Healthcare Expenses
- Social & Recreational Activities
At Spring Valley Memory Care, our comprehensive services help save families time, stress, and often money by consolidating various expenses into one predictable monthly fee. This allows residents to enjoy their golden years with dignity and joy.
Ways to Save on Senior Living Costs
Spring Valley Memory Care provides a variety of ways for families to save:
- Veterans Benefits: We assist families with VA Aid & Attendance applications and coordinate monthly claim paperwork.
- Long-Term Care Insurance: Accepted for Memory Care. We help families complete the monthly paperwork needed to access their benefits.
- Resident Referral Program: Credits are available for referrals—please contact us for details.
State Assistance Programs
We participate in Nevada’s Assisted Living (AL) Waiver program, which helps eligible residents with the cost of care services in Assisted Living or Memory Care (room and board not included). The AL Waiver goals are to:
- Transition eligible residents from nursing facilities into a community-based, home-like setting.
- Prevent institutionalization by providing support for those at risk of needing nursing home care.
If you would like to learn more about the AL Waiver program, please visit NV.gov or contact us. We will be happy to assist you.
Local Resources
The Spring Valley team also coordinates with multiple community organizations to provide added support for families.
Next Steps: Plan Your Future
with Confidence
We invite you to experience the warmth and quality of life at Spring Valley Memory Care.
Our dedicated team is here to guide you through every step of the process. We will help you explore available financial options, answer your questions, and ensure you feel confident and secure in your decision.
