CCRC earns nation’s first certification as a University Based Retirement Community
By
Kimberly Bonvissuto
Sep 27, 2024
An Arizona continuing care retirement / life plan community has been awarded the nation’s first certification as a University Based Retirement Community for meeting all eligibility criteria for senior...
SNFs, CCRCs still short-staffed, with ongoing workforce challenges: Fitch
By
Donna Shryer
Sep 18, 2024
Employment at life plan communities remains 5.90% below pre-pandemic levels, according to a new report from Fitch Ratings.
Capital expenditures expected to tick up for CCRCs: Fitch
By
Kathleen Steele Gaivin
Sep 17, 2024
Capital expenditures will start to tick up in fiscal 2024 among the country’s continuing care retirement / life plan communities, according to Fitch Ratings’ medians report for the sector, published...
Increase in memory care units in CCRCs due to growing demand, reduced skilled nursing footprint
By
Kimberly Bonvissuto
Sep 16, 2024
The memory care segment in continuing care retirement / life plan communities has been steadily growing over the past decade, answering a “clear need” from its resident base, according to the National...
‘Truly miraculous’: Donors rally to save CCRC in receivership
By
Lois A. Bowers
Aug 28, 2024
Dozens of donors have pledged millions of dollars over the past few weeks to acquire and keep open a Colorado CCRC in receivership.
COVID-19 pandemic created adversity but also fueled personal growth among CCRC residents: study
By
Kimberly Bonvissuto
Aug 27, 2024
A study of 98 older adults living in a Florida continuing care retirement community during the COVID-19 pandemic not only showed how the group bounced back from adversity but how residents grew stronger...
CCRC launches nonprofit holding company to change aging services model
By
Kimberly Bonvissuto
Aug 26, 2024
A Pennsylvania continuing care retirement / life plan community is changing up the aging services model by launching a nonprofit holding company to expand its reach outside its walls.
Within days of finalizing changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, Fitch Ratings on...
Fitch Ratings finalizes updates to CCRCs rating criteria
By
Kathleen Steele Gaivin
Aug 20, 2024
Fitch Ratings has finalized changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, the company...
CCRC occupancy recovery continues, led by independent living
By
Kimberly Bonvissuto
Aug 15, 2024
Continuing care retirement / life plan community occupancy continued to inch upward in the second quarter, with independent living once again achieving the highest levels of occupancy, according to a report...