CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch
By
Kathleen Steele Gaivin
Sep 21, 2023
The minimum staffing rule that most nursing homes will be required to meet within the next three years will add to staffing pressures at continuing care retirement / life plan communities, but it will...
Labor challenges a continued sore spot for CCRCs, Fitch Ratings says
By
Kathleen Steele Gaivin
Jul 24, 2023
Labor challenges are a continued pain point for continuing care retirement / life plan communities, according to a recent report from Fitch Ratings.
Assisted living accounts for plurality of acquisitions in second quarter
By
Kimberly Bonvissuto
Jul 18, 2023
Assisted living accounted for 42% of the publicly announced senior living and care acquisitions in the second quarter, according to newly released data from LevinPro LTC. The percentage was equal to the...
CCRC salaries soaring: Nurses still in hottest demand but raises for all moderating
By
James M. Berklan
Jul 11, 2023
Employees at continuing care retirement communities once again enjoyed healthy salary increases, but the fury of their rise tapered in 2023.
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.
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...
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.
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
CCRC demand remains robust: Fitch
By
Kathleen Steele Gaivin
Sep 09, 2022
Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
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...