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Continuing Care Retirement Community (CCC) Council October 3, 2019Page 1 of 19Mark Hennessy: of the Continuing Care Retirement Community Council. I am Mark Hennessy, the chair of the council. I would
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What is continuing care retirement communities?
Continuing care retirement communities (CCRCs) provide a range of housing options and services for older adults, including independent living, assisted living, and skilled nursing care, with the goal of allowing residents to age in place.
Who is required to file continuing care retirement communities?
CCRCs are typically required to file annual financial reports with the appropriate regulatory agency in the state where they operate.
How to fill out continuing care retirement communities?
CCRCs must fill out the necessary financial reporting forms provided by the regulatory agency and submit them by the deadline.
What is the purpose of continuing care retirement communities?
The purpose of CCRCs is to provide a continuum of care and services to older adults as they age, allowing them to remain in one community rather than having to move to different facilities as their needs change.
What information must be reported on continuing care retirement communities?
CCRCs are typically required to report financial data including revenue, expenses, assets, liabilities, and occupancy rates.
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