- Year Established
- Type of Retirement Community
- CCRC/Life Plan
- Name of Parent Organization
- Name of Management Company
- Total Units
- Independent Living Units
- Tax Status
- Community Overview
- Frasier, located in beautiful Boulder, Colorado, is an independent not-for-profit, mission-driven senior living community. The 20-acre Frasier campus features independent living apartments, as well as assisted living, memory support, long-term care, skilled nursing, rehabilitation services, a wellness center, and care for nearly 500 residents. As Colorado’s only CARF accredited Life Plan Community, Frasier has been dedicated to helping seniors enjoy independent and fulfilling lives since 1960.
- Top Resident Hobbies/Interest Residents interests are wide-ranging. The following were selected by staff as the top six among a large list of options.
- Books clubs
- Live music/bands
- Walking/trail walking
- Lecture Series
- Resident committees
- Pets allowed?
- Pet restrictions
- Types of Residential Living Options Offered
- Maximum Number of Bedrooms Offered
- 2 Bedrooms
- Maximum Number of Bathrooms Offered
- 2 Bathrooms
- Range of Floorplan Sizes
- 540 - 1,900 square feet
- Basements/bonus rooms available with any residences?
- Any Current Expansion or Renovation Plans for Independent Living?
- Recently, Frasier has grown to meet the needs of the older adult community. With a robust $100+ million investment, Frasier added 98 independent living apartments (The Prairies); a multi-use arts and education building (The Canyons Center) with movie theater; an expanded and renovated wellness center with a new lap pool; and revitalized and new dining venues and common spaces.
- Other Details about Independent Living
- Frasier’s independent living apartments are spacious, modern, and elegantly appointed, and our two buildings—The Peaks (to the west) and The Prairies (to the east) —offer many lifestyle choices: Stunning views looking west to the Flatiron Mountains and Rockies or gracious views of our beautiful courtyards. Many apartments boast private patios or balconies. Indoor hallways and walking paths outside connect residents to everything Frasier offers.
- Types of Residency Contracts Offered : learn
- Modified (Type B)
- Refund Options (for entry fee contracts) : learn
- Declining Balance Refund, 50% Refund
- Entry Fee Refund Requirements:
- Not Applicable
- Range of Entry Fees- Single Occupancy
- $184,745 - $842,745
- Range of Entry Fees- Double Occupancy
- $246,327 - $842,745
- Range of Monthly Fees- Single Occupancy
- $3,201 - $6,033
- Range of Monthly Fees- Double Occupancy
- $4,526 - $7,358
Pricing Note: These fees are based on the non-refundable Entrance Fee Option. This plan provides 30 days of health care coverage, plus discounts in Assisted Living, Memory Support and Nursing. These fees may be tax-deductible as a medical expense depending on the individual's taxes.
- Additional Note:
- Refunds of Entry Fees are repayable within 180 days after apartment is available to Frasier for re-occupancy. Frasier provides refund when resident transfers to The Summit Health Care Center, deceases from Independent Living or moves.
- Types of Assisted Living Residences Offered
- Studio Apartments, Apartments
- Licensed Assisted Living/Personal Care Residences
- Maximum number of Assisted Living Bedrooms Offered
- 1 Bedroom
- Maximum number of Assisted Living Bathrooms Available
- 1 Bathroom
- Range of Assisted Living Floorplan Sizes
- 297 - 386 square feet
- Is direct entry into assisted living allowed? ⓘDirect entry means that residents who are not currently residing in the community may enter directly into care at the then-current market rates for care.
- Availability of In-Home Assisted Living Services?
- Provided by on-staff caregivers
- Resident may hire in-home caregivers
- Can residents hire their own in-home care in independent living?
- Additional Notes:
- The Meadows Assisted Living at Frasier allows residents to live their lives fully with the care they need when they need it. With 19 custom apartments each for assisted living and memory care, this community is known for its attentive care and close-knit family atmosphere. The assisted living and memory care programs are designed to be all-inclusive in terms of care provided. Supplies are an additional expense.
- Number of licensed semi-private nursing care beds
- Number of licensed private nursing care beds
- Number of licensed memory care beds
- Is healthcare center/nursing care available on-site or off-site?
