Assisted Living Executive Releases 2008 Largest Providers List (USA)

Main Category: Seniors / Aging
Also Included In: Caregivers / Homecare
Article Date: 17 Apr 2008 - 2:00 PST

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Assisted Living Executive, the magazine of the Assisted Living Federation of America (ALFA), has released its annual list of the Largest Providers in the assisted living business. This year's list expands the rankings from the Top 50 to the Top 70 - giving readers and industry watchers an even broader view of the competitive assisted living landscape. The list and accompanying story appear in the April issue of the magazine.

This year's top 10 companies, ranked by total assisted living resident capacity, are:

1. Sunrise Senior Living, McLean, VA
2. Emeritus Senior Living, Seattle, WA
3. Brookdale Senior Living, Chicago, IL
4. Sunwest Management Inc., Salem, OR
5. Atria Senior Living Group, Louisville, KY
6. Assisted Living Concepts, Milwaukee, WI
7. Merrill Gardens, Seattle, WA
8. Five Star Quality Care, Newton, MA
9. HCR ManorCare, Toledo, OH
10. Leisure Care, Seattle, WA

Recent mergers and acquisitions dramatically changed the lineup of top companies this year. Emeritus Senior Living pushed Brookdale Senior Living from the No. 2 spot, thanks to its merger last summer with Summerville Senior Living (No. 6 on the 2007 list). Moving from No. 7 to Summerville's former spot at No. 6 is Assisted Living Concepts, which increased its resident capacity by 728 (9 percent), due mostly to procuring eight Southeastern communities from CaraVita Senior Care.

Fanville, New Jersey-based Chelsea Senior Living made the biggest jump since last year, moving from No. 50 to No. 37. The company's gains in capacity were made via the acquisition of just three management contracts. Also making a big move on this year's list, Mt. Laurel, New Jersey-based Brandywine Senior Living gained 498 residents (or 45 percent) and jumped from No. 40 to No. 29.

The annual Assisted Living Executive Largest Providers list is the definitive ranking of the largest providers in the business. Research is compiled by the staff of Assisted Living Executive from surveys and interviews with assisted living providers.

About Assisted Living Executive magazine: The flagship publication of ALFA, Assisted Living Executive reaches more than 15,000 C-level and senior executives. Published nine times per year, the magazine focuses on best practices and strategic solutions that advance operational excellence for senior living companies. Assisted Living Executive is an ALFA membership benefit and is also available by subscription. Go to http://www.alfa.org/sub scribe for details.

About the Assisted Living Federation of America: ALFA is the largest national association exclusively dedicated to professionally managed assisted living communities for seniors. ALFA serves as the voice for senior living and advocates for informed choice, quality care, and accessibility for all Americans needing assistance with long-term care. Go to http://www.alfa.org for more information.