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...
Court rules in favor of CCRC in class action entrance fee case alleging consumer fraud
By
Kimberly Bonvissuto
Jan 16, 2024
A provision in state law cited in a class action lawsuit against a continuing care retirement community only applies to food-related fraud and, therefore, cannot be used by residents and families to secure...
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...
Actions & Transactions, Dec. 15
By
Kathleen Steele Gaivin
Dec 15, 2023
Blueprint advises on sale of Fort Mitchell, KY, senior living community … Fitch Ratings affirms Westminster-Canterbury of Blue Ridge bonds at BBB+; outlook stable … Fitch Ratings affirms Friendship...
National health spending reached $45 trillion in 2022, or $13,493 per person, according to an analysis from the Office of the Actuary at the Centers for Medicare & Medicaid Services published Wednesday...
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
Newsweek, Statista recognize 250 CCRCs with release of first-ever rankings
By
Lois A. Bowers
Nov 29, 2023
Newsweek and global market research and consumer data firm Statista this morning are recognizing 250 US continuing care retirement / life plan communities via the announcement of their first-ever “America’s...
CCRCs continue to report higher occupancy than other senior living segments: Ziegler
By
Kimberly Bonvissuto
Nov 29, 2023
Continuing care retirement / life plan communities continued to outpace non-CCRCs in senior living occupancy in the third quarter, with the independent living and assisted living segments within CCRCs...
Business briefs, Nov. 29
By
Kathleen Steele Gaivin
Nov 29, 2023
CCRCs continue to report higher occupancy than other senior living segments: Ziegler … PHI advocates for Casey bill ensuring continued funding for HCBS … Eldermark Partners with ServiceTrac on resident...