CCRC occupancy continues to outpace non-CCRCs across all care segments: NIC
By
Kathleen Steele Gaivin
Dec 07, 2023
Overall, the third-quarter occupancy rate for continuing care retirement communities / life plan communities continued to outpace that of non-CCRCs across all care segments, according to recent analysis...
Fitch offers bleak outlook for life plan communities for 2024
By
Kathleen Steele Gaivin
Dec 05, 2023
Continuing care retirement / life plan communities are facing “fierce economic headwinds” heading into next year, according to a report released Monday by Fitch Rating
Business briefs, Nov. 29
By
Kathleen Steele Gaivin
Nov 29, 2023
CCRCs continue to report higher occupancy than other senior living segments: Ziegler … PHI advocates for Casey bill ensuring continued funding for HCBS … Eldermark Partners with ServiceTrac on resident...
CCRC operating profitability ratios improve, but margins drop
By
Kathleen Steele Gaivin
Oct 20, 2023
Continuing care retirement / life plan communities saw an increase in operating profitability ratios in 2022, but operating margins declined due to stock market performance, Ziegler Managing Director Amy...
Mease Life affiliates with Acts Retirement–Life Communities
By
Kathleen Steele Gaivin
Oct 04, 2023
Continuing care retirement community Mease Life of Dunedin, FL, and Fort Washington, PA-based Acts Retirement-Life Communities have finalized their affiliation after signing a letter of intent in April...
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...
CCRCs, SNFs face continuing challenges in recruiting staff: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 14, 2023
Continuing care retirement / life plan communities and skilled nursing facilities are lagging behind assisted living communities when it comes to recruiting staff, according to Fitch Ratings’ latest...
Urgency of senior living move-ins has changed little since before pandemic
By
Kathleen Steele Gaivin
Sep 11, 2023
Despite earlier speculation, the pandemic didn’t affect the urgency of prospective residents looking to move into senior living communities. That’s according to an article in the most recent issue...
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.
OSHA announces final rule that could mean additional reporting for providers in January
By
Kathleen Steele Gaivin
Jul 18, 2023
The Department of Labor on Monday announced the final version of a rule that could mean additional reporting requirements for some senior living and nursing home providers starting in January.