Increased financial pressure looms, but outlook for CCRCs is balanced, Fitch says
By
Kathleen Steele Gaivin
Apr 17, 2023
Increased financial pressure is heading down the pike, with a mild recession likely in the months ahead. That’s according to commentary from Fitch Ratings.
Flipping mindset to focus on the future will help CCRCs thrive post-pandemic: speakers
By
Amy Novotney
Nov 19, 2020
One of the biggest outcomes of the pandemic on the life plan / continuing care retirement community sector has been giant leaps made in recognizing the importance of connectivity within the lives of older...
CCRC monthly rate increases for 2018 will average 3.1%
By
Lois A. Bowers
Nov 20, 2017
Continuing care retirement communities plan to raise their monthly fees for existing independent living residents an average of 3.1% in 2018, according to a recent poll of 160 chief financial officers...
‘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...
Proposed OSHA rule change could dramatically expand reporting requirements for senior living providers
By
Kimberly Bonvissuto
Apr 06, 2022
A proposed federal rule change on how employers report on-the-job injuries and illness could dramatically expand reporting requirements for senior living providers.
Country’s largest single-site CCRC to grow even larger
By
Kathleen Steele Gaivin
Apr 17, 2023
Shell Point Retirement Community in Fort Myers, FL, a single-site continuing care retirement community that says it is the largest such community in the country, is planning to add an independent living...
Baby boomers bode well for CCRCs
By
Lois A. Bowers
Jul 16, 2018
Continuing care retirement communities are expected to hold much appeal to baby boomers, and the good news is, the first wave of boomers will be entering the target age range for such communities within...
Positive views of assisted living, CCRCs increase: study
By
Lois A. Bowers
Dec 21, 2018
Positive views of assisted living and continuing care retirement communities continue to grow as aging preferences change, suggests new research.
3 ABHOW communities certified as centers for successful aging
Jan 25, 2016
Three continuing care retirement / life plan communities owned or managed by American Baptist Homes of the West have been certified as centers for successful aging by Masterpiece Living.
CCRCs challenged by caregiver turnover, but nursing homes have it worse: report
By
Kimberly Bonvissuto
Sep 22, 2021
Turnover rates for certified nursing assistants, licensed practical nurses and registered nurses in continuing care retirement communities have reached their highest points over the past decade in 2021,...