Assisted Living Concepts, Inc. · Menomonee Falls, WI United States ·(NYSE: ALC)
Company Description
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Assisted Living Concepts (ALC) helps its residents live large. The company runs about 220 assisted living centers in some 20 states in the US. Its facilities have a total of over 9,000 dwelling units that provide full-time housing for aging adults. ALC's communities enable residents to maintain fairly independent lifestyles but provide assistance with activities such as eating, bathing, medication management, and laundry. The facilities also offer social activities, arts and crafts, and the like. The Jodrey family, of which chairman David Hennigar is a member, controls 53% of the company's voting shares through Scotia Investments. To read the full description, subscribe now.
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Key Assisted Living Concepts, Inc. Financials
| Company Type | Public - NYSE: ALC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $234.1 |
| 2008 Employees | 4,650 |
Assisted Living Concepts, Inc. Executives
13 executives listed for Assisted Living Concepts, Inc.'s Menomonee Falls, WI location.
| Title | Name & Bio | Contact |
| Chairman | David Hennigar | Network |
| Vice Chairman | Melvin Rhinelander | Network |
| President, CEO, and Director | Laurie Bebo | Network |
Competition
Competitive Landscape for Assisted Living Concepts, Inc.
Demand for nursing care is linked to the demographics of the US population. The profitability of individual nursing facilities depends on efficient operations, as revenue per patient is largely controlled by the big government insurance programs, Medicare, and Medicaid. Large companies have some economies of scale in administration and purchasing, but small operators can compete effectively by offering better service. The industry is highly labor-intensive: annual revenue per worker is about $55,000. To read the full description, subscribe now.Top Assisted Living Concepts, Inc. Competitors
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