Are you or your loved ones struggling with dementia or memory-related conditions? Thinking of moving into a retirement community that offers dementia care but is unsure about the costs? Fret not, here is a guide to understanding the cost of dementia care in Albuquerque, NM.
What Is Assisted Living and Memory Care in New Mexico?
According to New Mexico law, assisted living communities are required to give room and board, as well as assistance with daily living activities and intermittent nursing care. Assisted living communities in New Mexico may not accept individuals who require full-time nursing care. An assisted living community must also possess the following in order to house dementia patients in memory care units:
- Additional activities that are suited for dementia residents
- Increased security to manage and prevent roaming
- Specially trained staff
How Much Does Memory Care Cost in New Mexico?
In 2022, the monthly average price for memory care will be $5,448. The average cost of memory care in New Mexico is the same as the national average. Santa Fe has the highest monthly average price for memory care in New Mexico, at $7,030. Farmington has one of the most affordable prices for memory care at $4,822 per month. The price in Albuquerque is $5,742 per month.
Even though New Mexico is in the middle of the country when compared to the rest of the nation, residents who live close to the east and west borders may have access to a wider range of memory care alternatives at lower costs. For instance, the average cost of memory care is a little lower overall in Arizona and Texas. Texas, to the east and south, costs $4,822 per month, while Arizona, to the west, costs $4,859 per month.
New Mexico Assisted Living Laws and Regulations
Following 15 days of moving into assisted living in New Mexico, a resident evaluation is necessary. This is done to ascertain the degree of support and care required, as well as whether the home is a good fit. The evaluation sets a baseline of the patient’s functional status and is carried out by a medical practitioner who works for the community. It must be updated every six months and include important information such as:
- Cognitive abilities
- Physical abilities and skeletal problems
- Incontinence
- Medical history
- Nutritional status
- Medications used
A critical first step in creating a personalized treatment plan is evaluation. Team members will be able to comprehend your loved one in this case and understand how to keep them safe, healthy, and engaged. The cost of this evaluation may be covered by the basic charge or it may be a one-time community fee that goes toward the cost of the initial move-in. Typically, community fees range from $1,500 to $2,500.
About Memory Care at Morada Albuquerque
Thinking of moving into a Memory Care community? Choose Morada Albuquerque. We offer a variety of high-quality amenities and exclusive senior living programs that is sure to keep your loved ones healthy and happy. For more information, contact us today.
