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.
Life plan communities positively affect resident wellness, study finds
By
Lois A. Bowers
Jan 28, 2019
Residents of life plan communities scored higher on positive measures of several types of wellness than did older adults living in the community at large — and lower in one area — in newly released...
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...
Assisted living director pay increases 3.27% in CCRCs
By
Lois A. Bowers
Jun 30, 2017
Directors of assisted living/personal care who work in continuing care retirement communities saw an average pay increase of 3.27% in 2017, according to a new report.
Report details Virginia CCRC characteristics
By
Lois A. Bowers
Aug 23, 2016
Fee-for-service is the most common type of contract offered by continuing care retirement communities in Virginia, according to a benchmarking report released Tuesday by Ziegler and My LifeSite. The report...
CCRCs alone in occupancy increase this year, report says
By
Lois A. Bowers
Mar 16, 2018
Continuing care retirement communities will be the only segment of senior living and long-term care to see increased occupancy in 2018, according to commercial real estate investment sales, financing,...
SNH: Five Star initiatives will address CCRC challenges
By
Lois A. Bowers
Mar 01, 2018
Weaker performance in skilled nursing operations at Five Star Senior Living CCRCs “heavily influenced” a decline in rent coverage in a Senior Housing Properties Trust portfolio, said the REIT’s...