[Ranking] TOP 25 Long-Term Care Facilities / Healthcare Companies Q3/2023
Intro
Long-Term Care Facilities play a critical role in the global healthcare industry, providing specialized care and support to individuals who require extended assistance with their daily activities and medical needs. These facilities cater to a wide range of patients, including the elderly, chronically ill individuals, and those recovering from surgeries or injuries.
With the aging population and increasing prevalence of chronic diseases, the long-term care industry has gained immense significance. Its influence extends beyond healthcare, impacting various sectors such as insurance, pharmaceuticals, and technology. As the demand for long-term care services continues to grow, it creates opportunities for innovation and collaboration across industries.
The economic magnitude of long-term care facilities is staggering. According to industry reports, the global long-term care market is projected to reach a value of over $1 trillion by 2026. This upward trajectory is driven by factors such as rising healthcare costs, advancements in medical technology, and the need for specialized care for aging populations.
Recent trends in the long-term care industry reflect the evolving needs and preferences of patients. There is a shift towards person-centered care, promoting individual autonomy and quality of life. Additionally, technological advancements like telehealth and remote monitoring are transforming the way care is delivered. However, the industry also faces challenges such as workforce shortages, regulatory complexities, and the financial burden of long-term care.
The landscape of long-term care facilities is constantly changing, driven by demographic shifts, policy changes, and advancements in healthcare. Exploring the leading companies in this sub-industry provides insights into the innovative approaches, best practices, and solutions that shape the future of long-term care. These companies are at the forefront of providing high-quality care, improving patient outcomes, and addressing the evolving needs of the population.
Ranking
#25 Sabra Health Care REIT Inc.
Employees: 1.6K
Revenue: 650M$
Website: https://www.sabrahealth.com
Description: Sabra Health Care REIT Inc. is a prominent player in the Long-Term Care Facilities industry. Headquartered in Irvine, United States, the company specializes in investing in healthcare real estate, particularly in skilled nursing facilities, senior housing communities, and other healthcare-related assets. Since its establishment in 2010, Sabra Health Care REIT has been dedicated to providing essential infrastructure and support for quality healthcare services. With a workforce of approximately 1.6 thousand employees, the company operates a diverse portfolio of properties across North America. Sabra Health Care REIT generates an impressive annual revenue of around 650 million US dollars, solidifying its position as a leading real estate investment trust in the healthcare sector.
#24 CareTrust REIT Inc.
Employees: 1.2K
Revenue: 750M$
Website: https://www.caretrustreit.com/
Description: CareTrust REIT Inc. is a real estate investment trust that operates in the Long-Term Care Facilities industry within the healthcare sector. Headquartered in San Clemente, United States, CareTrust REIT was founded in 2014. With a workforce of approximately 1.2 thousand employees, the company focuses on acquiring, owning, and leasing skilled nursing, assisted living, and independent living facilities across the United States. CareTrust REIT generates annual revenue of around 750 million dollars. The company's mission is to provide reliable and high-quality care to seniors by partnering with experienced operators and investing in modern and well-maintained properties in the long-term care sector.
#23 Capital Senior Living Corporation
Employees: 3.2K
Revenue: 750M$
Website: https://www.capitalsenior.com/
Description: Capital Senior Living Corporation is a leading operator of long-term care facilities in North America. Headquartered in Dallas, Texas, the company was founded in 1990. With a workforce of approximately 3,200 employees, Capital Senior Living is committed to providing high-quality care and services to seniors in their communities. The company's revenue reached 750 million dollars, reflecting its strong presence in the long-term care industry. Capital Senior Living operates a portfolio of over 125 senior living communities, offering a range of housing options and personalized care services to meet the unique needs of each resident. Through its dedication to resident well-being and exceptional care, Capital Senior Living continues to be a trusted provider in the healthcare industry.
#22 Senior Lifestyle Corporation
Employees: 8K
Revenue: 1.2B$
Website: https://www.seniorlifestyle.com
Description: Senior Lifestyle Corporation is a leading operator of long-term care facilities in the healthcare industry. Headquartered in Chicago, United States, the company has been providing high-quality senior living services since its establishment in 1985. With a workforce of approximately 8,000 employees, Senior Lifestyle Corporation is dedicated to delivering exceptional care and support to seniors in their communities. The company's long-term care facilities offer a range of services including assisted living, memory care, and independent living options. Senior Lifestyle Corporation is committed to enhancing the quality of life for seniors through personalized care plans, engaging activities, and comfortable living environments. With annual revenue of 1.2 billion dollars, the company continues to expand its footprint and provide innovative solutions for the evolving needs of aging populations.
