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...
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.
Favorable rate, occupancy growth bright spots for CCRCs still battling staffing shortages
By
Kathleen Steele Gaivin
Dec 21, 2023
Favorable rate and occupancy growth are providing some relief to continuing care retirement / life plan communities as they claw their way back from pandemic-related staffing shortages, according to a...
National health spending reached $45 trillion in 2022, or $13,493 per person, according to an analysis from the Office of the Actuary at the Centers for Medicare & Medicaid Services published Wednesday...
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
Newsweek, Statista recognize 250 CCRCs with release of first-ever rankings
By
Lois A. Bowers
Nov 29, 2023
Newsweek and global market research and consumer data firm Statista this morning are recognizing 250 US continuing care retirement / life plan communities via the announcement of their first-ever “America’s...