At the end of the day, long-term care facilities are a business, and they want and deserve to make a profit. As with most businesses, one of the best ways to maximize profit is to control costs.
What’s the most expensive cost in long-term care? Staff. And any type of facility — whether it’s assisted living, a nursing home, a life care community, or another — could be made better with more staff. Until every resident has a personal aid, nurse, and physical therapist, there’s always more that could be done. This is why data suggest that, on average, not-for-profit long-term care facilities are higher quality than their for-profit counterparts.
To be clear, these are average effects measured over thousands of facilities in some studies. There are wonderful for-profit facilities and not-for-profit facilities that are poor quality. And sometimes, there is no choice: Not-for-profit facilities are being converted to for-profit ones at an increasing rate, and there may not be any in your community. But in general, it’s a good thing to keep in mind during your search.