CCRCs / Life Plan Communities
A Centers for Medicare & Medicaid Services regulation effectively proposing new Medicaid taxes could “lead to a major financial burden” for continuing care retirement communities and residents — and even the closure of skilled nursing units within CCRCs — in 18 states.
A life plan community’s amenities, religious affiliation and geographic location may give its residents an edge on health and wellness, according to the results of the second year of the five-year Age Well Study being conducted by Mather Institute and Northwestern University. The results were released Tuesday.
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released Thursday by the National Investment Center for Seniors Housing & Care. The rate marked the strongest occupancy in assisted living in two years.
The outlook for the not-for-profit life plan community sector remains stable for 2020, according to Fitch Ratings.
Spending on continuing care retirement communities and nursing care facility services increased 1.4% in 2018 to $168.5 billion, according to an analysis from the Office of the Actuary at the Centers for Medicare and Medicaid Services published Thursday.
Continuing care retirement communities offer peace of mind that often comes with a six- to seven-figure entrance fee. Leadership at the San Francisco Campus for Jewish Living chose a different path.
It’s time to stop describing communities using terminology that focuses primarily on healthcare and the traditional sense of what retirement meant in the past.
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.