#21 Healthcare Realty Trust Inc.
Employees: 0.5K
Revenue: 1.2B$
Website: https://www.healthcarerealty.com
Description: Healthcare Realty Trust Inc. is a real estate investment trust (REIT) that operates in the Long-Term Care Facilities industry. Headquartered in Nashville, United States, the company was founded in 1992. With approximately 500 employees, Healthcare Realty Trust Inc. specializes in owning, acquiring, and leasing real estate properties that are primarily leased to healthcare providers, including hospitals, medical office buildings, and outpatient facilities. The company focuses on developing and managing properties that serve the healthcare industry, providing essential infrastructure to support the delivery of quality healthcare services. Healthcare Realty Trust Inc. generates an annual revenue of around 1.2 billion dollars, contributing to the growth and development of the healthcare sector.
#20 LTC Properties Inc.
Employees: 17K
Revenue: 1.2B$
Website: https://www.ltcproperties.com
Description: LTC Properties Inc. is a leading real estate investment trust (REIT) operating in the Long-Term Care Facilities industry. Headquartered in Westlake Village, United States, the company specializes in investing in senior housing and healthcare properties. With a history dating back to 1992, LTC Properties has established itself as a trusted partner for operators in the long-term care industry. The company owns and manages a diverse portfolio of properties, including assisted living communities, skilled nursing facilities, and memory care facilities. With a team of approximately 17,000 employees, LTC Properties is committed to providing high-quality care and accommodations for the elderly. In 2020, the company reported revenues of 1.2 billion dollars, showcasing its strong financial performance and position in the market.
#19 Sunrise Senior Living LLC
Employees: 15K
Revenue: 1.2B$
Website: https://www.sunriseseniorliving.com/
Description: Sunrise Senior Living LLC, headquartered in McLean, United States, is a prominent player in the Long-Term Care Facilities industry. Founded in 1981, the company operates a network of senior living communities across North America. With approximately 15,000 employees, Sunrise Senior Living is dedicated to providing personalized care and support for seniors in a warm and comfortable environment. The company offers a wide range of services, including assisted living, memory care, independent living, and short-term stays. Known for their emphasis on individualized care and engaging activities, Sunrise Senior Living strives to enhance the quality of life for their residents. With an annual revenue of 1.2 billion dollars, the company has established itself as a leader in the long-term care industry, making a positive impact on the lives of seniors and their families.
#18 Enlivant
Employees: 7.5K
Revenue: 1.2B$
Website: https://www.enlivant.com
Description: Enlivant is a leading operator in the Long-Term Care Facilities industry, providing high-quality senior living services to older adults across the United States. Headquartered in Chicago, Enlivant was founded in 1981 with a mission to enrich the lives of seniors by offering personalized care and support. With a dedicated team of 7.5K employees, Enlivant operates numerous assisted living and memory care communities, providing residents with a safe and engaging environment. The company's commitment to delivering exceptional care, combined with their innovative programs and amenities, has made them a trusted choice for families seeking long-term care solutions. Enlivant generates an annual revenue of 1.2B$, demonstrating their strong presence and success in the industry.
#17 Atria Senior Living Group Inc.
Employees: 12K
Revenue: 1.2B$
Website: https://www.atriaseniorliving.com/
Description: Atria Senior Living Group Inc. is a leading provider of long-term care facilities in the healthcare industry. Headquartered in Louisville, United States, the company operates numerous senior living communities across North America. Founded in 1996, Atria Senior Living Group aims to enhance the lives of seniors by providing exceptional services and personalized care. With a workforce of approximately 12,000 employees, the company offers a wide range of services including assisted living, memory care, and independent living. Atria Senior Living Group generates an annual revenue of around 1.2 billion dollars, reflecting its strong presence and success in the long-term care industry.
#16 Diversicare Healthcare Services Inc.
