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...
‘Truly miraculous’: Donors rally to save CCRC in receivership
By
Lois A. Bowers
Aug 28, 2024
Dozens of donors have pledged millions of dollars over the past few weeks to acquire and keep open a Colorado CCRC in receivership.
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...
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...
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...
‘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...