Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
CCRC adds 4,100-square-foot duplexes to attract baby boomers
By
Lois A. Bowers
Oct 16, 2017
Ten months after breaking ground on a project intended to attract baby boomers and others looking for a different environment in which to age, nonprofit BHI Senior Living has sold all 30 duplexes in an...
CCRCs have less time to refund entrance fees under new law
By
Lois A. Bowers
Aug 21, 2018
Continuing care retirement communities will have have less time to return refundable portions of entrance fees to residents or their estates after move-out under a new law signed Friday by New Jersey Gov....
Proposed CCRC bill would change regulatory oversight, increase transparency
By
Kimberly Bonvissuto
May 03, 2023
A proposed bill meant to modernize Florida’s continuing care retirement community laws includes changes to regulatory oversight and transparency for residents.
Seattle life plan community shifts from communal dining to food court model
By
Amy Novotney
Aug 21, 2020
When the COVID-19 pandemic began, Seattle-based nonprofit life plan community Bayview — like many other seniors housing operators — quickly went from vibrant hustling and bustling dining rooms...
CCRC operating profitability ratios improve, but margins drop
By
Kathleen Steele Gaivin
Oct 20, 2023
Continuing care retirement / life plan communities saw an increase in operating profitability ratios in 2022, but operating margins declined due to stock market performance, Ziegler Managing Director Amy...
Some CCRCs cutting back on skilled nursing as labor challenges continue: analysis
By
Kathleen Steele Gaivin
Oct 27, 2022
As labor challenges continue in long-term care, some continuing care retirement / life plan communities are cutting back on the skilled nursing services they offer, according to a new Fitch Ratings labor...
Your favorite columns of 2015
By
Lois A. Bowers
Dec 22, 2015
The chance to learn secrets to success drew McKnight’s Senior Living website visitors, newsletter readers and social media followers and friends to columns posted on the site in 2015, reveals an...
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...
Dementia managers in CCRCs see healthy salary bump, according to new HCS report
By
Lois A. Bowers
Jul 12, 2019
Dementia managers in continuing care retirement communities saw relatively healthy average salary increases of 4.19%, with pay rising from $57,553 in 2018 to $59,964 in 2019, not including bonuses, according...