Continuing Care Retirement Community

News

AHCA / NCAL, AMDA blast ‘short-sighted’ plans to discharge people with COVID-19 from hospitals to long-term care facilities

By

Lois A. Bowers

March 30, 2020

“The question all state officials must consider is whether the risk of introducing a virus with an estimated 30% or higher mortality rate into a nursing home or assisted living community outweighs the risk of hospitals being overcrowded,” the American Health Care Association / National Center for Assisted Living and AMDA – The Society for Post-Acute and Long-Term Care Medicine said in a joint statement released Sunday.

Business Daily News

Life plan communities under pressure amidst coronavirus: Fitch Ratings

By

Amy Novotney

March 20, 2020

Although sector-wide rating changes are not expected in the near term, the increased operating costs and shifts in census associated with the COVID-19 outbreak may have negative effects on lower-rated life plan communities, according to an analysis by Fitch Ratings. Higher-rated life plan communities have more cushion to absorb these operating challenges without meaningfully affecting their credit profiles, Fitch said.

News

Long-term care corporate executives see 2.81% salary increase

By

Lois A. Bowers

February 18, 2020

Long-term care corporate executives saw an average salary increase of 2.81% in 2019, according to data released Friday by the Hospital & Healthcare Compensation Service.

News

27 members of Congress urge CMS to withdraw proposed Medicaid Fiscal Accountability Regulation

By

Lois A. Bowers

February 14, 2020

A bipartisan coalition of 27 members of the House of Representatives is asking the Centers for Medicare and Medicaid Services to withdraw its proposed Medicaid Fiscal Accountability Regulation.

News

CMS should withdraw Medicaid Fiscal Accountability Regulation, AHCA/NCAL says

By

Lois A. Bowers

January 31, 2020

The Centers for Medicare & Medicaid Services should withdraw the proposed Medicaid Fiscal Accountability Regulation because, if finalized, it would jeopardize access to care and “cripple” Medicaid financing in several states, leaders of the American Health Care Association / National Center for Assisted Living and the American Hospital Association said Thursday.

News

CMS proposal would be ‘major financial burden’ for CCRCs, residents, organizations say

By

Lois A. Bowers

January 17, 2020

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.

News

A life plan community’s amenities, affiliation, location may provide advantage to residents

By

Lois A. Bowers

January 15, 2020

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.

News

NIC: Assisted living occupancy rate strongest in 2 years at 85.7% in fourth quarter

By

Lois A. Bowers

January 10, 2020

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.

News

2020 outlook stable for not-for-profit life plan communities: Fitch Ratings

By

John O'Connor

December 12, 2019

The outlook for the not-for-profit life plan community sector remains stable for 2020, according to Fitch Ratings.

News

CCRCs, nursing homes see slower growth in use of services in 2018, CMS says

By

Lois A. Bowers

December 6, 2019

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.

AHCA / NCAL, AMDA blast ‘short-sighted’ plans to discharge people with COVID-19 from hospitals to long-term care facilities

Life plan communities under pressure amidst coronavirus: Fitch Ratings

Long-term care corporate executives see 2.81% salary increase

27 members of Congress urge CMS to withdraw proposed Medicaid Fiscal Accountability Regulation

CMS should withdraw Medicaid Fiscal Accountability Regulation, AHCA/NCAL says

CMS proposal would be ‘major financial burden’ for CCRCs, residents, organizations say

A life plan community’s amenities, affiliation, location may provide advantage to residents

NIC: Assisted living occupancy rate strongest in 2 years at 85.7% in fourth quarter

2020 outlook stable for not-for-profit life plan communities: Fitch Ratings

CCRCs, nursing homes see slower growth in use of services in 2018, CMS says

MOST POPULAR

Best and worst states for elder abuse protections: report