Business View Magazine - April 2016 137
remodeling of the assisted living and nursing home
facilities. “We want to think of every need and every
luxurious thing you could possibly want,” she says.
University Village residents are also freed from finan-
cial worry, because the facility guarantees ongoing
healthcare even if their financial resources run out.
Residents purchase an entrance fee – recently re-
duced because of the years-long economic downturn
– plus a monthly service fee for their utilities and all
of the community’s amenities and programs. Should
a resident’s needs change over time, the facility will
cover the difference between their income and their
required healthcare costs. “You’re buying into a long-
term care insurance policy for the remainder of your
life,” says Matthews.
Because the Inn at University Village is a full-service
CCRC that offers short-term rehabilitation, assisted
living, memory care, and skilled nursing care, as well
as a vibrant independent living lifestyle, moving there
could be one of the best choices a senior can make.
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