CCRC launches nonprofit holding company to change aging services model
By
Kimberly Bonvissuto
Aug 26, 2024
A Pennsylvania continuing care retirement / life plan community is changing up the aging services model by launching a nonprofit holding company to expand its reach outside its walls.
Within days of finalizing changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, Fitch Ratings on...
Workforce shortages in the healthcare industry are nothing new. But even with creative incentives and initiatives, continuing care retirement / life plan communities continue to struggle to recruit and...
Decision to remain in nursing home business a complicated one for some CCRCs
By
Kimberly Marselas
Aug 21, 2024
Facing unrelenting staffing and reimbursement challenges, a significant share of life plan communities across the country have shed skilled nursing beds since the start of the pandemic.
Fitch Ratings finalizes updates to CCRCs rating criteria
By
Kathleen Steele Gaivin
Aug 20, 2024
Fitch Ratings has finalized changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, the company...
CCRC occupancy recovery continues, led by independent living
By
Kimberly Bonvissuto
Aug 15, 2024
Continuing care retirement / life plan community occupancy continued to inch upward in the second quarter, with independent living once again achieving the highest levels of occupancy, according to a report...
Business briefs, Aug. 15
By
Kathleen Steele Gaivin
Aug 15, 2024
CCRC occupancy recovery continues, led by independent living … AHCA, HHS seek quick timeline in federal staffing mandate case … Consumer price index rose 0.2% in July … AmeriCorps RSVP applications...
Industry advocate defends CCRC model after bankruptcy attention
By
Kimberly Bonvissuto
Jul 16, 2024
The bankruptcy filings of several continuing care retirement / life plan communities has gained the attention of the Wall Street Journal, prompting a letter to the editor from LeadingAge defending the...
Assisted living managers in CCRCs see 4.64 percent salary bump: report
By
Kimberly Bonvissuto
Jul 10, 2024
Assisted living/personal care managers in continuing care retirement / life plan communities received an average 4.64% bump in salary and an average 6.21% bonus over the previous year’s levels, according...
Most continuing care retirement / life plan communities maintained relatively high occupancy rates in the first quarter, with data showing a pattern of stronger occupancy growth in regions reporting smaller...