- Is direct entry into nursing/skilled care available?
- Healthcare center licensing
- Medicare Certified, Medicaid Certified
- CMS Rating for Healthcare Center (as of profile date)
- 5 stars
- Type of Memory Care Availability
- Separately licensed memory care units
- Additional Notes:
- Long considered one of Boulder’s premier skilled nursing centers, The Summit Care Center at Frasier combines attentive, around-the-clock care with modern technology. Our team of registered nurses, licensed practical nurses and certified nursing assistants deliver compassionate care in an intimate setting that carefully follows each resident’s care plan.
- Services and Amenities Offered
The services shown below may be included or available at an additional cost. Check with a member of the staff for details.
- On-site banking
- Beauty salon/barber shop
- Fitness center
- Movie theatre
- Indoor pool
- On-site dentist
- Extra storage space
- Art studio
- On-site physician
- Woodworking shop
- Covered parking
- In-room wi-fi
- Guest rooms
- Gift shop
- Assigned parking spot
- Casual Dining (bistro/cafe)
- Connected health devices/applications
- Jacuzzi/hot tub
- On-site fitness/wellness instructors
- On-site health clinic
- On-site healthcare center
- Ride share concierge
- Scheduled transportation
- Walking/nature trails
- Nearest Hospitals (Within a 15-mile radius)
- Avista Adventist Hospital, UCHealth Broomfield Hospital, Boulder Community Hospital
- Nearest Colleges or Universities (Within a 15-mile radius)
- Naropa University, University of Colorado Boulder
- Additional Notes
Unlike a studio apartment, this floorplan includes at least one-bedroom that is separate from the living area, and possibly multiple bedrooms. A full kitchen may also be available.
State regulated facility offering supportive care to residents who are unable to live independently and require assistance with activities of daily living (ADLs) including management of medications, bathing, dressing, toileting, ambulating and eating.
Contract Type (Residency Contract)
CCRCs offer a variety of contract types that define the costs and services related to the resident's agreement with the community. There are basically five contract types: Lifecare, Modified, Fee for Service, Rental, and Equity. A single community can offer more than one contract type. See below or get additional details on contract types here.
Also referred to as patio homes, this housing option typically includes two or three single-story adjoining homes. Usually larger floorplans than an apartment.
Continuing Care Retirement Communities (CCRCs or “life plan communities'') often require an entry fee prior to occupancy. The entry fee may be refundable at some point in the future. Be sure to read the residency contract for details on refundable entry fees.
This contract involves the actual purchase of real estate or a membership. The level of residential services and amenities included in monthly fees or membership dues will vary by community. The cost of assisted living or nursing care will also vary by community. An equity contract may provide some discount for assisted living or nursing care but others may be fee-for-service.
Fee for Service (Type C)
Residents transitioning from independent living to assisted living, memory care, or nursing care will begin paying the then-current market rate for those services. All other things equal, it offers the lowest entry fee compared to other entry fee arrangements. Communities with no entry fee, but a contractual obligation to provide healthcare are also considered Fee for Service for the purposes of these profiles.
Residents generally lead an independent or mostly independent lifestyle. Independent living is not licensed to provide assisted living or other types of care, although these services may be delivered as in-home care. There are no skilled nursing beds in independent living.
If a community is a part of a broader network of communities, the publicly used name of the CCRC may not be the same as the name of the licensed provider. The licensed provider is the entity that is actually licensed with the state to provide services, if state licensing is required.
Lifecare (Type A)
Residents transitioning from independent living to assisted living, memory care, or nursing care will continue paying the then-current rate for the independent living residence in which they were residing. Requires the highest entry fee relative to other entry fee arrangements. Monthly fees may increase for inflation adjustments or other operational reasons. With this type of contract a resident is essentially pre-paying for health-related services such as assisted living or nursing care that may be needed in the future.
Lifecare (with Equalized Rates)
Residents transitioning from independent living to assisted living, memory care, or nursing care will begin paying a monthly rate equal to the then-current rate of a pre-specified independent living residence, which is typically somewhere in between the lowest and highest priced residences. This means that some residents could pay more when they require care services and others could pay less, depending on what they were previously paying for their independent living residence.
