Cost & Insurance Information: Financial Clarity for Senior Care at The Ivy
At The Ivy at Davenport, we believe in transparent communication - especially when it comes to the cost of care.
Families in Davenport and the Quad Cities deserve clear, upfront answers about Medicare, Medicaid, and private pay options so they can make informed decisions about senior care cost with complete confidence. Choosing a senior care facility is a complex emotional and financial process, and our dedicated admissions team is here to simplify the financial aspects for you.
Understanding the Cost of Senior Care
The cost of senior living varies depending on the specific level of care your loved one needs. At The Ivy, we provide a full continuum of facility-based services. ensuring families only pay for the personalized support that fits their unique situation. Typical factors that influence the total cost of care include:
Level of Care Required: Whether the resident needs daily assistance in assisted living or requires 24/7 licensed medical attention in skilled nursing.
Length of Stay: Costs differ significantly between short-term care and indefinite long-term support.
Accommodation Choice: The decision between private or semi-private accommodations directly impacts the room and board component of the cost.
Insurance and Funding: The combination of Medicare coverage Davenport, Medicaid, private insurance, or self-pay arrangements available to the resident.
Ancillary Services: Specific needs such as specialized dietary requests, extra transportation, or dedicated one-on-one companionship services.
Under new management by IVY Healthcare, with meaningful investments in staff, facilities, and family partnerships
Comprehensive Medicare Coverage
Medicare, the federal health insurance program, is a vital resource for families accessing short-term recovery services. It is important to note that Medicare does not cover indefinite long-term care; however, it may cover short-term skilled nursing and rehabilitation services after a qualifying hospital stay.
Coverage typically lasts up to 100 days, depending on medical need and progress. Our admissions team specializes in navigating Medicare coverage Davenport and will guide you through all eligibility criteria and necessary paperwork.
Room and Board
Specifically in a skilled nursing facility setting during the recovery phase.
Skilled Nursing Services
Services provided by licensed nurses and medical professionals.
Therapy Services
Comprehensive physical, occupational, and speech therapy as required by a physician's order.
Medical Supplies
Necessary medications, equipment, and supplies related to the treatment plan.
Navigating Medicaid for Long-Term Support
Medicaid is a joint federal and state program designed to help families with limited income and assets cover necessary long-term care financing and services, filling the gap by covering costs that Medicare does not
At The Ivy at Davenport, we proudly accept Medicaid for long-term care in several areas of our facility, including long-term skilled nursing care, where Medicaid serves as the primary funding source for extended or indefinite stays requiring 24/7 medical supervision; assisted living support, where Medicaid may assist with certain costs depending on individual eligibility and specific waiver programs available in Iowa; and supportive care for dementia, where Medicaid can fund long-term supportive care received within our assisted living or skilled nursing settings, even though we do not operate a separate memory care unit. Our financial counselors provide compassionate assistance to families applying for Medicaid, helping them understand their benefits and ensuring residents receive continuous care without unnecessary financial stress.
Private Pay & Insurance Options
For families who do not qualify for, or prefer alternatives to, government assistance, The Ivy at Davenport accepts a range of private funding solutions.
We work with private health insurance plans, coordinating benefits verification and claims submission with many major carriers to maximize coverage, and we assist with long-term care insurance policies, leveraging dedicated benefits to cover services. Private pay arrangements are also available, offering families the greatest flexibility in choosing services and accommodations, such as private rooms, with personalized payment plans designed to balance quality care with each family’s budget.
Clear, Upfront Information
We provide detailed cost sheets and explain all fees before admission, ensuring there are no surprises.
Expert Financial Guidance
Our team provides hands-on guidance through complex financial paperwork, from insurance approvals and benefit verifications to the challenging Medicaid application process.
Flexible Accessibility
We are committed to making quality care accessible by coordinating multiple payment sources to find a sustainable financial solution.
Compassionate Support
Our financial team prioritizes dignity, working with you confidentially and empathetically, ensuring financial concerns never overshadow the focus on resident safety and peace of mind.
FAQs About Cost & Insurance
Our Commitment to Financial Clarity
At The Ivy at Davenport, we know cost is one of the biggest concerns for families - and we are here to provide answers, not confusion. Our goal is to ensure every family understands their options and feels completely confident in choosing care that is both compassionate and financially sustainable.