Fitch lowers life plan community sector outlook to negative, but no all-encompassing rating action
By
Amy Novotney
May 27, 2020
Fitch Ratings has revised its outlook on life plan communities to negative last week, reflecting the rating agency’s concern that many of COVID’s risks still lie ahead.
How CCaH programs are proving their worth during COVID-19
By
Amanda Young, MS, CMC
Apr 20, 2020
Despite challenges, continuing care at home programs quickly have developed innovative ways to support their members and continue to market to prospective members.
AHCA / NCAL, AMDA blast ‘short-sighted’ plans to discharge people with COVID-19 from hospitals to...
By
Lois A. Bowers
Mar 30, 2020
“The question all state officials must consider is whether the risk of introducing a virus with an estimated 30% or higher mortality rate into a nursing home or assisted living community outweighs...
Life plan communities under pressure amidst coronavirus: Fitch Ratings
By
Amy Novotney
Mar 20, 2020
Although sector-wide rating changes are not expected in the near term, the increased operating costs and shifts in census associated with the COVID-19 outbreak may have negative effects on lower-rated...
Long-term care corporate executives see 2.81% salary increase
By
Lois A. Bowers
Feb 18, 2020
Long-term care corporate executives saw an average salary increase of 2.81% in 2019, according to data released Friday by the Hospital & Healthcare Compensation Service.
27 members of Congress urge CMS to withdraw proposed Medicaid Fiscal Accountability Regulation
By
Lois A. Bowers
Feb 14, 2020
A bipartisan coalition of 27 members of the House of Representatives is asking the Centers for Medicare and Medicaid Services to withdraw its proposed Medicaid Fiscal Accountability Regulation.
CMS should withdraw Medicaid Fiscal Accountability Regulation, AHCA/NCAL says
By
Lois A. Bowers
Jan 31, 2020
The Centers for Medicare & Medicaid Services should withdraw the proposed Medicaid Fiscal Accountability Regulation because, if finalized, it would jeopardize access to care and “cripple” Medicaid...
CMS proposal would be ‘major financial burden’ for CCRCs, residents, organizations say
By
Lois A. Bowers
Jan 17, 2020
A Centers for Medicare & Medicaid Services regulation effectively proposing new Medicaid taxes could “lead to a major financial burden” for continuing care retirement communities and residents —...
A life plan community’s amenities, affiliation, location may provide advantage to residents
By
Lois A. Bowers
Jan 15, 2020
A life plan community’s amenities, religious affiliation and geographic location may give its residents an edge on health and wellness, according to the results of the second year of the five-year Age...
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...