Brookdale remains largest senior living operator in the country, ALFA rankings show

Share this article:

Stability was a theme of 2012, at least among the biggest players in the senior living sector. The Assisted Living Federation of America recently released its annual list of the largest providers by total resident capacity, and the top 12 positions remained the same as in 2011. All but three of these companies saw capacity growth.

Brookdale Senior Living led the pack again, followed by Emeritus Corp., Holiday Retirement, Sunrise Senior Living and Life Care Services LLC. The rankings are based on the companies' self-reported resident capacity as of Jan. 1, 2013.

The deal with the most noteworthy impact on ALFA's list was Genesis HealthCare's $215 million acquisition of Sun Healthcare Group last summer. This boosted Genesis from No. 36 to No. 24. Another major deal was the fall 2012 announcement that Health Care REIT was purchasing Sunrise

Overall, the 80 companies on ALFA's list represented a capacity of 514,000, up 2% from last year. The sector is poised for further expansion in 2013, with investment experts and industry executives telling ALFA that mergers and acquisitions will continue to drive growth.

The full list is available here.

Share this article:
close

Next Article in News

More in News

Long-term care continues to lead in deal volume and value: PwC report

Long-term care continues to lead in deal volume ...

Long-term care bucked healthcare industry trends with strong merger and acquisition activity in the second quarter of 2014, according to newly released data from professional services firm PricewaterhouseCoopers.

Empowering nurse practitioners could reduce hospitalizations from SNFs, study finds

Granting more authority to nurse practitioners is associated with reduced hospitalization of skilled nursing facility residents, according to recently published findings.

Pioneer ACO drops out of program, despite reductions in skilled nursing utilization

A California healthcare system has become the latest dropout from the Pioneer Accountable Care Organization program, despite reducing skilled nursing facility utilization and improving its readmission rates. Sharp HealthCare announced its decision in a quarterly financial statement released Tuesday.