Continuing Care Retirement Communities

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This book examines the risks and benefits of Continuing Care Retirement Communities (CCRC). CCRCs can benefit older Americans by allowing them to move among and through independent living, assisted living, and skilled nursing care in one community. …

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    Om Continuing Care Retirement Communities

    This book examines the risks and benefits of Continuing Care Retirement Communities (CCRC). CCRCs can benefit older Americans by allowing them to move among and through independent living, assisted living, and skilled nursing care in one community. They offer a range of contract types and fees that are designed to provide long-term care and transfer different degrees of the risk of future cost increases from the resident to the CCRC. Developing CCRCs can be a lengthy, complex process that requires significant long- term financing and accurate revenue and cost projections. Once operational, risks to long-term viability include declining occupancy and unexpected cost increases. While few CCRCs have failed, challenging economic and real estate market conditions have negatively affected some CCRCs occupancy and financial conditions.

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    Spesifikasjoner

    Format
    E-Bok
    Kopisperre
    Teknisk DRM
    Filformat
    PDF
    Utgivelsesår
    2016
    Forlag
    Nova Science Publishers
    Språk
    Engelsk
    ISBN
    9781621009580
    Sider
    111

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