Court rules in favor of CCRC in class action entrance fee case alleging consumer fraud
By
Kimberly Bonvissuto
Jan 16, 2024
A provision in state law cited in a class action lawsuit against a continuing care retirement community only applies to food-related fraud and, therefore, cannot be used by residents and families to secure...
Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
CCRC occupancy continues to outpace non-CCRCs across all care segments: NIC
By
Kathleen Steele Gaivin
Dec 07, 2023
Overall, the third-quarter occupancy rate for continuing care retirement communities / life plan communities continued to outpace that of non-CCRCs across all care segments, according to recent analysis...
Fitch offers bleak outlook for life plan communities for 2024
By
Kathleen Steele Gaivin
Dec 05, 2023
Continuing care retirement / life plan communities are facing “fierce economic headwinds” heading into next year, according to a report released Monday by Fitch Rating
CCRCs continue to report higher occupancy than other senior living segments: Ziegler
By
Kimberly Bonvissuto
Nov 29, 2023
Continuing care retirement / life plan communities continued to outpace non-CCRCs in senior living occupancy in the third quarter, with the independent living and assisted living segments within CCRCs...
Future of senior living requires new blueprint: panel
By
Kimberly Bonvissuto
Nov 08, 2023
CHICAGO — What happens when you invite a group of senior living CEOs to share personal plans for their third acts? For architectural firm Perkins Eastman, the result was a think tank of experts who defined...
CCRC operating profitability ratios improve, but margins drop
By
Kathleen Steele Gaivin
Oct 20, 2023
Continuing care retirement / life plan communities saw an increase in operating profitability ratios in 2022, but operating margins declined due to stock market performance, Ziegler Managing Director Amy...
Mease Life affiliates with Acts Retirement–Life Communities
By
Kathleen Steele Gaivin
Oct 04, 2023
Continuing care retirement community Mease Life of Dunedin, FL, and Fort Washington, PA-based Acts Retirement-Life Communities have finalized their affiliation after signing a letter of intent in April...
Friendship, Richfield Living merge in Virginia
By
Kathleen Steele Gaivin
Oct 04, 2023
Two southwestern Virginia retirement communities merged this week in a new collaboration they believe will enhance their existing offerings and broaden their reach.
More news for Thursday, Sept. 21
By
Kimberly Bonvissuto
Sep 21, 2023
Lack of purpose in life linked to cognitive decline, study finds … Healthcare expenses take a financial toll on older adults … CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch …...