Provider Relief Fund monies wane for life plan communities in 2021: Ziegler
By
Kathleen Steele Gaivin
Feb 14, 2022
Life plan communities received comparatively small amounts of Provider Relief Fund aid in 2021, as program money wanes. No meaningful additional funds are expected going forward in 2022, according to specialty...
Long-term care corporate executives see 2.67 percent salary increase
By
Kathleen Steele Gaivin
Feb 10, 2022
Long-term care corporate executives saw an average 2.67% increase in salary in 2021, according to the 38th edition of the Multi-Facility Corporate Compensation Report, released Thursday by the Hospital...
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...
Long-term care providers struggle with high unemployment compared with other healthcare settings: report
By
Kimberly Bonvissuto
Dec 15, 2021
Although employment at hospitals and physicians offices has returned to almost pre-pandemic levels, assisted living communities, life plan / continuing care retirement communities and nursing homes continue...
Life plan community unit absorption rebounds in third quarter: Ziegler
By
Kathleen Steele Gaivin
Nov 04, 2021
After five quarters of negative absorption during the pandemic, life plan community unit absorption not only rebounded in the third quarter but has achieved its strongest pace since the fourth quarter...
Operating margins, other cash flow ratios fall to levels ‘not seen in a decade, if ever’: analysis
By
Kathleen Steele Gaivin
Oct 18, 2021
Profitability and cash flow have declined significantly for both single-site and multi-site long-term care providers over the past year, according to median measures reported in the recently released 2021...
Mather prepares to enter third state armed with $300 million construction loan
By
Kathleen Steele Gaivin
Oct 15, 2021
Senior living provider Mather has secured $300 million in construction financing to build The Mather, a life plan community, in Tysons, VA.
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.
CCRCs challenged by caregiver turnover, but nursing homes have it worse: report
By
Kimberly Bonvissuto
Sep 22, 2021
Turnover rates for certified nursing assistants, licensed practical nurses and registered nurses in continuing care retirement communities have reached their highest points over the past decade in 2021,...