Alzheimer's Services of the East Bay is closing due to financial strain from rising operational costs and diminished reimbursements, announcing cessation of services on Dec. 13.
CEO Micheal Pope highlighted that ASEB's operational costs outpaced reimbursements, with daily costs at $250 compared to Medi-Cal's $76 reimbursement per patient.
The nonprofit's struggles intensified during the pandemic, with dwindling funding from foundations and challenges in securing individual donations, impacting their financial stability.
Previously offering care to thousands in the East Bay, ASEB faced unsustainable financial pressures, exemplified by high van repair and gasoline costs burdening their budget.
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