Extendicare Real Estate Investment Trust · Markham, ON Canada ·(Toronto: EXE)
Company Description
Phone: +1-905-470-4000
Fax: +1-905-470-5588
Rankings
- TSX Smallcap
- TSX Completion
View Extendicare Real Estate Investment Trust Locations On A US Map
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This link will open in a new window Extendicare Real Estate Investment Trust (REIT) operates about 275 long-term care and assisted-living facilities with approximately 30,000 residents in North America. Operations in the US are conducted through Extended Health Services and through Extendicare (Canada) Inc. Extendicare also offers outpatient therapy in the US through its ProStep unit and provides home health care services in Canada through ParaMed. All told, it has operations in about a dozen US states and four Canadian provinces. Extendicare REIT's Virtual Care Provider Inc. (VCPI) subsidiary offers technology, management, and group purchasing services to other nursing home operators in the US. To read the full description, subscribe now.
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Key Extendicare Real Estate Investment Trust Financials
| Company Type | Public - Toronto: EXE Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $1,837.5 |
| 2007 Employees | 37,700 |
Extendicare Real Estate Investment Trust Executives
18 executives listed for Extendicare Real Estate Investment Trust's Markham, ON location.
| Title | Name & Bio | Contact |
| Chairman | Melvin Rhinelander | Network |
| President, CEO, and Trustee | Timothy Lukenda | Network |
| CFO; SVP and CFO, Extendicare Inc.; SVP and CFO, Extendicare (Canada) Inc.; SVP, CFO, and Treasurer, Extendicare Health Services | Douglas Harris | Network |
Competition
Competitive Landscape for Extendicare Real Estate Investment Trust
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 Extendicare Real Estate Investment Trust Competitors
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