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.
Record entry fee sales driving Healthpeak’s CCRCs in second quarter
By
Kimberly Bonvissuto
Aug 04, 2022
Healthpeak Properties’ continuing care retirement community segment is seeing unprecedented entry fee collections, according to executives speaking during the Denver company’s second-quarter earnings...
The business case for employee well-being interventions
By
Michele Holleran, Ph.D., MBA
Jul 11, 2022
Four stressors are compromising the well-being of the aging services workforce like never before. Here are some best practices to address each of the identified sources of burnout.
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...
Life plan communities earn high marks from residents
By
Michele Holleran, Ph.D., MBA
Apr 14, 2022
Overall resident satisfaction scores went up significantly during the COVID-19 pandemic. Although this finding may seem counterintuitive, there are plausible reasons for the positive scores.
CCRC occupancy inches up to 85.7 percent in fourth quarter
By
Lois A. Bowers
Feb 03, 2022
Life plan community occupancy was 85.7% in the fourth quarter of 2021, up 0.3 percentage points from the third quarter and 1.4 percentage points from a pandemic low seen in the first two quarters of the...
Certain factors benefit residents’ emotional wellness during pandemic, study finds
By
Lois A. Bowers
Jan 19, 2022
An openness to new experiences, high-quality relationships with children, meditation and living in a smaller community were some of the things that have helped life plan community residents be more resilient...
Changing consumer provides opportunities for life plan communities: report
By
Kimberly Bonvissuto
Jan 05, 2022
It’s no secret that the 75-and-older population is growing. But a new senior living and care trends report notes that with that growth comes more households with a net worth of $1 million or more, suggesting...
Diffey, Minnix, Ryan and Sims to be inducted into Continuing Care Hall of Fame for 2021
By
Lois A. Bowers
Sep 27, 2021
John Diffey, Larry Minnix, Mary Alice Ryan and Bill Sims will be inducted into the Continuing Care Hall of Fame for 2021.
U.S. News launches ‘Best Senior Living’ program
By
Lois A. Bowers
Sep 07, 2021
U.S. News & World Report has launched a “Best Senior Living” initiative with the goal of releasing inaugural listings for consumers in the first quarter of 2022. The program will cover individual...