‘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.
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...
Long-term care corporate executives see 2.81% salary increase
By
Lois A. Bowers
Feb 18, 2020
Long-term care corporate executives saw an average salary increase of 2.81% in 2019, according to data released Friday by the Hospital & Healthcare Compensation Service.
Record entry fee sales driving Healthpeak’s CCRCs in second quarter
By
Kimberly Bonvissuto
Aug 04, 2022
Healthpeak Properties’ continuing care retirement community segment is seeing unprecedented entry fee collections, according to executives speaking during the Denver company’s second-quarter earnings...
CCRC salaries soaring: Nurses still in hottest demand but raises for all moderating
By
James M. Berklan
Jul 11, 2023
Employees at continuing care retirement communities once again enjoyed healthy salary increases, but the fury of their rise tapered in 2023.
Dementia managers in CCRCs see healthy salary bump, according to new HCS report
By
Lois A. Bowers
Jul 12, 2019
Dementia managers in continuing care retirement communities saw relatively healthy average salary increases of 4.19%, with pay rising from $57,553 in 2018 to $59,964 in 2019, not including bonuses, according...
HJ Sims raises $398 million for university-based life plan community under construction
By
Kathleen Steele Gaivin
Nov 22, 2021
Fairfield, CT-based investment bank and wealth management firm HJ Sims closed this month on a $398.1 million tax-exempt and taxable bond issue for a new life plan community being constructed on the grounds...
27 members of Congress urge CMS to withdraw proposed Medicaid Fiscal Accountability Regulation
By
Lois A. Bowers
Feb 14, 2020
A bipartisan coalition of 27 members of the House of Representatives is asking the Centers for Medicare and Medicaid Services to withdraw its proposed Medicaid Fiscal Accountability Regulation.
CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch
By
Kathleen Steele Gaivin
Sep 21, 2023
The minimum staffing rule that most nursing homes will be required to meet within the next three years will add to staffing pressures at continuing care retirement / life plan communities, but it will...
Healthpeak continues exit of ‘volatile’ senior housing market with $4B in sales, moves headquarters
By
Kimberly Bonvissuto
Nov 04, 2020
Although not the reason behind Healthpeak Properties’ planned exit of its senior housing operating and triple-net lease portfolio businesses, COVID-19 certainly served as a catalyst for a full exit,...