2020 outlook stable for not-for-profit life plan communities: Fitch Ratings
By
John O'Connor
Dec 12, 2019
The outlook for the not-for-profit life plan community sector remains stable for 2020, according to Fitch Ratings.
CCRCs, nursing homes see slower growth in use of services in 2018, CMS says
By
Lois A. Bowers
Dec 06, 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...
It’s time to retire the CCRC and life plan community designations
By
Keith Grady, LNHA, CALA
Oct 21, 2019
It’s time to stop describing communities using terminology that focuses primarily on healthcare and the traditional sense of what retirement meant in the past.
Continuing Care Hall of Fame to induct 4 next month
By
Lois A. Bowers
Sep 18, 2019
More than 150 years of service to the senior living industry will be recognized when four new members are inducted into the Continuing Care Hall of Fame next month, according to event organizers.
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
How to mitigate risk when a resident needs a higher level of care
By
Brian McGovern
Sep 09, 2019
When a medical assessment determines that a resident needs a higher level of care, the liability risks to a senior living community increase until the resident is relocated. But what if a resident doesn’t...
Survey suggests challenges with life plan community name, despite industry support
By
Lois A. Bowers
Aug 12, 2019
Almost four years after LeadingAge and Mather LifeWays introduced “life plan community” as an alternative name for “continuing care retirement community,” more education may be needed for prospective...
Dementia managers in CCRCs see healthy salary bump, according to new HCS report
By
Lois A. Bowers
Jul 12, 2019
Dementia managers in continuing care retirement communities saw relatively healthy average salary increases of 4.19%, with pay rising from $57,553 in 2018 to $59,964 in 2019, not including bonuses, according...
CCRC consolidation is a ‘clear trend’
By
Lois A. Bowers
Mar 11, 2019
Consolidation is “one of the clear trends” among continuing care retirement communities, according to specialty bank Ziegler.
Life plan communities positively affect resident wellness, study finds
By
Lois A. Bowers
Jan 28, 2019
Residents of life plan communities scored higher on positive measures of several types of wellness than did older adults living in the community at large — and lower in one area — in newly released...