Rate increases may be scaring away prospective residents
By
Kimberly Bonvissuto
Aug 31, 2023
Senior living occupancy recovery continues to show encouraging trends, but rate increases could drive some prospective residents away from a community, according to an analysis of second-quarter occupancy...
Headwinds may stall CCRC recovery, Fitch Ratings says
By
Kathleen Steele Gaivin
Jan 27, 2023
Although demand is high for continuing care life plan communities, some headwinds may stall total recovery for the sector, according to the experts at Fitch Ratings.
Assisted living, CCRC workforce recovery among slowest in healthcare: NIC
By
Kimberly Bonvissuto
Jun 27, 2022
Assisted living communities, continuing care retirement communities and skilled nursing facilities are experiencing slower workforce recoveries compared with other healthcare sectors, according to a new...
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...
Study suggests ways to increase CCRC resident happiness
By
Kimberly Bonvissuto
Jan 19, 2021
Soliciting feedback from residents about their needs and interests, offering a variety of programs, educating employees on the signs and symptoms of depression and loneliness, and providing residents with...
Defaulted hotel deals show potential for CCRC conversions: senior living experts
By
Amy Novotney
Jul 24, 2020
Amid the fallout from the pandemic, the seniors housing industry may find new development opportunities in defaulted hotel deals, according to panelists Thursday during an Urban Land Institute webinar.
4 disruptors facing senior living operators
By
Lois A. Bowers
Jun 08, 2018
Some senior living operators risk being overwhelmed by the pace of change in the industry, meaning that there is “tremendous potential for disruption,” according to the authors of a new white...
Not-for-profit life plan communities brace for inflationary pressures, other challenges: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 07, 2022
Following a “comeback year” in 2021, continuing care retirement / life plan communities are bracing for economic challenges ahead, according to a new report from Fitch Ratings.
CMS proposal would be ‘major financial burden’ for CCRCs, residents, organizations say
By
Lois A. Bowers
Jan 17, 2020
A Centers for Medicare & Medicaid Services regulation effectively proposing new Medicaid taxes could “lead to a major financial burden” for continuing care retirement communities and residents —...
Law now requires CCRCs to devise resident relocation plans for potential future closures
By
Kimberly Bonvissuto
Apr 30, 2021
Continuing care retirement communities in New Mexico now are required to provide residents with a plan for relocation in the event that a community may close in the future. A state association representing...