Fitch says ratings changes could benefit SNF-heavy CCRCs
By
Kathleen Steele Gaivin
Mar 18, 2024
Fitch Ratings’ proposed changes to the way it rates not-for-profit continuing care retirement / life plan communities are designed to provide “much more transparency around [communities] that don’t...
Actions & Transactions, March 18
By
Kathleen Steele Gaivin
Mar 18, 2024
PSL sells Phillipsburg, PA, CCRC to Continuum Healthcare to focus on ‘strong emphasis’ in independent living… Ziegler advises on sale of 100+ bed SNF in Chicago … DiningRD acquires Kind Dining...
Fitch changes could affect ratings for 10 percent of CCRCs
By
Kathleen Steele Gaivin
Mar 05, 2024
Ratings for 10% of the country’s not-for-profit continuing care retirement / life plan communities could be affected by changes being proposed by Fitch Ratings, the agency. The company released a draft...
Occupancy higher at entrance fee CCRCs compared with rental CCRCs
By
Kathleen Steele Gaivin
Mar 01, 2024
The occupancy rate for entrance fee continuing care retirement / life plan communities was greater than 90% in the fourth quarter of 2023, according to Omar Zahraoui, principal at the National Investment...
A variety of models can help CCRC operators meet residents’ increasing healthcare needs
By
Kimberly Bonvissuto
Feb 16, 2024
Older adults are moving into senior living communities with more chronic conditions and healthcare needs than ever before, presenting challenges — as well as opportunities — for continuing care retirement...
Healthpeak sees record year for CCRC entrance fees, cash collection, as merger, potential portfolio sale...
By
Lois A. Bowers
Feb 12, 2024
Denver-based Healthpeak Properties saw a record year of entrance fee sales and cash collection in 2023 for its portfolio of 15 continuing care retirement communities, Chief Financial Officer Pete Scott...
Business briefs, Feb. 2
By
Kathleen Steele Gaivin
Feb 02, 2024
Takeaways from NIC MAP’s fourth-quarter fundamentals release … Erickson’s Lantern Hill transitions to 80% refundable entrance fee structure … 2Life Communities’ Solimine House in Lynn, MA, awarded...
Business briefs, Feb. 1
By
Kathleen Steele Gaivin
Feb 01, 2024
Public increasingly supports government responsibility for care, payment for older adult needs … LeadingAge launches new leadership award … Firms offer recruitment, retention strategies to prevent...
Business briefs, Jan. 29
By
Kathleen Steele Gaivin
Jan 29, 2024
White House launches effort to increase Medicare Advantage transparency … CCRCs would have a year to return entrance fees under proposed bill … McGuireWoods attorney offers advice on SNF restructuring,...
CCRCs would have a year to return entrance fees under proposed bill
By
Kimberly Bonvissuto
Jan 26, 2024
Arizona continuing care retirement communities would be required to refund entrance fees within a year to residents who move out under a recently introduced bill.