Unlocking Financial Freedom: The Staffing Hack That Transforms Memory Care Mansions

Tuesday, December 31, 2024

Primary Blog/Assisted Living /Unlocking Financial Freedom: The Staffing Hack That Transforms Memory Care Mansions

Brett Chotkevys

Running a memory care mansion with minimal staffing expenses while delivering top-tier services might sound impossible—but it isn’t. This innovative model can not only keep costs down but also generate impressive profits, revolutionizing the assisted living niche. Let’s dive into the "staffing hack" behind this game-changing strategy.

What Makes Memory Care Mansions Unique?
Traditional large-scale assisted living facilities often have extensive payrolls, employing medical professionals like nurses, doctors, and support staff. While this approach ensures comprehensive care, it comes at a significant cost, which is often passed down to residents and their families.

Memory care mansions flip the script by offering all the same amenities and services as large facilities—without the bloated payroll. The secret lies in leveraging outside services instead of hiring full-time, highly specialized staff.

The Staffing Hack: Fewer Employees, Bigger Impact
At the core of this model are three essential in-house positions:

Managers
Handle administrative tasks.
Ensure seamless operations.

Caregivers
Provide non-medical support like assistance with daily activities (eating, bathing, toileting, etc.).

Chef
Prepares meals five days a week, with prepped options for off-days.

By focusing solely on non-medical roles, memory care mansions reduce liability, insurance costs, and payroll expenses.

Leveraging Outside Services
Here’s where the hack shines. Memory care mansions bring in 10+ external service providers, including:

Home health aides
Hospice staff (chaplains, nurses, shower aides)
Doctors and physician assistants
Pharmacy delivery services
Salons and barbers
These professionals deliver specialized care while remaining off the payroll. Residents benefit from personalized, high-quality services comparable to (or better than) large facilities without the mansion owner incurring direct employment costs.

Profitability: A Model Built for Success
This staffing model creates a significant profit gap. By maintaining:

Medium expenses: With a streamlined in-house team and outsourced services.
High income: Charging comparable rates to large facilities.
The result? Profits of $40,000 to $50,000 per month per mansion—a level of financial freedom that transforms lives.

Why This Model Works
Intimacy & Customization: Smaller resident numbers (typically 16) allow for tailored care in a home-like environment.

Efficient Scaling: Lower turnover and fewer rooms to fill ensure steady, predictable income.
Long-term Equity: Custom-built mansions hold millions in equity, creating lucrative exit opportunities.
Get Started: Resources & Free Training
Ready to explore this life-changing model? Visit AssistedLivingMansion.com for free training courses, step-by-step guides, and expert insights into creating your first mansion.

Share the Wealth of Knowledge
If you found this strategy inspiring, share it! Empower future entrepreneurs to achieve financial freedom and build their own profitable memory care mansions.

​Let’s redefine assisted living together.