LeadingAge and Ziegler have teamed once again to release their collaborative analysis of the largest not-for-profit senior living providers in the U.S., but this year the rankings go beyond the traditional top-100 to include the 150 largest organizations in the first-ever LZ 150.
Now in its 11th edition, the LZ 150 ranks the largest nonprofit senior living providers in the U.S. by order of their total owned market-rate units as of December 31, 2013. The genesis of the expanded report was the result of a need to illustrate the growing size of the not-for-profit senior living sector and its evolution to date.
“This report, like the ten LZ 100 editions preceding it, presents a snapshot of the longstanding story of our members’ enlightened leadership, transformation and good works,” said LeadingAge President and CEO Larry Minnix in the report. “Since the first report’s focus on the 100 largest multi-site organizations, the report has expanded over time to tell the story of the nation’s largest government-subsidized housing multi-sites and single campuses, as well.”
The top-10 largest nonprofit multi-site organizations (by total units):
- Evangelical Lutheran Good Samaritan Society (SD) —18,286 units
- National Senior Campuses (MD) — 17,682 units
- ACTS Retirement Services, Inc. (PA) —8,051 units
- Presbyterian Homes and Services (MN) —6,782 units
- Covenant Retirement Communities, Inc. (IL) —4,703 units
- Retirement Housing Foundation (CA) — 4,104 units
- Lifespace Communities, Inc. (IA) —4,072 units
- The Kendal Corporation (PA) — 3,727 units
- Lutheran Senior Services (MO) —3,359 units
- Westminster Communities of Florida (FL) — 3,312 units
Collectively, the largest 150 providers represent over 235,000 units throughout the country, said Dan Hermann, senior managing director and head of investment banking at Ziegler.
“As we continue to partner with LeadingAge on this publication, we strive to expand upon new areas of research,” Hermann said in the report. “This year’s publication continues to include the core sections with the number of units and communities, but has also been expanded to reveal trends in home-and-community-based services, technology adoption, joint venture, and future growth plans to name a few.”
The comprehensive 208-page report also ranks providers by the number of independent living, assisted living units and nursing beds they operate, as well as the largest providers of affordable senior housing and single-campus communities, among other notable rankings criteria.
“We look forward to the ongoing development of the LeadingAge Ziegler 150 and the opportunity to enhance this tool even further to assist the not-for-profit senior living provider not only to survive, but thrive,” Hermann said.
View the LZ 150 report.
Written by Jason Oliva
Companies featured in this article:
ACTS Retirement Services, Covenant Retirement Communities, Evangelical Lutheran Good Samaritan Society, LeadingAge, Lifespace Communities, Lutheran Senior Services, National Senior Campuses, Presbyterian Homes & Services, Retirement Housing Foundation, The Kendal Corporation, Westminster Communities of Florida, Ziegler