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Continuing Care Contracts Branch
The Continuing Care Contracts Branch (Branch) enforces the Health and Safety Code, statutes governing continuing care providers. The Branch is responsible for evaluating the performance and financial health of providers to monitor their financial position and ability to fulfill their contractual obligations to the residents in continuing care retirement communities in California. This is accomplished by: reviewing applications for Certificates of Authority which authorizes a continuing care provider to enter into continuing care contracts; monitoring economic and marketing feasibility for all new developments; reviewing annual audited financial statements and reserve reports to ensure continuing care providers establish required reserves; reviewing financial transactions that result in an encumbrance or lien on the continuing care retirement community property or its revenues; monitoring continuing care providers with potential financial problems; reviewing continuing care contracts for compliance with the statutes; and ensuring that disclosure of basic information about continuing care providers is distributed.