Diversified Healthcare Trust’s proposed merger with OPI opposed by second shareholder … PSL to assume ownership of PA CCRC … Noncompete agreements would be limited or banned under these two bills...
Proposed CCRC bill would change regulatory oversight, increase transparency
By
Kimberly Bonvissuto
May 03, 2023
A proposed bill meant to modernize Florida’s continuing care retirement community laws includes changes to regulatory oversight and transparency for residents.
‘No fluke’: life plan community residents report higher levels of wellness than other older adults
By
Kimberly Bonvissuto
Apr 28, 2023
Five years ago, Mather Institute set out to better understand the health and wellness effects of residing in a life plan community. The organization found that residents reported higher levels of wellness...
$215,000 disability discrimination complaint could have ‘broader ramifications’ on resident contracts,...
By
Kimberly Bonvissuto
Apr 12, 2023
A Pennsylvania continuing care retirement community agreed to a $215,000 Fair Housing Act settlement over allegations of disability discrimination, but the senior living owners and operators said that...
CCRC occupancy performance holds lessons for success: NIC
By
Kimberly Bonvissuto
Mar 24, 2023
The ability of continuing care retirement communities to outperform other care settings and maintain consistently high occupancy rates throughout the COVID-19 pandemic offers lessons for the rest of the...
CCRC residents ‘significantly safer’ from COVID deaths than older adults not living in congregate...
By
Lois A. Bowers
Mar 02, 2023
SAN DIEGO—Residents of continuing care retirement communities were “significantly safer” from dying from COVID-19 than were older adults living in noncongregate residential settings in the greater...
More news for Friday, Jan. 27
By
Kimberly Bonvissuto
Jan 27, 2023
Headwinds may stall CCRC recovery, Fitch Ratings says … Turnover rates among assisted living staff hold steady for most operators: report … FDA advisory committee votes on proposed COVID-19 vaccine...
Residents’ chronic conditions could push operators to integrate care, housing: study
By
Kimberly Bonvissuto
Lois A. Bowers
Sep 15, 2022
WASHINGTON, DC — US senior living residents average more than a dozen chronic conditions each, and many residents use high-cost healthcare services, suggesting ways that operators can integrate care...
Inflation could stifle pandemic recovery among CCRCs: Fitch
By
Kimberly Bonvissuto
Sep 07, 2022
Operating performance and future demand for continuing care retirement / life plan communities could be significantly affected if inflationary pressures continue beyond this year, according to Fitch Ratings.
Assisted living managers at CCRCs see 3.52 percent salary increases
By
Lois A. Bowers
Jul 07, 2022
Assisted living / personal care managers working in continuing care retirement communities have an average salary of $80,102 in 2022, a 3.52% increase over 2021, according to the 2022-2023 Continuing Care...