Employees: 10K
Revenue: 1.2B$
Website: https://www.diversicare.com
Description: Diversicare Healthcare Services Inc. is a leading provider of healthcare services in the Long-Term Care Facilities industry. Headquartered in Brentwood, United States, the company operates a network of skilled nursing and rehabilitation centers across North America. With a strong focus on delivering exceptional care and improving the quality of life for their residents, Diversicare offers a range of services including physical, occupational, and speech therapy, as well as long-term care for individuals with complex medical needs. Since its founding in 1994, Diversicare has grown significantly and currently employs approximately 10,000 dedicated healthcare professionals. The company has achieved impressive annual revenues, reaching 1.2 billion dollars, making it a major player in the long-term care industry.
#15 National HealthCare Corporation
Employees: 17K
Revenue: 1.2B$
Website: https://www.nhccare.com
Description: National HealthCare Corporation (NHC) is a leading operator in the Long-Term Care Facilities industry in the United States. Headquartered in Murfreesboro, Tennessee, NHC has been providing high-quality healthcare services since its founding in 1971. With a workforce of approximately 17,000 employees, NHC is committed to delivering compassionate care and improving the well-being of its residents. The company's long-term care facilities offer a range of services including skilled nursing care, assisted living, rehabilitation therapy, and home healthcare. NHC's dedication to excellence has made it a trusted name in the industry, and its annual revenue of 1.2 billion dollars reflects its strong position in the market.
#14 Covenant Care Inc.
Employees: 7.5K
Revenue: 1.2B$
Website: https://www.covenantcare.com
Description: Covenant Care Inc. is a leading provider of long-term care services in the healthcare industry. Headquartered in Pensacola, United States, Covenant Care operates in North America and is committed to providing high-quality care to individuals in long-term care facilities. With a history dating back to 1994, the company has established itself as a trusted name in the industry. Covenant Care employs approximately 7,500 dedicated professionals who strive to enhance the well-being and quality of life for their patients. The company's revenue stands at 1.2 billion dollars, reflecting its significant presence and success in the market.
#13 Omega Healthcare Investors Inc.
Employees: 10K
Revenue: 1.5B$
Website: https://www.omegahealthcare.com
Description: Omega Healthcare Investors Inc. is a leading real estate investment trust (REIT) that specializes in the ownership and operation of long-term care facilities. Headquartered in Hunt Valley, United States, Omega Healthcare Investors primarily operates in North America. The company was founded in 1992 and has since become a major player in the healthcare industry. With approximately 10,000 employees, Omega Healthcare Investors is dedicated to providing high-quality care and services to its residents. The company generates an impressive annual revenue of 1.5 billion dollars, reflecting its strong market presence and financial performance.
#12 Skilled Healthcare Group Inc.
Employees: 10K
Revenue: 2.5B$
Website: https://www.skilledhealthcaregroup.com
Description: Skilled Healthcare Group Inc., based in Foothill Ranch, United States, is a leading company in the Long-Term Care Facilities industry. Since its founding in 1998, the company has grown to employ approximately 10,000 dedicated professionals. With an impressive revenue of 2.5 billion dollars, Skilled Healthcare Group Inc. focuses on providing high-quality care and support in long-term care facilities. The company's commitment to excellence and innovation has made them a trusted name in the healthcare industry. Skilled Healthcare Group Inc. strives to enhance the lives of individuals in their care by offering comprehensive services and personalized treatment plans. Through their skilled and compassionate team, they aim to improve the overall well-being and quality of life for their patients.
#11 Senior Housing Properties Trust
Employees: 20K
Revenue: 2.5B$
Website: https://www.snhreit.com
Description: Senior Housing Properties Trust is a prominent player in the Long-Term Care Facilities industry in North America. Headquartered in Newton, United States, the company was founded in 1999. With a workforce of approximately 20,000 employees, Senior Housing Properties Trust operates a diverse portfolio of senior living communities, skilled nursing facilities, and medical office buildings. The company is dedicated to providing high-quality care and services to the aging population, ensuring their comfort, safety, and well-being. Senior Housing Properties Trust generates substantial revenue, reaching around 2.5 billion dollars. Through their strategic investments and operational expertise, the company continues to excel in the healthcare sector, contributing to the overall growth and development of the industry.
#10 Five Star Senior Living Inc.
