New bill would extend telehealth services for seniors … Long-term care leaders return to basics, employ innovation to grow direct care staff … Nursing home residents sue state over conditions, lack...
SNFs, CCRCs ‘off the pace’ for recruiting, retaining workers: Fitch
By
Kathleen Steele Gaivin
Apr 16, 2024
Skilled nursing facilities and continuing care retirement / life plan communities “are still well off the pace needed to reach a full post-pandemic recovery” in terms of their workforces, according...
Fitch says ratings changes could benefit SNF-heavy CCRCs
By
Kathleen Steele Gaivin
Mar 18, 2024
Fitch Ratings’ proposed changes to the way it rates not-for-profit continuing care retirement / life plan communities are designed to provide “much more transparency around [communities] that don’t...
Fitch changes could affect ratings for 10 percent of CCRCs
By
Kathleen Steele Gaivin
Mar 05, 2024
Ratings for 10% of the country’s not-for-profit continuing care retirement / life plan communities could be affected by changes being proposed by Fitch Ratings, the agency. The company released a draft...
Occupancy higher at entrance fee CCRCs compared with rental CCRCs
By
Kathleen Steele Gaivin
Mar 01, 2024
The occupancy rate for entrance fee continuing care retirement / life plan communities was greater than 90% in the fourth quarter of 2023, according to Omar Zahraoui, principal at the National Investment...
CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
On-site clinic helps CCRC residents age in place, exec says
By
Kathleen Steele Gaivin
Jan 17, 2024
St. Mark Village, a continuing care retirement community in Palm Harbor, FL, has added a full-service, primary care clinic run by Curana Health. It opened Jan. 4 and serves residents and employees.
Business briefs, Jan. 16
By
Kathleen Steele Gaivin
Jan 16, 2024
August Health exceeds revenue growth following market expansion … Senior living and care providers describe 2023 in one word … 37 Life Care Services Communities receive 5-star Medicare ratings …...
Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
Favorable rate, occupancy growth bright spots for CCRCs still battling staffing shortages
By
Kathleen Steele Gaivin
Dec 21, 2023
Favorable rate and occupancy growth are providing some relief to continuing care retirement / life plan communities as they claw their way back from pandemic-related staffing shortages, according to a...