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.
Inflation could stifle pandemic recovery among CCRCs: Fitch
By
Kimberly Bonvissuto
Sep 07, 2022
Operating performance and future demand for continuing care retirement / life plan communities could be significantly affected if inflationary pressures continue beyond this year, according to Fitch Ratings.
Not-for-profit life plan communities brace for inflationary pressures, other challenges: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 07, 2022
Following a “comeback year” in 2021, continuing care retirement / life plan communities are bracing for economic challenges ahead, according to a new report from Fitch Ratings.
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...
CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
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.
Favorable rate, occupancy growth bright spots for CCRCs still battling staffing shortages
By
Kathleen Steele Gaivin
Dec 21, 2023
Favorable rate and occupancy growth are providing some relief to continuing care retirement / life plan communities as they claw their way back from pandemic-related staffing shortages, according to a...
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
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...
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.