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Hoover's Directories > Industry Overviews > Nursing Homes & Long-Term Care Facilities

Nursing Homes & Long-Term Care Facilities

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Industry Description

The US nursing homes and long-term care facilities industry includes about 75,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $185 billion. Major companies include Manor Care, Sunrise Senior Living, Kindred Healthcare, Golden Horizons (owned by GGNSC Holdings), and SunBridge Healthcare (subsidiary of Sun Healthcare Group). The industry is fragmented: the 50 largest companies account for about 20 percent of revenue.

SIC: 8051, 8052, 8361
NAICS: 623110, 623210, 623220, 623311, 623312, 623990
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Top 5 Companies

CompanySalesLocation
Kindred Healthcare, Inc.4,359.70MLouisville, KY
MANTECH SYSTEMS PTY. LTD.3,899.31MRichmond, Vic
Sea View Hosp Rehab Center & Home3,578.51MStaten Island, NY
B. PAVILION FARMS2,755.71MNew Britain, CT
GGNSC Holdings LLC2,650.00MFort Smith, AR
Bullet - Yellow Arrow Box There are 144,612 companies in this industry. To view all of them, register now.

Industry Indicator

The bank prime loan rate, an indicator of nursing homes' and assisted living communities' cost to finance construction, renovation, and other capital projects, remains at 3.25 percent as of the week of January 13, 2012, unchanged from the same week in 2011.
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Quarterly Industry Update

CLASS Act Shelved but Need Remains - The Obama administration suspended plans for a new federal long-term care insurance program known as the Community Living Assistance Services and Supports (CLASS) Act in...
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