Industry advocate defends CCRC model after bankruptcy attention
By
Kimberly Bonvissuto
Jul 16, 2024
The bankruptcy filings of several continuing care retirement / life plan communities has gained the attention of the Wall Street Journal, prompting a letter to the editor from LeadingAge defending the...
Assisted living managers in CCRCs see 4.64 percent salary bump: report
By
Kimberly Bonvissuto
Jul 10, 2024
Assisted living/personal care managers in continuing care retirement / life plan communities received an average 4.64% bump in salary and an average 6.21% bonus over the previous year’s levels, according...
Most continuing care retirement / life plan communities maintained relatively high occupancy rates in the first quarter, with data showing a pattern of stronger occupancy growth in regions reporting smaller...
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
Actions & Transactions, June 24
By
Kathleen Steele Gaivin
Jun 24, 2024
NJ appoints receiver at two facilities linked to Centers Health Care … Athena sells five nursing homes … Presbyterian Homes’ Moorings of Arlington Heights to add more independent living … Hebrew...
CCRCs continue upward trend in occupancy recovery
By
Kimberly Bonvissuto
Jun 20, 2024
Continuing care retirement / life plan community occupancy continues to grow, according to a new report from specialty investment bank Ziegler.
US healthcare spending for NFs and CCRCs to reach $337.4 billion by 2032, CMS says
By
Lois A. Bowers
Jun 13, 2024
National health expenditures for nursing facilities and continuing care retirement communities are expected to reach $337.4 billion by 2032, according to new estimates released Wednesday by the Office...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
SNFs, CCRCs ‘off the pace’ for recruiting, retaining workers: Fitch
By
Kathleen Steele Gaivin
Apr 16, 2024
Skilled nursing facilities and continuing care retirement / life plan communities “are still well off the pace needed to reach a full post-pandemic recovery” in terms of their workforces, according...
CCRCs partner to offer home healthcare to independent living residents
By
Kathleen Steele Gaivin
Apr 08, 2024
Two continuing care retirement communities in western New York have partnered to provide a home healthcare option for the communities’ independent living residents.