PSL sells Phillipsburg, PA, CCRC to Continuum Healthcare to focus on ‘strong emphasis’ in independent living… Ziegler advises on sale of 100+ bed SNF in Chicago … DiningRD acquires Kind Dining...
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...
Long Island CCRC to offer specialty, primary care for residents, staff, greater community
By
Kathleen Steele Gaivin
May 03, 2022
A partnership between Peconic Landing, a continuing care retirement community in Greenport, NY, and Stony Brook Medicine will result in the CCRC cut the ribbon on its new Center for Well-Being on May 18...
Capital expenditures expected to tick up for CCRCs: Fitch
By
Kathleen Steele Gaivin
Sep 17, 2024
Capital expenditures will start to tick up in fiscal 2024 among the country’s continuing care retirement / life plan communities, according to Fitch Ratings’ medians report for the sector, published...
Business briefs, Sept. 16
By
Kathleen Steele Gaivin
Sep 16, 2024
Growing demand, reduced skilled nursing footprint leads to increased memory care units in CCRCs … More providers adding ‘talent’ executives: LZ 200 … Home care, hospice firms selected among top...
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...
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...
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
SNFs, CCRCs ‘off the pace’ for recruiting, retaining workers: Fitch
By
Kathleen Steele Gaivin
Apr 16, 2024
Skilled nursing facilities and continuing care retirement / life plan communities “are still well off the pace needed to reach a full post-pandemic recovery” in terms of their workforces, according...
Fitch says ratings changes could benefit SNF-heavy CCRCs
By
Kathleen Steele Gaivin
Mar 18, 2024
Fitch Ratings’ proposed changes to the way it rates not-for-profit continuing care retirement / life plan communities are designed to provide “much more transparency around [communities] that don’t...