CCRC

Expenditures on nursing home, CCRC care projected to rise 69% over next decade

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Spending on nursing care and continuing care retirement communities is expected to roughly keep pace with total U.S. healthcare spending during the next decade, according to a government report released Wednesday.

Ask the legal expert ... about personal liability insurance

Ask the legal expert ... about personal liability insurance

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Do you think nursing home or CCRC staff members should have their own personal liability insurance?

Former resident's family member helped blogger access nursing home to photograph Sen. Cochran's wife, authorities say

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Investigators say that three more people, in addition to the political blogger originally arrested, have been charged as alleged conspirators in the unauthorized photographing of a U.S. Senator's wife in her nursing home room. One of the newly charged individuals has a connection to the continuing care retirement community involved and might have helped the blogger gain access, Mississippi authorities added.

Brookdale, HCP to create $1.2 billion CCRC venture

Brookdale and real estate investment trust HCP Inc. have announced plans to create a $1.2 billion continuing care retirement community joint venture.

Kisco Senior Living breaks ground in NC

Kisco Senior Living held a groundbreaking ceremony for The Cardinal at North Hills on Tuesday.

Lancaster Pollard involved in $30.5 financing deal with NCR; works with Eskaton

Lancaster Pollard has assisted National Church Residences with two financings at $30.5 million, including an obligated group with outstanding tax-exempt bonds.

Ziegler closes $73.5M in financing for Texas community

Ziegler has closed $73.47 million in financing for MRC The Crossings. In December 2012, MRC purchased approximately 19 acres and began funding the pre-development and marketing costs of a continuing care retirement community.

Dining upgrades a la 'cart'

Dining upgrades a la 'cart'

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French method used to enhance dining experiences, and menu choices, at south Florida continuing care retirement community

New DON at Ashby Ponds

New DON at Ashby Ponds

Alberta Momoh, RN, MSN, is the new director of nursing at Ashby Ponds in Ashburn, VA.

CCRC engineers holiday cheer

CCRC engineers holiday cheer

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Arbutus Park Retirement Community does not just deck the halls for the holiday season. It lays down rails.

Ziegler ranks stand-alone, non-profit CCRCs by size

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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 chooses Status Solutions

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.

Average CCRC director salary reaches $148,000, survey finds

Average CCRC director salary reaches $148,000, survey finds

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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.

Greener pastures

Greener pastures

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After seven years, Greenfields of Geneva becomes a reality for Illinois seniors, featuring a luxurious setting overlooking a golf course.

For long-term care operators, safe bets can be anything but

For long-term care operators, safe bets can be anything but

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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.

60 Seconds with Gary Kelso, Chairman AHCA Not-for-Profit Council

60 Seconds with Gary Kelso, Chairman AHCA Not-for-Profit Council

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What does a not-for-profit council do for a mostly for-profit association like AHCA?

Technology, autonomy important to CCRC residents: report

Technology, autonomy important to CCRC residents: report

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The incoming continuing care retirement community resident is healthier, more technologically savvy and increasingly informed, a new report suggests.

Building up the executive director's tool kit

Building up the executive director's tool kit

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.

Through the looking glass at a CCRC

Through the looking glass at a CCRC

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.

Providers should say, 'Jawohl!' to international interns

Providers should say, 'Jawohl!' to international interns

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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.

8 questions to help providers with community move managers

8 questions to help providers with community move managers

Continuing care retirement communities can improve their occupancy rates by incorporating senior move management services into their move-in enticement options.

More senior living communities are needed, report suggests

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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 closes $77 million financing deal

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.

Big future ahead for sub-acute healthcare providers offering continuum of care, researchers predict

Big future ahead for sub-acute healthcare providers offering continuum of care, researchers predict

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."

African queen visits U.S. long-term care community today

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.

Report lowers estimated number of U.S. continuing care retirement communities

Report lowers estimated number of U.S. continuing care retirement communities

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.

New kind of CCRC would lower states' Medicaid costs, report finds

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.

Fitch Ratings: Negative outlook for continuing care retirement communities

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.

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