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Long-Term Care Facilities
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SUN HEALTHCARE GROUP INC (SUNH)
Sun Healthcare Group, Inc. provides various healthcare services in the United States. It operates through five segments: Inpatient Service, Rehabilitation Therapy Service, Medical Staffing Service, Home Health Service, and Laboratory and Radiology Service. Inpatient Service segment, through SunBridge Healthcare Corporation and other subsidiaries, provides inpatient skilled nursing and custodial services, as well as rehabilitative, restorative, and transitional medical services. Its specialty acute rehabilitation hospitals offer inpatient and outpatient services for people with traumatic brain injuries, strokes, arthritis, and other disabling conditions, and assisted living facilities services for the elderly. Rehabilitation Therapy Service segment provides rehabilitation therapy services, including speech pathology, physical therapy, and occupational therapy. Medical Staffing Service segment provides temporary medical staffing. Its services include licensed therapists skilled in the areas of physical, occupational, and speech therapies; as well as nurses; pharmacists, pharmacist technicians, and medical imaging technicians; and related medical personnel. Home Health Service segment provides skilled nursing care, rehabilitation therapy, and home infusion services to adult and pediatric patients in California and Ohio. Laboratory and Radiology Service segment provides mobile radiology services to nursing facilities in Arizona, Colorado, and Massachusetts, and medical laboratory services to nursing facilities in Massachusetts. As of March 1, 2005, the company operated 104 long-term care facilities, including 87 skilled nursing facilities and 8 assisted living facilities, 6 mental health facilities, and 3 specialty acute care hospitals in 13 states with 10,659 licensed beds; and provided rehabilitation therapy services to 403 facilities in 40 states. Sun Healthcare Group was founded in 1989 and is based in Irvine, California.
Manor Care, Inc. provides various health care services in the United States. Its services include nursing care, assisted living, subacute medical and rehabilitation care, rehabilitation therapy, hospice care, home health care, and management services for subacute care and rehabilitation therapy. The company through its nursing centers provides physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, or other illnesses, injuries, or disabilities. In addition, its centers provide nutrition, social service, and housekeeping and laundry services. It also provides medical and rehabilitation programs for patients recovering from surgery, injury, or cardiovascular, respiratory, infectious, endocrine, or neurological illnesses. Manor Care provides services and facilities for Alzheimer's patients. Its hospice services focus on the physical, spiritual, and psychosocial needs of individuals facing a life-limiting illness. The home health care assists those who wish to stay at home or in assisted living residences but still require some degree of medical care or assistance with daily activities. It also provides services, such as wound care and dressing changes; infusion therapy; cardiac rehabilitation; and physical, occupational, and speech therapies. As of December 31, 2004, the company operated 279 nursing facilities and 65 assisted living facilities in 31 states. Manor Care provides rehabilitation therapy in its long-term care centers, other centers, hospitals schools, work sites, and in its 89 outpatient therapy clinics serving the midwestern and mid-Atlantic states, Texas, and Florida. In addition, the company is a majority owner in a medical transcription business, which converts medical dictation into electronically formatted patient records. Manor Care is headquartered in Toledo, Ohio.
SUNRISE SENIOR LIVING INC (SRZ)
Sunrise Senior Living, Inc. provides senior living services with operations in the United States, Canada, the United Kingdom, and Germany. It offers independent living services, which include housing, meals, transportation, activities, and housekeeping, as well as provides licensed skilled nursing services for residents who require 24-hour skilled nursing care. The company provides assisted living services for residents, who require frequent or intensive assistance, skilled nursing care, and rehabilitative care. It also provides its services for individuals with Alzheimer's and other forms of memory loss. As of June 30, 2005, Sunrise Senior Living operated 402 communities comprising 385 communities in the United States, 10 communities in Canada, 5 communities in the United Kingdom, and 2 communities in Germany, with a total resident capacity of approximately 48,000. It was also providing preopening management services to 38 communities under construction, as of the above date. The company was co-founded by Paul Klaassen and Teresa M. Klaassen in 1981. Sunrise Senior Living is headquartered in McLean, Virginia.
