Page 2 of Best Assisted Living in Mount Pleasant, SC

From substantial losses in 2020, South Bay at Mount Pleasant has executed a significant financial recovery. The 150-bed Mount Pleasant nursing home, privately operated and accepting Medicare and private-pay residents, generated $25.4 million in 2023 revenue; ranking tenth among South Carolina’s nursing homes and representing extraordinary growth from $4.5 million in 2020. Net income improved from negative $4.3 million in 2020 to negative $625,300 in 2023, demonstrating a trajectory toward operational sustainability. Profit margin moved from negative 95 percent to negative 2.5 percent over the same period.

The facility operates as a short-stay post-acute rehabilitation center. Current occupancy of 56.2 percent reflects ongoing growth from 34.8 percent in 2020, though it remains 26 percent below South Carolina’s state average of 82.1 percent. Admissions divide equally between Medicare (50%) and private-pay (50%) sources, with Medicare patients typically staying 22 days and private-pay residents remaining 2 to 3 months. This payer structure excludes Medicaid entirely. Average length of stay across all residents measures 21 days.

The residential environment includes on-site dining, salon and barber services, transportation, wellness programming with structured classes, housekeeping and laundry support, and volunteer engagement opportunities. Grab bars and emergency notification systems support safety.

Minimum residency age is 55 years.

Monthly pricing begins at $7,000.

A significant cost structure distinction emerges in payroll allocation. Annual payroll reaches $9.6 million, ranking nineteenth among South Carolina nursing homes in absolute spending and indicating substantial staffing investment. However, payroll represents only 37.9 percent of total revenue, ranking ninety-ninth among 116 state facilities and falling substantially below the 53 to 64 percent range characteristic of efficiently-operated South Carolina nursing homes.

The facility reported no federal penalties in the past three years.

Daily operational economics show revenue at $720 per resident per day against costs of $764, indicating marginal pressure on per-diem sustainability even as overall profitability trends toward breakeven.

South Bay at Mount Pleasant functions as a short-stay post-acute rehabilitation nursing home in an active recovery phase, with high revenue generation, decreasing losses, and ongoing occupancy development toward state norms.

Overview of Franke Home at Seaside

Nestled amidst the breathtaking scenery of Mount Pleasant, South Carolina, Franke at Seaside emerges as an idyllic haven for older adults seeking an active and worry-free future. residents find peace in the assurance of a comprehensive continuum of care, providing a safety net encompassing independent living, assisted living, skilled nursing, memory support, rehabilitation, and more.
Set against beautiful lagoons, seniors can embrace a wealth of services and amenities that nurture cherished hobbies and inspire new adventures. Operating as a non-profit ministry, Franke at Seaside is deeply committed to enriching the lives of its residents, clients, and patients.

Dedicated to the mission of enabling seniors to age gracefully within the familiarity of their own homes, Mt. Pleasant Comfort Care stands as a pillar of exceptional in-home care. This assisted living community consistently delivers high-quality senior care to serve the communities of Mount Pleasant and North Charleston.
Their commitment extends beyond the traditional bounds of personal and companion care services, specializing in offering tailored solutions, including Alzheimer’s and dementia care, respite care, transitioning home care, and end-of-life care. Their unique approach to home care, known as Interactive Caregiving, sets them apart, promoting physical and mental well-being and ensuring that seniors receive essential care, meaningful companionship, and support on their journey to comfortably at home.