A few high-profile bankruptcy filings by continuing care retirement communities (CCRCs) brought a lot of scrutiny to the whole concept, but these are isolated incidents that aren’t indicative of the entire sector, according to LeadingAge, and these types of communities have a strong future. CCRCs were impacted by the recession and housing market crash, as […]
LeadingAge
In recent months, some continuing care retirement communities (CCRCs) have found themselves struggling to attract residents and a dwq have even ended up in bankruptcy court, but this hasn’t prevented others from forging ahead and offering new services and programs, such as a vacation travel network. Mather LifeWays in Evanston, Ill., and La Posada, in […]
The Joint Select Committee on Deficit Reduction may have failed at their task of creating a deficit reduction plan, but that doesn’t mean those in the senior housing and care industry are going to sit back and wait for the automatic 2% cuts. The industry has been waiting to see what would come of the […]
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