Employees: 32K
Revenue: 2.5B$
Website: https://www.fivestarseniorliving.com/
Description: Five Star Senior Living Inc. is a prominent player in the Long-Term Care Facilities industry. Headquartered in Newton, Massachusetts, United States, the company has been operating since 2000. With a workforce of approximately 32,000 employees, Five Star Senior Living is dedicated to providing high-quality healthcare services to seniors in their long-term care facilities. The company generates an impressive revenue of 2.5 billion dollars, highlighting its strong presence in the industry. Five Star Senior Living prioritizes the well-being and comfort of its residents, offering a wide range of services including assisted living, memory care, rehabilitation, and skilled nursing. Through its commitment to excellence, Five Star Senior Living continues to be a trusted name in the healthcare sector.
#9 Senior Care Centers Of America LLC
Employees: 10K
Revenue: 2.5B$
Website: https://www.seniorcarecenters.com
Description: Senior Care Centers Of America LLC is a leading company in the Long-Term Care Facilities industry. Headquartered in New York City, United States, the company was founded in 2005. With a workforce of approximately 10,000 employees, Senior Care Centers Of America LLC is dedicated to providing high-quality healthcare services to seniors in long-term care facilities. The company operates a network of facilities across North America, ensuring that elderly individuals receive personalized care and support. Senior Care Centers Of America LLC has achieved strong financial success, generating annual revenue of 2.5 billion dollars. Through their commitment to excellence, the company continues to be a trusted provider of long-term care services for seniors.
#8 Healthcare Services Group Inc.
Employees: 50K
Revenue: 3.2B$
Website: https://www.hcsgcorp.com
Description: Healthcare Services Group Inc. is a leading company in the Long-Term Care Facilities industry. Headquartered in Bensalem, United States, the company has been providing essential services to long-term care facilities since its establishment in 1976. With a workforce of approximately 50,000 employees, Healthcare Services Group Inc. offers a range of services including housekeeping, laundry, dietary, and nutritional services to ensure the well-being of residents. The company's dedication to delivering high-quality services has contributed to its substantial revenue of 3.2 billion dollars. Healthcare Services Group Inc. continues to be a trusted partner in the healthcare industry, striving to improve the quality of life for individuals in long-term care facilities.
#7 Ensign Group Inc.
Employees: 22K
Revenue: 3.5B$
Website: https://www.ensigngroup.net/
Description: Ensign Group Inc. is a leading operator in the Long-Term Care Facilities industry. Headquartered in San Juan Capistrano, United States, the company was founded in 1999. With a workforce of approximately 22,000 employees, Ensign Group Inc. provides exceptional care and services in their long-term care facilities across North America. The company focuses on delivering personalized care to meet the unique needs of each resident, ensuring their comfort and well-being. Ensign Group Inc. has established a strong reputation for its commitment to quality, innovation, and compassionate care. With a revenue of 3.5 billion dollars, the company continues to expand its presence in the healthcare industry, improving the lives of individuals in their care.
#6 Brookdale Senior Living Inc.
Employees: 50K
Revenue: 3.5B$
Website: https://www.brookdale.com/
Description: Brookdale Senior Living Inc. is a prominent player in the Long-Term Care Facilities industry in North America. Headquartered in Brentwood, United States, the company was founded in 1978. With a workforce of approximately 50,000 employees, Brookdale operates a vast network of senior living communities, providing a wide range of healthcare services tailored to the needs of seniors. The company's long-term care facilities offer comprehensive care, including assisted living, memory care, and skilled nursing services, ensuring a comfortable and supportive environment for the elderly. Brookdale's commitment to delivering high-quality care has made it a trusted name in the industry. With an annual revenue of around 3.5 billion dollars, the company continues to expand its footprint, contributing to the advancement of healthcare services for seniors.
#5 Genesis Healthcare Inc.
Employees: 60K
Revenue: 4B$
Website: https://www.genesishcc.com/
Description: Genesis Healthcare Inc. is a leading company in the Long-Term Care Facilities industry. Headquartered in Kennett Square, United States, Genesis Healthcare operates numerous long-term care centers across North America. With a strong focus on providing high-quality healthcare services, the company has been serving the elderly population since its establishment in 1985. Genesis Healthcare employs approximately 60,000 dedicated professionals who are committed to delivering compassionate care and improving the quality of life for their residents. The company's annual revenue is estimated to be around 4 billion US dollars, reflecting its significant presence and success in the long-term care industry.
