Increase in memory care units in CCRCs due to growing demand, reduced skilled nursing footprint
By
Kimberly Bonvissuto
Sep 16, 2024
The memory care segment in continuing care retirement / life plan communities has been steadily growing over the past decade, answering a “clear need” from its resident base, according to the National...
SNFs, CCRCs still short-staffed, with ongoing workforce challenges: Fitch
By
Donna Shryer
Sep 18, 2024
Employment at life plan communities remains 5.90% below pre-pandemic levels, according to a new report from Fitch Ratings.
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...
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...
Continuing Care Hall of Fame to induct Leary, Proctor, Townsley, Van Scoyoc
By
Lois A. Bowers
Sep 08, 2023
Mary Leary, Stephen Proctor, Scott Townsley and Gardner Van Scoyoc will be inducted into the Continuing Care Hall of Fame Nov. 5 in Chicago.
Rate increases may be scaring away prospective residents
By
Kimberly Bonvissuto
Aug 31, 2023
Senior living occupancy recovery continues to show encouraging trends, but rate increases could drive some prospective residents away from a community, according to an analysis of second-quarter occupancy...
Headwinds may stall CCRC recovery, Fitch Ratings says
By
Kathleen Steele Gaivin
Jan 27, 2023
Although demand is high for continuing care life plan communities, some headwinds may stall total recovery for the sector, according to the experts at Fitch Ratings.
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...
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