Following a year that brought blockbuster acquisitions and record-breaking deal volume, this year’s ranking of the largest senior living providers reflects the growth and consolidation of the top players in the market.
Notably, the biggest change in the list is the merging of Brentwood, Tennessee-based Brookdale Senior Living (NYSE: BKD) and Emeritus Senior Living Corp. (NYSE: ESC), which brings the combined entity’s total resident capacity to 113,022, with 1,140 properties under its belt, according to the Assisted Living Federation of America’s (ALFA) annual ranking of senior living providers by resident capacity.
With less than half the resident capacity of Brookdale and less than one-third of the number of properties, Holiday Retirement ranks second in the list, operating 306 properties with a capacity of 41,508 residents.
Ranking third is Life Care Services LLC with a resident capacity of 25,989, followed by Five Star Quality Care (25,133) and Sunrise Senior Living (25,065), which traded places since last year’s ranking.
Rounding out the top-10 senior living providers are Erickson Living Management, Atria Senior Living Group, Senior Lifestyle Corp., Capital Senior Living Corp. and Meridian Senior Living LLC, whose rankings shifted slightly over 2014.
ALFA also compiled the largest memory care providers, assisted living providers and independent living providers by size in its rankings.
Brookdale, Sunrise, Meridian, HCR ManorCare and Five Star comprised the top-five memory care providers by resident capacity. For assisted living providers, Brookdale, Sunrise, Five Star, Atria and Meridian rounded out the top-five in the rankings. And the top-five independent living providers ranked as follows: Holiday Retirement, Brookdale, Erickson, Life Care Services and Five Star.
View the full ALFA report of the 80 largest senior living providers in 2015.
Written by Emily Study
The post The Top-10 Largest Senior Living Providers in 2015 appeared first on Senior Housing News.