CCRCs / Life Plan Communities
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.
Memory care unit managers in continuing care retirement communities, also known as life plan communities, saw an average pay increase of 2.75% in 2018, according to the “Continuing Care Retirement Community Salary & Benefits Report 2018-2019” issued by the Hospital & Healthcare Compensation Service.
Pay for directors of assisted living/personal care who work in continuing care retirement communities averaged $73,938 in 2018, according to the “Continuing Care Retirement Community Salary & Benefits Report 2018-2019” issued by the Hospital & Healthcare Compensation Service.
Continuing Care at Home programs, formerly called “CCRCs without walls,” are growing in popularity as offerings by senior living and care providers, with more than 30 programs now available across 17 states, according to specialty bank Ziegler.
Some senior living operators risk being overwhelmed by the pace of change in the industry, meaning that there is “tremendous potential for disruption,” according to the authors of a new white paper from CliftonLarsonAllen.
Life plan communities have become more likely to be part of larger systems and slightly less likely to be sponsored by a not-for-profit organization over the past several years, according to specialty investment bank Ziegler.
Research shows that social connectedness improves physical health, mental and emotional well-being and even longevity, thereby enabling individuals and communities, including life plan communities, to thrive.