This means the community’s skilled nursing and assisted living facilities are Medicaid certified, and when applicable, accepts Medicaid reimbursements for residents who no longer have the financial means to pay for care themselves. Learn more about Medicaid eligibility.
This means the community’s skilled nursing facility is Medicare certified, and when applicable, accepts Medicare reimbursements. Learn more about Medicare eligibility. Keep in mind that unlike Medicaid, Medicare does not cover non-medical care such as assisted living or custodial care if that is the only care required.
Medicare Nursing Home (CMS) Star Rating
In the case where the skilled nursing facility is Medicare-Certified then the Centers for Medicare Services (CMS) publishes a rating based on a five star rating scale, with five out of five being the best. Learn more about ratings. Learn more CMS star ratings.
A specialized type of care provided to those with varying degrees of dementia or Alzheimer’s. It may be provided in an assisted living community or nursing home. A more comprehensive approach may be found in a memory care facility, designed specifically for those with memory care needs.
Modified Contract (Type B)
Residents transitioning from independent living to assisted living, memory care, or nursing care will begin paying the then-current market rate for those services, less a discount. Alternatively- or additionally- residents may receive a certain number of service days in the healthcare center at no additional monthly charge, before they begin paying the market rate.
If the CCRC is owned by a larger organization, the parent company may have a different name than any of the individual communities that it owns or operates.
A healthcare center or assisted living facility that is private pay does not accept reimbursements from Medicare or Medicaid.
There is no entry fee associated with this type of arrangement. Residential services, amenities, and care may sometimes be less available than an entry fee community. Residents under contract may not be provided guaranteed or priority access to assisted living and nursing care. As with a fee for service contract, the resident will pay for care at the full per diem cost.
Single-site / Multi-site
A community may be a stand-alone organization on a single-site, or may be owned by an organization that operates more than one community; i.e. multi-site.
Skilled Nursing Care
Aside from hospital care, this represents the highest level of care, which may be acute or long-term. The majority of individuals in skilled nursing require 24-hour nursing and/or medical care. In most cases, these properties are licensed for Medicaid and/or Medicare reimbursement, but some are private pay. Skilled Nursing Care facilities may include a minority of assisted living and/or Alzheimer's/dementia care.
A floorplan where the living room doubles as the single bedroom. Usually includes a small kitchen area. Smallest type of floorplan available within a retirement community and is more common in assisted living settings.
This housing option typically includes two or three multi-story adjoining homes. Usually larger floorplans than an apartment.
It is common practice for communities, including single-site facilities, to contract with a professional services firm to manage daily operations. The third-party manager will have a different name from the retirement community.
- Important Disclosure
- While the information contained in this report has been obtained from sources believed to be reliable, its accuracy is not guaranteed. You should verify the information with a representative of the retirement community. MyLifeSite does not accept any liability for any errors or omissions in this report. The information subject to change without notice.
- Sources and Methodology
- The information in this community profile report was obtained directly from a representative of the retirement community featured in this report using an online data collection form. Before activating the profile report on our website, MyLifeSite verifies that the person submitting the information is, in fact, a representative of the retirement community for which the information was submitted. The representative has the capability to update the information anytime, and MyLifeSite encourages them to do so annually, at a minimum, to keep it up to date. If specific information was not provided or obtainable, the report indicates "not provided" or “not applicable.”
- Questions to Ask
- In addition to the information provided in this report, the following questions may also be useful in your decision process. Also visit the learn section of our website to find out more about what to ask.
- Are you offering any assistance in helping prospective residents sell their homes or pay the entrance fee?
- Are there any additional contracts or refund options available which are not included in this profile?
- Is any portion of the entrance fee deductible for tax purposes? If so, what was the deductible amount in the most recent tax year for those who qualified?
- How can I be sure the community is well-managed financially, and prepared to meet all current and future obligations to residents?
- Is there a wait list? If so, how long, and for which units?
- Is there an active residents’ association? If so, how are they represented in terms of decisions made by the board/management/ownership?
- Do you have any plans for expansion or renovation? How is that to be financed and what impact will it have on current residents?
- What services are included in my base monthly fee? What services are available at an extra cost?