New law ‘ensures future viability’ of CCRCs, provider and resident groups say
By
Lois A. Bowers
Jun 28, 2023
A bill signed into law Monday by Gov. Ron DeSantis (R) will help ensure the future viability and financial strength of the continuing care retirement / life plan community model in Florida, according to...
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...
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...