Continuing care retirement communities have continued to expand their contract and refund options to appeal to consumers, according to a newly available research.
Top 3 states for CCRCs
By
Lois A. Bowers
Apr 01, 2016
Almost 25% of the country’s continuing care retirement communities, or life plan communities, are located in three states, according to Ziegler.
WA moves to increase oversight of CCRCs
By
Lois A. Bowers
Mar 06, 2016
Washington state lawmakers have passed a bill, modeled on 2015 legislation in Connecticut, that they say will increase transparency and oversight of continuing care retirement / life plan communities.
Continuing Care Hall of Fame inducts first two honorees
By
Lois A. Bowers
Dec 28, 2015
The Continuing Care Hall of Fame inducted its first two honorees in 2015.
John Thorhauer’s Hurricane Katrina Experience
By
Lois A. Bowers
Aug 28, 2015
United Methodist Retirement Communities President and CEO John Thorhauer shares photos he and his family took while he was director of the Armed Forces Retirement Home in Gulfport, MS, during Hurricane...
Legislation would require life plan community transparency
By
Kathleen Steele Gaivin
May 18, 2021
Proposed legislation in New Mexico would require life plan community operators to be more upfront with investors about community finances.
CCRCs, nursing homes see slower growth in use of services in 2018, CMS says
By
Lois A. Bowers
Dec 06, 2019
Spending on continuing care retirement communities and nursing care facility services increased 1.4% in 2018 to $168.5 billion, according to an analysis from the Office of the Actuary at the Centers for...
Fitch predicts ‘mostly’ stability for life plan communities for rest of 2019
By
Lois A. Bowers
Sep 23, 2019
Fitch Ratings “mostly envisions continued operating stability” for life plan communities as a sector through the rest of the year, according to a newly released report.
Continuing Care Hall of Fame to induct 4 next month
By
Lois A. Bowers
Sep 18, 2019
More than 150 years of service to the senior living industry will be recognized when four new members are inducted into the Continuing Care Hall of Fame next month, according to event organizers.
How to mitigate risk when a resident needs a higher level of care
By
Brian McGovern
Sep 09, 2019
When a medical assessment determines that a resident needs a higher level of care, the liability risks to a senior living community increase until the resident is relocated. But what if a resident doesn’t...