Continuing Care Retirement Communities : Risks & Benefits
Book Details
Format
Paperback / Softback
ISBN-10
1621009459
ISBN-13
9781621009450
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Apr 1st, 2012
Print length
101 Pages
Weight
210 grams
Dimensions
22.60 x 15.00 x 0.80 cms
Product Classification:
Care of the elderly
Ksh 11,150.00
Not available
Delivery Location
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Quality
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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. 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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