A case study on how one memory care community came to dominate the marketplace.
Investors, developers and operators are in love with memory care. It feels something like the California gold rush where between 1848 and 1855 at least 300,000 people made their way to Northern and Central California fueled by rumors of gold just lying in creeks ready to be plucked by whoever got there first. There were a few people that made a lot of money, some from gold and others from selling stuff to gold seekers, but for most, it was a huge bust . . . I am worried that memory care could turn into something like the gold rush. Memory Care Success There are two keys to being successful at developing, owning and operating memory care communities. The first is selecting the right site in the right marketplace. The second and ultimately more important is that you need to have a great program and an effective marketing strategy. I recently spent some time talking to the folks at Sage Age Strategies about the work they did with one of their memory care clients to assist them in becoming the premier memory care community in their marketplace. Here’s what they did:
- The core goal: Create deep relationships with those people who are caring for individuals with dementia at home. The vehicle for accomplishing this was to become the most trusted, valuable caregiver resource hub in the local marketplace.
- This approach required two important philosophical underpinnings:
- An understanding that this is a long- term strategy, which means a move-in might be months or even years into the future.
- The resources need to be provided unconditionally. In other words, they need to be a resource for all caregivers, even those who are unlikely to move their loved into the community.
- The first step involved Sage Age working with the memory care staff to gather local and industry resources that would be helpful to caregivers.
- The second step was doing local market research to uncover specific local needs.
- An important component of that market research was to identify local experts who could be utilized to train staff, do presentations to caregivers and be available to serve care givers who are still providing home based care.
- The final step was to train marketing and life enrichment staff to be able to make presentations to the public that addressed the needs of home caregivers. This included Sage Age providing training and visual aids to support these presentations.
Implementation and Results
With the stage set, Sage Age created an informative multimedia campaign that included print, online, direct mail and social media to tell the community about these resources. The specific resources included literature, expert presentations and support groups. The final element was to collaborate with the memory care community staff to engage in both qualitative and quantitative assessments of the entire process. This campaign succeeded in establishing the memory care community as the “go to” resource for all family members faced with the daunting task of caring for someone with dementia. What has been particularly gratifying is that not only have family members turned to the client-community for help, but local referral sources that traditionally try not to play favorites, are now recommending this Sage Age client. Have you been able to establish your community as a local senior expert? How have you done it?
Great article, Steve. Thanks for the reminder… I’ve read compelling studies on marketing, no matter your industry… it’s vital to be seen as the authority in the market you serve.
My point on this issue is this: why are we allotting so many time and money on memory care and not on the cure where memory care rooted into? I’ve read on link removed by editor a couple of months ago that since dementia-sufferers are among the leading patients who need/use long term care, why not focus on the disease itself and eradicate the entire issue? Makes sense?
Since the link did not go to a specific relevant site it has been removed. I am glad to have thoughtful conversation but not to just be a link building vehicle. – Editor
Thanks Steve for hi-lighting the value and the steps taken by this community. It is vital that local owners get out of their homes and develop relationships with the local service providers that can be an asset to their residents, their families and the staff in the community. Many areas have monthly networking events for senior professionals or educational seminars when owners can start to meet resources that can lead to education as well as referrals.
Steve, thank you for the article. At JCH, we have felt the memory gold rush for sometime now. When touring a facility, most Investors, developers and operators are looking for a good floor plan for the development of memory care unit. The MCU has become an important part of their underwriting and projections for the future.
As a memory care marketer, I found the Cedar Run Cottages’ pre-opening virtual tour to be an excellent tool. I’m not a fan of virtual tours of established communities because I know they can actually discourage someone from taking an actual tour. The concern that came up for me watching the video has been articulated in previous comments, namely there seems to be little or no mention of care for late-stage residents. Several years ago, when I worked for Silverado, we implemented three “neighborhoods” at many of our communities, only with the focus on early-middle-late stage residents. Perhaps Cedar Community, as a non-profit CCRC, plans to move late-stage residents into SNF. I know my current memory care clients will enjoy seeing this site. Thank you, Steve!
Great article and I could not agree more. The key is to make the community aware of what support there is. I work for a long term care facility with a memory unit. We have a fine unit and it is full. We also have a support group that meets monthly. We communicate via the newspaper and also a mailing list. We do not inundate the public but we keep enough information going out to keep the interest up. We are available to the public should they have questions about our facility or want to have a walk through to see what we have to offer. We too understand that it is important to keep loved ones home as long as possible but when that transition is necessary, we are available to help and support.
Good article and I am going to print it and bring it to work with me so it can be shared.