EMERITUS CORPORATION (ESC)
Emeritus Corporation, an integrated assisted living company, operates residential style communities in the United States. These communities provide basic services, assisted living services, and special care program for senior citizens who need help with the activities of daily living. Its basic services include three nutritious meals per day; social and recreational activities; weekly housekeeping and linen service; building maintenance; individual apartment maintenance and grounds keeping; 24-hour emergency response and security; licensed nurses available to monitor and coordinate care needs, organize wellness activities, and transportation to appointments; and excursions for independent, assisted living, and those with Alzheimer's and related dementia. The company's assisted living services consist of medication management and supervision; reminders for dining and recreational activities; assistance with bathing, dressing, and grooming; incontinence care and assistance; psycho-social support; dining assistance; and miscellaneous services, such as diabetic management, prescription medication reviews, transfers, and simple treatments for assisted living residents. Emeritus Corporation's special care programs include personalized environment, activities planned to support interactions, and specialized dining and hydration programs, as well as partnerships with families and others through support groups, one-on-one meetings, and educational forums for residents with Alzheimer's and related dementias. The company also provides management services to independent and related-party owners of assisted living communities. As of March 31, 2005, Emeritus had interests in 182 communities representing capacity for approximately 18,400 residents in 34 states. The company was founded by Daniel R. Baty, Raymond R. Brandstrom, and Frank A. Ruffo Jr. in 1993. Emeritus is headquartered in Seattle, Washington.
ASSISTED LIVING CONCEPTS INC NEW (ALC)
Assisted Living Concepts, Inc. and its subsidiaries operate assisted living residences for seniors in the United States. The company offers general services, such as meals, activities, laundry, and housekeeping; support services, including assistance with medication, monitoring health status, coordination of transportation, and coordination with physician offices; and personal care, such as dressing, grooming, and bathing. It also arranges access to additional services from third-party providers, including physical therapy, occupational and respiratory therapy, home health, hospice, and pharmacy services. As of December 31, 2006, Assisted Living Concepts operated 207 assisted living residences containing 8,302 units in 17 states. The company was founded in 1994 and is headquartered in Milwaukee, Wisconsin.
NATIONAL HEALTHCARE CORPORATION (NHC)
National HealthCare Corporation (NHC) operates long-term health care centers with associated assisted living and independent living centers primarily in the southeastern United States. The company's health care services include a range of services through related or separately structured long-term health care centers, specialized care units, pharmacy operations, rehabilitative services, assisted living centers, retirement centers, and homecare programs. It also offers professional health services that include physical, speech, and occupational therapies. The company also provides center-specific medical specialty units, such as Alzheimer's disease care units and subacute nursing units. In addition, NHC owns, leases, or manages assisted living projects, offering basic room and board functions for the elderly with the on-staff availability to assist in minor medical needs. Additionally, the company offers management, accounting and financial, and insurance services to its customers. As of September 30, 2005, the company managed 74 long-term health care centers with a total of 9,177 licensed beds. It also operated 31 homecare programs, 6 independent living centers, and 22 assisted living centers, as of the above date. NHC was founded in 1971 and is based in Murfreesboro, Tennessee.
CAPITAL SENIOR LIVING CORPORATION (CSU)
Capital Senior Living Corporation (CSLC) engages in the ownership, operation, development, and management of senior living communities throughout the United States. The company provides various senior living services to the elderly, including independent living, assisted living, skilled nursing, and home care services. Its independent living services include daily meals, transportation, social and recreational activities, laundry, housekeeping, health care monitoring, and 24-hour staffing. CSLC's assisted living care and services include personal care services, support services, and supplemental services. It provides traditional long-term care services through registered nurses, licensed practical nurses, and certified nursing assistants in skilled nursing facilities. The company also offers a range of restorative nursing and rehabilitation services in its communities, including physical, occupational, speech, and medical social services. In addition, it also provides private pay and home care services to its clients, as well as offers customized physician, dentistry, podiatry, and other health-related services. As of December 31, 2004, the company operated 54 senior living communities in 20 states, as well as a home care agency. The company was incorporated in 1996 and is headquartered in Dallas, Texas.
FIVE STAR QUALITY CARE INC (FVE)
Five Star Quality Care, Inc. (FSQC) operates senior living communities, including independent living and congregate care communities, assisted living communities, and nursing homes. The company primarily provides independent living, assisted living, social services, recreational activities, long term care, short term rehabilitation, skilled nursing care, hospice care, respite care, physical therapy, occupational therapy, speech language pathology, and nutritional support services to its residents. As of December 31, 2004, FSQC operated 148 communities containing 16,573 living units, including 96 independent and assisted living communities containing 11,724 living units, and 52 nursing homes containing 4,849 living units. It operates in Maryland, Georgia, California, Wisconsin, and Nebraska. The company was formed in 2000 as a wholly owned subsidiary of Senior Housing Properties Trust (Senior Housing) and completed its spin-off from Senior Housing in December 2001. Five Star Quality Care, Inc. is headquartered in Newton, Massachusetts.
