Pine Park Health Expands Value-Based Care Model, With Affordable Housing a Target

Pine Park Health is expanding its value-based health care model further into the affordable senior housing sector. Pine Park Health Chief Commercial Officer Dan O’Neill announced last week on LinkedIn that the company has expanded its value-based, in-home primary care model to serve nearly 400 more residents in Northern California. Pine Park currently operates in […]

Non-Profit Operators Keep ‘Grow or Die’ Mindset Despite Construction, Labor Hurdles

A majority of non-profit senior living operators are sticking to their growth plans, even as workforce shortages and construction pressures continue to make doing so complicated. According to Ziegler’s CFO Hotline report for August, 58% of non-profit senior living operators say they are moving forward with their growth pipelines as planned this year. The report, […]

Average Salary for Executive Directors of CCRCs Exceeds $190K

Average salaries for executive directors at continuing care retirement communities (CCRCs) has grown almost 3.8% in 2022, with other community positions seeing even larger increases. That’s according to the 25th annual CCRC Salary & Benefits Report from Hospital & Healthcare Compensation Service (HCS). The latest report, which HCS published with the endorsement of industry association […]

Best CCRC Lite Design of 2021: A Sprawling Community Open to the Public

Executives and design partners involved with the development of The Holbrook of Woodstock knew they wanted a concept that could disrupt senior living norms while finding new ways of approaching amenities. The Holbrook at Woodstock is a continuing care retirement community (CCRC) on a sprawling 20-acre site in suburban Atlanta that incorporates 300 independent living, […]

Life Plan Community Occupancy Hit 85.7% in 4Q, Continuing Covid Rebound

Average occupancy for life plan communities rose to 85.7% in the fourth quarter of 2021, representing a gain of 1.4 percentage points from pandemic lows seen in the first two quarters of last year. But despite the rebound in occupancy, life plan communities still have more occupancy to regain before the sector is back to […]

Mather CEO Leary: ‘Remarkable’ Data Supports New Senior Living Wellness Paradigm

Despite the challenges posed by Covid-19, independent living residents of life plan communities maintained their wellbeing to a remarkable extent last year. That’s according to Mather CEO Mary Leary, who spoke with Senior Housing News about the latest findings from the longitudinal Age Well Study, released this week. “The findings showed that residents, on average, […]

Mather Launches New Senior Living Wellness Model, Aims for Widespread Industry Adoption

An influential senior living provider and research organization is introducing a new wellness model, with hopes that the approach will gain traction throughout the sector and better attract and serve a rising generation of older adults. The “person-centric wellness model” was developed by Mather, a non-denominational, non-profit organization based near Chicago in Evanston, Illinois. Mather […]

Covenant Living Seeks to Buy CCRC That Filed for Chapter 11 Bankruptcy

Senior living nonprofit Covenant Living has entered into a purchase agreement to buy a CCRC in New Hampshire that recently filed for Chapter 11 bankruptcy. The organization behind the continuing care retirement community (CCRC), The Prospect-Woodward Home, filed for Chapter 11 bankruptcy protection in New Hampshire, where the community is located. Covenant is seeking to […]

Life Plan Community Occupancy Levels Near Record Low, But Beat Industry Averages

Occupancy for life plan communities held steady at 84.4% in the second quarter of 2021, still down nearly 5% compared to the previous year. And there are notable disparities in the occupancy rates between entrance fee-based life plan communities and their rental counterparts, as well as nonprofit and for-profit campuses. That’s according to a new […]

Average CCRC Executive Director Compensation Hits $172,400

Continuing care retirement communities (CCRCs) increased pay to management-level employees by 2.73% on average between April 2020 and March 2021. That’s according to the 24th annual CCRC Salary & Benefits Report from Hospital & Healthcare Compensation Service. The annual report is endorsed by industry association LeadingAge, and draws on responses from 545 CCRCs. Among CCRCs […]