Contracts and Pricing

The lifecare agreement that you will receive as a resident of Waverly Heights will provide comfort, security and the knowledge that you will have the highest quality of care, should you need it. We offer unlimited access to personal care in Windsor, memory support in Devonshire, and skilled nursing in Muirfield. Your admission to these areas is provided with no increase in monthly fees.

Fees

Residents pay a one-time Occupancy Rights Fee and non-refundable Contract Fee upon entry to the community and an ongoing Monthly Fee thereafter. The amount of the Occupancy Rights Fee and Monthly Fee is based on the size of the apartment or villa and the number of occupants. The range of rates based on single occupancy are:

  • Occupancy Rights Fees $221,000 to $1,026,000
  • Monthly Fees $3,338 to $9,105
  • Contract Fee $17,500 per person

Contracts

Waverly Heights offers two contract types: Traditional Lifecare and Modified Healthcare.

Traditional Lifecare Contract

Waverly’s Traditional Lifecare contract is commonly referred to among CCRC’s as a Type A, or Full Life Care Contract. Under this contract, the resident pays an Occupancy Rights Fee, non-refundable Contract Fee and an ongoing Monthly Fee. It provides routine nursing and personal care services in the Waverly Heights Health Care Center without an increase in the monthly fee.

Modified Healthcare Contract

Waverly’s Modified Healthcare contract is commonly referred to among CCRC’s as a Type C, or Fee-For-Service Contract. Under this contract, the resident pays an Occupancy Rights Fee, a non-refundable Contract Fee and an ongoing Monthly Fee. While it provides routine nursing and personal care services in the Waverly Heights Health Care Center, the cost of these services is not included in the monthly fee and are paid for under the published per diem rates.

Recovery of the Occupancy Rights Fee

Under both the Traditional Lifecare and Modified Healthcare contracts, residents have the option to recover 100% of their Occupancy Rights Fee or 50% of the Occupancy Rights Fee when the Agreement terminates.

Contact the Waverly Heights Marketing Department for detailed information.