US healthcare spending for NFs and CCRCs to reach $337.4 billion by 2032, CMS says
By
Lois A. Bowers
Jun 13, 2024
National health expenditures for nursing facilities and continuing care retirement communities are expected to reach $337.4 billion by 2032, according to new estimates released Wednesday by the Office...
Kansas providers may face fee hike after audit reveals many wrongly paid cut-rate assessments
By
Kathleen Steele Gaivin
Apr 05, 2024
Continuing care retirement communities and nursing homes in Kansas could face additional scrutiny — and in some cases, higher fees — after a recent audit from the Kansas Medicaid inspector general’s...
National health spending reached $45 trillion in 2022, or $13,493 per person, according to an analysis from the Office of the Actuary at the Centers for Medicare & Medicaid Services published Wednesday...
Newsweek, Statista recognize 250 CCRCs with release of first-ever rankings
By
Lois A. Bowers
Nov 29, 2023
Newsweek and global market research and consumer data firm Statista this morning are recognizing 250 US continuing care retirement / life plan communities via the announcement of their first-ever “America’s...
Newsweek has announced plans to publish its first-ever ranking of US continuing care retirement communities, with results based on surveys that are underway.
CCRC files for Chapter 11 for third time in 9 years
By
Kathleen Steele Gaivin
Apr 27, 2023
A continuing care retirement / life plan community on Long Island filed for bankruptcy protection last month for the third time in nine years in the Bankruptcy Court for the Eastern District of New York.
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...
$250 million CCRC expansion no longer on hold, thanks to state Supreme Court
By
Kathleen Steele Gaivin
Nov 07, 2022
A $250 million expansion project at a Virginia continuing care retirement community no longer is on hold now that the state Supreme Court has refused to hear an appeal from condominium owners seeking to...
Healthpeak Properties to be ‘opportunistic’ with CCRC portfolio
By
Kathleen Steele Gaivin
Nov 03, 2022
Healthpeak Properties is prioritizing its capital allocation on its life science and medical offices businesses and will be “opportunistic” regarding its continuing care retirement community portfolio,...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.