Glossary of Terms header image

Glossary of Terms

Accreditation 
Achieving accreditation requires a Continuing Care Retirement Community (CCRC) to commit to quality improvement and place its focus on the unique needs and results of services for each person it serves. A CCRC that earns accreditation is commended on its quest for quality programs and services. The prestigious recognition is like earning a Good Housekeeping Seal of Approval.

Peconic Landing earned the distinctive five–year accreditation as a CCRC and Person-Centered Long Term Care Community, joining a coveted list of about 8% of CCRCs in the country to have achieved this distinction.

The Shores Care Center at Peconic Landing also earned national recognition from CARF for quality programs and programs and is the sole recipient of Person-Centered Long Term Care Community accreditation in the New York Metropolitan Area.

CCRC 
A CCRC is a Continuing Care Retirement Community. CCRCs have two defining characteristics: They provide a continuum of care and there is a contractual agreement between the resident and the CCRC that provides specific guaranteed services.

Equity 
Equity ownership in a lifecare retirement community provides added value. While the lifecare contract provides a safety net against the rising cost of long-term care and a mechanism for asset protection, the equity component enables you to retain the tax benefits of home ownership without the worry of home maintenance. You also have a potential for appreciation and an opportunity to finance your purchase, which is not afforded by traditional lifecare entrance fee models.

Lifecare 
Lifecare communities provide residential living accommodations, enriched living and long-term nursing care. The lifecare contract enables residents to move from one level of living to another with no increase in fees. There are three criteria for lifecare eligibility in NY State: 62 years of age or older, health requirements and financial requirements.

Lifecare communities are overseen by the NY State Attorney General’s Office, the Commissioner of Insurance, the Health Department and the Continuing Care Council, and are governed by stringent regulations. Peconic Landing is the first and only lifecare retirement community in New York State offering equity ownership.

Lifetime Learning 
Created by Peconic Landing residents, Lifetime Learning is a community-based academic experience that offers opportunities to not only take classes, but to share knowledge on a particular subject with peers in a study group setting. Topics range from basic computer processing to the Arts of Japan to the Energy Crisis. The Lifetime Learning Program received national accolades when it was invited to participate in Elderquest, a nation-wide program sponsored by The University of Massachusetts, Boston and partially funded by the National Endowment for the Humanities. In fact, Peconic Landing was one of only two community-based learning centers to be recognized without an affiliation to a college or university.

Radical Maturity 
A Peconic Landing expression that describes the exhilarating time after professional life where residents immerse themselves in life-long passions while also exploring new pursuits.

Working Wonders 
Working Wonders is the work/life balance program created and embraced by Peconic Landing employees. It received the “Innovation of the Year Award” from New York State Homes and Services for the Aging (NYAHSA).

Launched to encourage employees to embrace whole-person wellness by achieving balance, Working Wonders suggests quick and easy ways to incorporate positive new lifestyle behaviors into employees’ daily lives. The program integrates all aspects of a person’s life – work, family, personal interests, body, mind and spirit. After earning points through Fitness & Nutrition and Culture & Knowledge activities, participants are rewarded with prizes.

Working Wonders participants have immersed themselves in programs like ballroom dancing, floral arranging, fly fishing, jewelry making, tennis, exercise classes, digital photography, cooking and more.