CCRCs / Life Plan Communities
Fitch Ratings “mostly envisions continued operating stability” for life plan communities as a sector through the rest of the year, according to a newly released report.
More than 150 years of service to the senior living industry will be recognized when four new members are inducted into the Continuing Care Hall of Fame next month, according to event organizers.
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts from NIC and elsewhere, however, give hope.
When a medical assessment determines that a resident needs a higher level of care, the liability risks to a senior living community increase until the resident is relocated. But what if a resident doesn’t agree that a move is necessary?
Almost four years after LeadingAge and Mather LifeWays introduced “life plan community” as an alternative name for “continuing care retirement community,” more education may be needed for prospective residents and their adult children to understand and appreciate the terminology, according to Zion & Zion.
Dementia managers in continuing care retirement communities saw relatively healthy average salary increases of 4.19%, with pay rising from $57,553 in 2018 to $59,964 in 2019, not including bonuses, according to the “Continuing Care Retirement Community Salary & Benefits Report 201-2020,” released Thursday. The national study is published by Hospital & Healthcare Compensation Service in…
Expanding an existing campus is the most common way that continuing care retirement communities plan to grow for now, according to a new survey.
Consolidation is “one of the clear trends” among continuing care retirement communities, according to specialty bank Ziegler.
Residents of life plan communities scored higher on positive measures of several types of wellness than did older adults living in the community at large — and lower in one area — in newly released one-year data from the Mather LifeWays Institute on Aging’s Age Well Study.
Assisted living communities can breathe a sigh of relief now that Environmental Protection Agency Acting Administrator Andrew Wheeler has signed the agency’s final rule regarding the disposal of hazardous waste pharmaceuticals.
Positive views of assisted living and continuing care retirement communities continue to grow as aging preferences change, suggests new research.
The outlook for the not-for-profit continuing care retirement community sector remains stable for 2019, Fitch Ratings says.
Occupancy in various levels of care or service within continuing care retirement communities generally has been higher than occupancy in freestanding, non-CCRC communities offering those same levels of care or service, according to an analysis by the National Investment Center for Seniors Housing & Care.
Life plan community residents tend to experience greater levels of wellness than community-dwelling adults in five of six dimensions, according to preliminary first-year results of a study of more than 5,000 residents of 80 such communities in 29 states.
Summit Vista, Utah’s first life plan community, welcomed residents this week.
Have operators bent on change become a bit tone deaf about what really matters?
Operations and profitability remain stable for U.S. continuing care retirement communities, according to a newly released report from Fitch Ratings. Ratings pressure could be on the way, however.
Continuing care retirement communities will have have less time to return refundable portions of entrance fees to residents or their estates after move-out under a new law signed Friday by New Jersey Gov. Phil Murphy.
Independent lining administrators in CCRCs saw an average pay increase of 1.43% in 2018, according to the “Continuing Care Retirement Community Salary & Benefits Report 2018-2019” issued by the Hospital & Healthcare Compensation Service.
Continuing care retirement communities are expected to hold much appeal to baby boomers, and the good news is, the first wave of boomers will be entering the target age range for such communities within the next five years, notes a new report.