Fitch says ratings changes could benefit SNF-heavy CCRCs
By
Kathleen Steele Gaivin
Mar 18, 2024
Fitch Ratings’ proposed changes to the way it rates not-for-profit continuing care retirement / life plan communities are designed to provide “much more transparency around [communities] that don’t...
Actions & Transactions, March 18
By
Kathleen Steele Gaivin
Mar 18, 2024
PSL sells Phillipsburg, PA, CCRC to Continuum Healthcare to focus on ‘strong emphasis’ in independent living… Ziegler advises on sale of 100+ bed SNF in Chicago … DiningRD acquires Kind Dining...
Fitch changes could affect ratings for 10 percent of CCRCs
By
Kathleen Steele Gaivin
Mar 05, 2024
Ratings for 10% of the country’s not-for-profit continuing care retirement / life plan communities could be affected by changes being proposed by Fitch Ratings, the agency. The company released a draft...
A variety of models can help CCRC operators meet residents’ increasing healthcare needs
By
Kimberly Bonvissuto
Feb 16, 2024
Older adults are moving into senior living communities with more chronic conditions and healthcare needs than ever before, presenting challenges — as well as opportunities — for continuing care retirement...
Healthpeak sees record year for CCRC entrance fees, cash collection, as merger, potential portfolio sale...
By
Lois A. Bowers
Feb 12, 2024
Denver-based Healthpeak Properties saw a record year of entrance fee sales and cash collection in 2023 for its portfolio of 15 continuing care retirement communities, Chief Financial Officer Pete Scott...
Business briefs, Jan. 29
By
Kathleen Steele Gaivin
Jan 29, 2024
White House launches effort to increase Medicare Advantage transparency … CCRCs would have a year to return entrance fees under proposed bill … McGuireWoods attorney offers advice on SNF restructuring,...
CCRCs would have a year to return entrance fees under proposed bill
By
Kimberly Bonvissuto
Jan 26, 2024
Arizona continuing care retirement communities would be required to refund entrance fees within a year to residents who move out under a recently introduced bill.
Eviction bill amendment does little to address real problem, industry experts say
By
Kimberly Bonvissuto
Jan 24, 2024
An amendment to a Wisconsin bill that would change the time attached to a senior living eviction notice would do little to address a “highly emotional and stressful time for everyone” and does not...
Business briefs, Jan. 24
By
Kathleen Steele Gaivin
Jan 24, 2024
CMS: Expect final nursing home staffing rule this year … Eviction bill amendment does little to address real problem, industry experts say … House Budget Committee advances legislation without...
CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...