What is a continuing care retirement community CCRC?

What is a continuing care retirement community CCRC?

Karl Steinberg (Associate Medical Director, Sharp Mission Park Medical Group) gives expert video advice on: What are the signs my parent is ready for long-term care?; What is the first thing I should do if I believe my parent needs long-term care?; Who can help me implement a long-term care plan for my parent? and more...

A continuing care retirement community, or CCRC as they've been called lately - and the names change periodically, but this is one of the so-called aging in place concept type institutions where usually you have to buy into the place. They may be fairly expensive, maybe a half a million dollars or something like that, and when you first go in there you are pretty close to independent. You are going to live out your days there so they have the ability to care for you at different levels of care depending on exactly what kind of condition you are in. But the beauty of it is that you get to stay in the same community until the day you die hopefully, and if you need to go to assisted, if you need to go to an actual nursing facility, they have all of those things on campus.