What type of community is Pennybyrn?
Pennybyrn is a Full-Service Continuing Care Retirement Community in the heart of the Piedmont Triad area of North Carolina. The 71-acre campus is centrally located and offers a mature, treed environment conveniently located between Jamestown, High Point, and Greensboro. Spacious apartment and cottage residences, along with a community and wellness center, provide a world of services and amenities just beyond your front door. Pennybyrn offers security and peace of mind with priority access to Assisted Living, Memory Support, Adult Day, Transitional Rehabilitation, and Healthcare Households.
Who can move to Pennybyrn?
Adults 62 years of age and over who are seeking a carefree and convenient retirement lifestyle are welcome. Pennybyrn is open to people of every race, creed, national origin, and religion.
What is a full-service Continuing Care Retirement Community?
Full-Service Continuing Care Retirement Communities, also known as Life Plan Communities, provide a residential lifestyle as well as wellness and healthcare services over a resident’s lifetime. A contract between the resident and the community provides priority access to progressive levels of assistance if needed.
Who owns Pennybyrn?
Pennybyrn is owned by Maryfield, Inc., a not-for-profit corporation which was founded in 1947 by a Catholic Congregation of Sisters from Ireland and England known as the Poor Servants of the Mother of God. Beginning as a 22-bed nursing home in 1947, it has grown into a spectacular full-service retirement community.
What kind of apartments and cottages are available?
Apartment homes range from 770 square feet to 1,700 square feet and Cottage homes range from 579 to 1,975 square feet. Pennybyrn offers a wide variety of floor plans from one-bedroom and one bath to two-bedroom, two and a half baths with den. Entrance Fees and Monthly Service Fees vary by floor plan.
What types of services and care are provided by Pennybyrn?
Retirement Living – Designed for retirees who wish to continue their active, independent lifestyle. A variety of services and amenities are offered, including housekeeping, maintenance, flexible dining options, the wellness program, and an enriching social calendar.
Assisted Living – Available for the resident who needs help with some activities of daily living. Staff is available to assist residents with these activities.
Transitional Rehabilitation – Provides temporary therapy and nursing care following surgery, an illness, or other type of hospital stay. Residents return home following a stay in Pennybyrn’s Lillian Congdon Transitional Rehab Center.
Health Care Households – Skilled nursing care that goes far beyond the services of traditional facilities in a familiar environment that feels like home.
Memory Support – Encourages resident choice and individuality while ensuring a safe environment for those requiring an extra level of security
Adult Day – Offers a warm, engaging environment designed to enrich the lives of older adults while offering respite and support to their caregivers.
What type of fees do residents pay?
Residents pay a one-time Entrance Fee, as well as a Monthly Service Fee. The Entrance Fee is based upon the residence selection. The Entrance Fee provides the resident with a commitment from Pennybyrn for priority access to all levels of care and services provided on the campus. The Entrance Fee also entitles the resident to 15 “grace days” annually, with a maximum accrual of 45 days. Grace days provide services above those covered by Medicare or a third-party insurance for a Retirement Living resident in a Health Care residence.
Do I get any of the Entrance Fee back?
Entry Fees amortize at 2% at occupancy and an additional 2% for 49-months. After 49-months of Pennybyrn residency there is no refund of the Entrance Fee paid. Prior to 49-months, refunds are payable based on the amortization schedule and according to the timeline and conditions noted in the original residency agreement.
Do I have to pay for everything now?
A 10% deposit will provide priority placement on Pennybyrn’s Ready Resident List. The balance of your Entrance Fee is due within three months of the availability of your selected floorplan and prior to move-in.
What happens if I run out of money?
As part of the application process, we will ask for certain basic financial information to ensure that residents of the community have the resources to pay for ongoing service. This is to protect you and the community. Once financially approved, residents are assured of lifetime residency, including any needed service that Pennybyrn provides.
Are pets welcome?
Yes. Pennybyrn is a pet-friendly community. While certain restrictions may apply, Pennybyrn recognizes that pets are part of your lifestyle and part of your family.