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...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
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...
Healthpeak sees record year for CCRC entrance fees, cash collection, as merger, potential portfolio sale...
By
Lois A. Bowers
Feb 12, 2024
Denver-based Healthpeak Properties saw a record year of entrance fee sales and cash collection in 2023 for its portfolio of 15 continuing care retirement communities, Chief Financial Officer Pete Scott...
Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
Fitch offers bleak outlook for life plan communities for 2024
By
Kathleen Steele Gaivin
Dec 05, 2023
Continuing care retirement / life plan communities are facing “fierce economic headwinds” heading into next year, according to a report released Monday by Fitch Rating