BROOKDALE SENIOR LIVING INC (BKD)
Brookdale Senior Living, Inc. operates senior living facilities in the United States. It offers independent living facilities, assisted living facilities, and retirement centers/ continuing care retirement communities (CCRCs). The company's independent living facilities, designed for the people aged about 70 and older, provides various education, wellness, therapy, home health, and other ancillary services. Its assisted living facilities offer housing and 24-hour assistance with ADLs to mid-acuity frail and elderly residents. Brookdale's retirement centers/CCRCs provide various living arrangements and services to accommodate all levels of physical ability and health. As of December 31, 2006, it operated approximately 66 independent living facilities with 11,986 units/beds; 408 assisted living facilities with 20,974 units/beds; 48 retirement centers or CCRCs with 13,763 units/beds; and 24 facilities with 4,548 units/beds. The company is headquartered in Chicago, Illinois.
Advocat, Inc. provides long-term care services to nursing home patients in the southeast United States. The company offers various non-institutional and institutional services, which include skilled nursing, ancillary health care services, and assisted living to the elderly. It also provides rehabilitative, nutritional, respiratory, and various specialized ancillary services. As of December 31, 2006, the company operated 43 nursing centers containing 4,505 licensed nursing beds and 66 assisted living units. It has nursing centers in Alabama, Arkansas, Florida, Kentucky, Ohio, Tennessee, Texas, and West Virginia. The company was founded in 1994 and is based in Brentwood, Tennessee.
ODYSSEY HEALTHCARE INC (ODSY)
Odyssey HealthCare, Inc. and its subsidiaries provide hospice care in the United States. Its hospice services focus on palliative care for patients with life-limiting illnesses, which is care directed at managing pain and other discomforting symptoms, and addressing the psychosocial and spiritual needs of patients and their families. The company provides medical, psychosocial care, and certain other support services related to the patient's terminal illness. Odyssey HealthCare's services include nursing care, medical social services, physician services, general inpatient care, medical supplies and equipment, drugs for pain control and symptom management, home health aide services, homemaker services, and family bereavement counseling. It also offers patient counseling; therapies, including physical, occupational, and speech; and respite inpatient care. Odyssey HealthCare was founded in 1995 by Richard R. Burnham and is based in Dallas, Texas.
KINDRED HEALTHCARE INC (KND)
Kindred Healthcare, Inc. operates hospitals, nursing centers, institutional pharmacies, and a contract rehabilitation services business in the United States. It operates in four divisions: Hospital, Health Services, Rehabilitation, and Pharmacy. Hospital division operates long term acute care hospitals, which provide outpatient services, including diagnostic services, CT scanning, one-day surgery, laboratory, and X-ray, as well as short term acute care hospitals. Health Services division, through its nursing centers, provides patients and residents with long term care services; pharmacy, medical, and clinical services; and routine services, including daily dietary, social, and recreational services. Rehabilitation division provides rehabilitative services primarily in long term care settings, and to hospitals, school districts, outpatient clinics, home health agencies, assisted living facilities, and hospice providers. It also offers contract therapy services, including physical, occupational, and speech therapies. In addition, this division provides specialized rehabilitation programs designed to deal with dementias and Alzheimer's disease, wound care, pain management, and pulmonary therapies. Pharmacy division provides pharmaceutical dispensing services to residents of nursing centers and assisted living facilities. It also sells pharmaceuticals, including prescription and nonprescription. This division also offers various supplemental healthcare services, such as consultant pharmacist services. As of September 30, 2005, the company operated 73 hospitals with 5,603 licensed beds in 24 states; 245 nursing centers with 31,323 licensed beds in 28 states; and operated an institutional pharmacy business with 39 pharmacies in 23 states. The company is headquartered in Louisville, Kentucky.
ADCARE HEALTH SYSTEMS INC (ADK)
AdCare Health Systems, Inc. engages in the development, ownership, and management of retirement communities, assisted living facilities, and nursing homes, as well as in the provision of home health care services in the state of Ohio. It owns and operates assisted living facilities primarily under the name Hearth & Home. The company also manages assisted living facilities and nursing homes owned by third parties; provides development, consulting, and accounting services to hospitals, churches, universities, and other parties interested in pursuing long-term care initiatives; and offers home health care services to patients while they are living in their own homes. As of December 31, 2006, it managed 15 facilities, comprised of 6 skilled nursing centers, 7 assisted living residences, and 2 independent living/senior housing facilities, totaling over 800 beds. The company was founded in 1988 and is based in Springfield, Ohio.