Erickson Living's Charlestown campus in Catonsville, MD, is the nation's largest single-site, not-for-profit continuing care retirement community, according to rankings recently compiled by investment bank Ziegler.
Appalachian Christian Village, a CCRC in Tennessee, has partnered with Status Solutions to introduce Motion into Meaningful Information (MIMI) mobile health monitoring. The system is being used for the village's Personal Care Plus program, which is for independent living residents.
Continuing care retirement community executive directors are earning an average annual salary of $148,007 this year, which is close to a 6% increase from 2012, according to a new report. CCRC chief financial officers and controllers saw comparable salary increases as executive directors, the report states.
After seven years, Greenfields of Geneva becomes a reality for Illinois seniors, featuring a luxurious setting overlooking a golf course.
If there's one thing long-term care operators contemplating the coming years should know by now, it's this: There are no guarantees. That's worth keeping in mind as various can't-miss strategies that ensure future success are being pitched your way.
What does a not-for-profit council do for a mostly for-profit association like AHCA?
The incoming continuing care retirement community resident is healthier, more technologically savvy and increasingly informed, a new report suggests.
Executive directors of individual CCRC campuses must fine-tune their tool kits to keep their facilities top of mind with consumers, and ahead of the impending sharp curve of consumer preference. Complacency and "resting on your laurels" will not have a place in tomorrow's market.
In 2007, Project Looking Glass provided some groundbreaking insight into the mature market. Now, in 2012, researchers are back to look at changes in retirement living related to economic issues, demographic trends, and incredible advances in technology.
While some long-term care providers and their residents might worry about feeling cut off from the rest of the world as the aging process takes hold, that's clearly not the case at Asbury Methodist Village in Gaithersburg, MD.
Continuing care retirement communities can improve their occupancy rates by incorporating senior move management services into their move-in enticement options.
Many states are not prepared to meet seniors' needs as they grow older and should look at more housing assistance that can accommodate them, suggests a new report.
Ziegler recently announced the closing of a $77,030,000 fixed-rate issue for Friendship Village of Tempe. FVT is the largest life care CCRC in the greater Phoenix market. The 46-acre community offers 572 independent living units (comprising both garden homes and residential apartments), 67 assisted living beds, and a healthcare center that includes 128 skilled nursing beds, 24 memory care rooms, and 14 hospice beds.
The market for long-term care services is likely to grow at a rate of 5% to 6% per year, a new study finds. Healthcare market research publisher Kalorama estimates the long-term care market in 2010 was $258 billion in its new report, "Long Term Care Market: Nursing Homes, Home Care, Hospice Care, and Assisted Living."
The nation's largest continuing care retirement community will receive a very special visitor today: Memogolo Semane Molotlegi, The Queen Mother of The Bafokeng Nation in South Africa. She will be visiting Riderwood in Silver Spring, MD, to learn how to apply American-style senior housing concepts in her community.
The number of U.S. continuing care retirement communities—often estimated at around 2,500—is actually fewer than 1,900, according to a new analysis by Ziegler Capital Markets.
A demonstration proposal that would create a new kind of continuing care retirement community would save state Medicaid programs upwards of 20% on long-term care costs, according to a report from Avalere.
The continuing care retirement community sector is facing a negative outlook over the next 12 to 24 months, according to the newly released CCRC Median Ratios report from Fitch Ratings. Fitch will hold a conference call at 11a.m. EST this morning to discuss the findings.