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
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
More news for Friday, Jan. 27
By
Kimberly Bonvissuto
Jan 27, 2023
Headwinds may stall CCRC recovery, Fitch Ratings says … Turnover rates among assisted living staff hold steady for most operators: report … FDA advisory committee votes on proposed COVID-19 vaccine...
Residents’ chronic conditions could push operators to integrate care, housing: study
By
Kimberly Bonvissuto
Lois A. Bowers
Sep 15, 2022
WASHINGTON, DC — US senior living residents average more than a dozen chronic conditions each, and many residents use high-cost healthcare services, suggesting ways that operators can integrate care...
Life plan community residents report wellness benefits, survey finds
By
Lois A. Bowers
Oct 17, 2018
Life plan community residents tend to experience greater levels of wellness than community-dwelling adults in five of six dimensions, according to preliminary first-year results of a study of more than...
Kansas providers may face fee hike after audit reveals many wrongly paid cut-rate assessments
By
Kathleen Steele Gaivin
Apr 05, 2024
Continuing care retirement communities and nursing homes in Kansas could face additional scrutiny — and in some cases, higher fees — after a recent audit from the Kansas Medicaid inspector general’s...
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...
CEO shares Hurricane Katrina memories, lessons
By
Lois A. Bowers
Aug 27, 2015
United Methodist Retirement Communities President and CEO John Thorhauer experienced Hurricane Katrina firsthand. Ten years later, he shares how the storm continues to affect his personal and professional...
An unsung benefit of CCRCs
By
Lois A. Bowers
Jan 23, 2017
Many continuing care retirement / life plan communities offer a benefit that is not mentioned explicitly on their websites but could be a source of comfort to prospective residents.
CCRCs continue upward trend in occupancy recovery
By
Kimberly Bonvissuto
Jun 20, 2024
Continuing care retirement / life plan community occupancy continues to grow, according to a new report from specialty investment bank Ziegler.