Profitability Improved For CARF-Accredited Continuing Care Retirement/Life Plan Communities In 2024

Profitability for single-site continuing care retirement (CCR)/life plan communities (LPCs) accredited by the Commission on Accreditation of Rehabilitation Facilities (CARF) increased between 2023 and 2024, according to an analysis of financial metrics.

CCR/LPCs are two names used for the same type of senior living arrangement. CCR is an older term still used by some states; LPC is the preferred industry term. These senior living communities offer multiple levels of care, including independent living, assisted living, and/or skilled nursing care. In addition to housing, LPCs may offer communal services such as dining, transportation, wellness activities, health services . . .