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Concordia at Cabot - Concordia at The Orchard - Concordia at Rebecca Residence - Concordia at Ridgewood Place
Concordia of the South Hills - Concordia of Cranberry - Concordia of Fox Chapel
CONCORDIA OF THE SOUTH HILLS
MONTHLY RATES
Effective: 1/1/12
|
Basic Level Monthly Fee |
|
| Deluxe Studio |
$3,964.00 |
| One Bedroom Apt. |
$4,345.00 |
| Memory Support |
$5,342.00 (levels of care do not apply) |
LEVEL OF CARE
| Level 2 |
add $320.00 per month to the above rates |
| Level 3 |
add $630.00 per month to the above rates |
| Extra Person Fee |
$1,147.00
(Basic Level) |
| Respite Care |
$153.00 per day |
| Supplies |
Extra charges apply |
Room rates are subject to change with thirty days prior notice.
SCHEDULE OF ENTRANCE FEES AND MONTHLY FEES
Effective: 1/1/12
| |
80% Refundable Plan |
Rental Plan |
Amortizing Plan |
| |
Entrance Fee |
Monthly Fee |
Non-Refundable Deposit |
Monthly Fee |
Entrance Fee |
Monthly Fee |
| One Bedroom Unit |
|
|
|
|
|
|
| Traditional |
$99,000 |
$1,080 |
$25,000 |
$1,640 |
$72,000 |
$710 |
| Deluxe |
$127,000 |
$1,230 |
$25,000 |
$2,050 |
$92,000 |
$860 |
| Custom |
$141,000 |
$1,350 |
$25,000 |
$2,120 |
$101,000 |
$970 |
| with Den |
$156,000 |
$1,690 |
$25,000 |
$2,160 |
$112,000 |
$1,300 |
| Grand |
$162,000 |
$1,790 |
$25,000 |
$2,510 |
$116,000 |
$1,400 |
| Two Bedroom Unit |
|
|
|
|
|
|
| Corner |
$177,000 |
$1,800 |
$25,000 |
$2,510 |
$129,000 |
$1,430 |
| Traditional |
$185,000 |
$1,910 |
$25,000 |
$2,610 |
$134,000 |
$1,510 |
| Deluxe |
$187,000 |
$2,020 |
$25,000 |
$2,720 |
$136,000 |
$1,630 |
| Custom |
$199,000 |
$2,250 |
$25,000 |
$2,920 |
$143,000 |
$1,730 |
| Grand |
$220,000 |
$2,410 |
$25,000 |
$3,150 |
$160,000 |
$1,940 |
| Classic with Den |
$220,000 |
$2,410 |
$25,000 |
$3,260 |
$160,000 |
$1,940 |
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|
|
|
|
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| Second Person |
|
$400 |
|
$185 |
|
$400 |
The second occupant fee is $400 or $185 per month depending on entrance fee option. Monthly fees and second occupant fees are not fixed rates and will increase from time to time.
This model allows resident to choose their desired Entrance Fee and the related Monthly Fee if they are financially eligible.
The minimum age is 68. Applicants under the age of 68 can inquire about special considerations.
MEALS - Each resident is required to purchase 15 meals per month from our dining room.
AMORTIZATION OF ENTRANCE FEES
80% Refundable Entrance Fee
Twenty percent (20%) of the Entrance Fee shall be immediately amortized on the Designated Occupancy Date or occupancy, whichever is earlier. The balance of the Entry fee shall remain unamortized and fully refundable, without interest, upon termination of the Agreement for any reason. The Refund shall be paid in accordance with the terms of this Agreement.
Amortization of the Entrance Fee
Five percent (5%) of the Entrance Fee shall be immediately amortized on the Designated Occupancy Date or occupancy, whichever is earlier. The balance of the Entrance Fee shall be amortized and earned by the Retirement Community at the rate of twenty-four percent (24%) for the first year, eighteen percent (18%) for the second year, eighteen percent (18%) for the third year, twelve percent (12%) for the fourth year, twelve percent (12%) for the fifth year and eleven percent (11%) for the sixth year pro-rated monthly during a period of six years from the Designated Occupancy Date or occupancy, whichever is earlier. All percentages in this paragraph are applied to the entrance fee paid or due upon occupancy. At the conclusion of the six (6) year amortization period, the Entrance Fee shall be earned in full by the Retirement Community.
Rental Entrance Fee
The Rental Entrance Fee is a non-refundable deposit payable to Retirement Community and is not amortized.
DAILY RATES
|
HEALTH CENTER |
| Private Suites |
$273.00 |
| Semi Private Suites |
$229.00 |
Included in the daily rate:
- Room and elegant furnishings
- 24 hour nursing care
- 3 chef-prepared meals (dietary laws observed)
- 24 hour nurse call system
- Social Services
- In-room cable television
- Planned social events and activities
- Housekeeping and laundry services
- Personal telephones
All medications and medical supplies used will be billed to resident on a monthly basis.
Room rates are subject to change with thirty days prior notice. |