Capital is one of the most critical issues facing CCRCs. Check here often for information on availability of capital and news on recent financings in the field of aging services.
Featured Content
What are Investment Experts Saying About Your Rates, Workforce, and Revenue Streams?
Assisted living pricing, workforce shortages, and revenue streams were among the hot topics at the fall conference of the National Investment Center for Seniors Housing & Care.
Why Are CCRCs Performing So Well?
Rising housing prices, declining mortgage delinquency rates, and favorable investment returns have led to better performance among continuing care retirement communities (CCRC) since 2013, according to a new report from Fitch Ratings.
Does Your Activity Director Deserve a Raise?
Activity directors in continuing care retirement communities (CCRC) received an average salary increase of 2.43% in 2015, according to the 2015-2016 Continuing Care Retirement Community Salary and Benefits Report. Hospital and Healthcare Compensation Service published the study in cooperation with LeadingAge.
ABHOW and be.group: A New Kind of Merger for Aging Services
ABHOW, a LeadingAge member in Pleasanton, CA, announced in early July that it is merging with be.group, a LeadingAge member in Glendale. The merger, which should be finalized in early 2016, illustrates a growing — and positive — trend in the field of aging services, according to Steve Maag, director of residential services at LeadingAge.
Most Common Mistakes in Financial Budgeting/Forecasting – Part I
In this first article of a three-part series, BKD addresses common mistakes related to complacency in the budgeting process. When preparing your organization’s finances, you should pay special attention to one-time items, incremental and historical budgeting, and the hockey stick effect.