What is a continuing care retirement community CCRC?

What is a continuing care retirement community CCRC?

A continuing care retirement community or CCRC is a facility that basically has this aging in place concept where you move in, and generally when people move in, they are in pretty good shape and don't require a lot of assistance, but the idea is that no matter how much assistance they may need, as life goes on and whatever medical conditions may develop and so on, that they can stay in that setting and so they have got an independent setting, and then they will have an assisted setting, and then usually they have got a nursing facility, all within the same campus. So, you can go up or down in levels of care, depending on what else is going on with you. If you break a hip, you go to the nursing centre for a while and then you can move back, if you are doing okay, and so on.