Data about the average cost for Adult Day Care facilities varies by state, by year, and by research project group. New Mexico’s costs in 2012 and 2014 ranged from a low of $50 to a high of $136 per person/per day (SeniorCare.com, Genworth, and Metlife Market Survey, and National Adult Day Services).
The The link below includes this article with tables containing data detail.
http://newventuresconsulting.net/wp-content/uploads/2017/10/Adult-Day-Care-Cost-Research-Updated-June-2-2017.pdf
Key Research Findings
National average costs are higher than average costs in New Mexico.
- SeniorCare.com – research on average costs for care. NM has range from $54 to $136 per person/per day, with a median cost of $99 pp/pd.
- MetLife Market Survey of Long Term Care Costs, 2012 – Average cost nationally was $70; high of $141 pp/pd in VT and $39 pp/pd in AL.
- Genworth 2014 Cost of Care Survey – National median is $65 pp/pd. The rate range in
- NM in 2014 ran from a low of $50 to a high of $112 per person/per day.
Average national cost in 2016 was $61 pp/pd, in 2016, according to National Adult Day Services.
In 2014, average ADCs had more than one source of revenue. Nonprofits had a greater amount of revenue diversification than did for-profit agencies. Nonprofits averaged 41% from Medicaid and for-profits 65% from Medicaid.
Nonprofits
- % Medicaid Funding 41%
- % Other Government Sources 29%
- % Private Sources (Private Pay and Private Insurance) 21%
- Other
For Profits
- % Medicaid Funding 65%
- % Other Government Sources 16%
- % Private Sources (Private Pay and Private Insurance) 13%
- Other
NMSU’s research on 20 of the 27 ADC programs in NM in 2015 unearthed the following key findings:
- Few ADCs access Medicaid funding, which is accessed more in other states;
- Rural areas are underserved;
- Language barriers exist;
- Average of 28.42 participants with average daily census of 17 participants;
- Start-up costs, reimbursement rates, policy and certification requirements, and maintaining the optimum census represent challenges to ADCs.
Anne Hays Egan, New Ventures Consulting, All Rights Reserved