Nancy Morrill and her subgroup have been working to develop a Resident Bill of Rights suitable for adoption by the State of Pennsylvania. Attached is the current draft Bill of Rights for people in the independent living parts of Pennsylvania CCRCs. It contains two minor revisions to what was circulated in advance of the last […]
Resident Bill of Rights Read More »
In 1980, when Pennswood opened, CCRCs were a new concept and growing. As we approach the 45th anniversary, the concept is alive and well and still growing. Here are two surveys of the still new industry, one done shortly after our opening, and one published last month. I thought our discussion group would enjoy browsing
CCRCs Then and Now Read More »
More than a good idea, the Greenhouse Project is one innovation in the continuum of care that is gaining traction. It offers supportive care for those in need of it in a setting that encourages friendships and closer relationships with care givers and residents. It’s a type of congregate care that is less institutional and
Innovation: The Greenhouse Project Read More »
The article linked below is not a dive into financial minutia. Cumming is editorializing about whose interests these two organizations protect. Pennswood relies on both of them for information important to planning, marketing, and self-assessment. As residents, the Fitch rating is an important benchmark measure of our corporate financial health. Read this to become more
Jack Cumming on Fitch Ratings and Leading Age Read More »
CEO Dan Murray has posted the second in a series of weekly planning questions for residents to ponder and answer. Here is my response to today’s query. What do you think? Post a comment.
Question 2 for Pennswood Residents Read More »
Thursday, June 6th, we have the privilege of hearing Jennifer Schwalm speak about conditions in the senior living and life care market place. Pennswood, in addition to being our community and our home, is a competitor in these markets. For strategic planning, it is essential that we inform ourselves about the business prospects and other
Jennifer Schwalm’s Talk Read More »
Although residents don’t think of themselves as investors, we do have an investment in Pennswood. There are also other investors who provide the capital behind bonds and other debt instruments that Pennswood and other senior living enterprises require. This article discusses the risks and rewards as seen by traditional bond investors. Unless regulations dictate otherwise,
Investors See Risk in Senior Housing Read More »