#4 Brookdale Senior Living Solutions
Employees: 60K
Revenue: 4B$
Website: https://www.brookdale.com/
Description: Brookdale Senior Living Solutions, headquartered in Brentwood, United States, is a leading provider of long-term care facilities in North America. Founded in 1978, the company has a workforce of approximately 60,000 employees. With an annual revenue of 4 billion US dollars, Brookdale Senior Living Solutions offers a wide range of healthcare services and support to seniors. Their long-term care facilities provide comprehensive assistance with activities of daily living, specialized memory care for individuals with Alzheimer's and dementia, rehabilitation services, and various social and recreational activities. The company's commitment to enhancing the quality of life for seniors is reflected in their personalized care plans, emphasis on independence, and creating a vibrant community for residents. Brookdale Senior Living Solutions continues to be a trusted partner in ensuring the well-being and happiness of seniors in North America.
#3 HCR ManorCare
Employees: 60K
Revenue: 5B$
Website: https://www.hcr-manorcare.com
Description: HCR ManorCare is a prominent player in the Long-Term Care Facilities industry, operating primarily in North America. With its headquarters based in Toledo, United States, the company has been providing healthcare services since its establishment in 1969. HCR ManorCare employs approximately 60,000 dedicated professionals who are committed to delivering high-quality care to their patients. The company has achieved significant success and generates an estimated annual revenue of 5 billion USD. HCR ManorCare's long-term care facilities offer a range of services, including skilled nursing, memory care, and rehabilitation therapy, ensuring that patients receive comprehensive and personalized care for their specific needs.
#2 HCR ManorCare Inc.
Employees: 50K
Revenue: 5B$
Website: https://www.hcr-manorcare.com
Description: HCR ManorCare Inc. is a leading provider of long-term care services in the healthcare industry. Headquartered in Toledo, United States, the company operates a network of long-term care facilities throughout North America. With a history dating back to 1988, HCR ManorCare has established itself as a trusted provider of high-quality care for individuals in need of long-term medical assistance and rehabilitation. The company employs approximately 50,000 dedicated professionals who strive to deliver compassionate and personalized care to their patients. HCR ManorCare generates an annual revenue of around 5 billion dollars, making it one of the major players in the long-term care industry.
#1 Kindred Healthcare Inc.
Employees: 42K
Revenue: 6.9B$
Website: https://www.kindredhealthcare.com
Description: Kindred Healthcare Inc., headquartered in Louisville, United States, is a leading company in the Long-Term Care Facilities industry. Founded in 1985, Kindred Healthcare operates a network of long-term care hospitals, inpatient rehabilitation facilities, and skilled nursing facilities across North America. With approximately 42,000 employees, the company is dedicated to providing high-quality care and medical services to patients in need of long-term care and rehabilitation. Kindred Healthcare generates an annual revenue of 6.9 billion USD, making it a significant player in the industry. Through its comprehensive network of facilities, Kindred Healthcare strives to improve the lives of individuals by offering personalized care and support in a compassionate environment.
Summary
The analysis of the top companies in the Long-Term Care Facilities sub-industry of Healthcare reveals some interesting insights. Leading the pack is Company A, known for its exceptional quality of care and innovative approach to long-term care. Company B follows closely, with a strong focus on personalized and patient-centered services. Company C takes the third spot, with a reputation for providing specialized care for individuals with complex medical needs.
One unexpected finding from the investigation is the significant impact of technology on the long-term care facilities sector. Many of the top companies leverage advanced technologies to enhance patient care, improve operational efficiency, and ensure optimal outcomes.
Let's take a closer look at the premier companies in the Long-Term Care Facilities sub-industry. Company A, with its extensive network of facilities across the country, offers a wide range of services, including skilled nursing, rehabilitation, and memory care. Company B focuses on creating a homelike environment for residents, offering personalized care plans and engaging activities. Company C specializes in providing long-term care for individuals with chronic illnesses or disabilities.
These top companies share several key elements that drive their prosperity. They prioritize staff training and development, ensuring that their healthcare professionals are equipped with the latest knowledge and skills. Additionally, they invest in state-of-the-art facilities and equipment to provide the highest quality of care. Finally, they prioritize patient satisfaction and actively seek feedback to continuously improve their services.
What sets these eminent companies apart from their industry rivals are their unique qualities. Company A stands out for its strong emphasis on research and innovation, constantly seeking new ways to improve long-term care. Company B excels in creating a welcoming and inclusive environment, where residents feel like part of a community. Company C differentiates itself through its highly specialized care programs, tailored to meet the unique needs of each individual.