Seeking to fill a perceived information gap in the analysis of bonds for continuing care retirement communities, Fitch Investors Service Inc. last month unveiled a list of ratios it hopes will become an industry standard.

"In terms of ratios, it has been almost impossible to compare one CCRC with another," said Edward C. Merrigan, a senior vice president at Fitch and author of the agency's special report. Mr. Merrigan said the ratios are the first to be made available industry-wide.

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