Nursing Homes & Long-Term Care Facilities
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
NAICS: 623110, 623210, 623220, 623311, 623312, 623990
Related Industries:
Health Care Sector, Medical Equipment & Supply Wholesalers, Hospitals, Home Health Care Services, Physicians, Rehabilitation Therapy ServicesTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Kindred Healthcare, Inc. | 4,359.70M | Louisville, KY |
| MANTECH SYSTEMS PTY. LTD. | 3,899.31M | Richmond, Vic |
| Sea View Hosp Rehab Center & Home | 3,578.51M | Staten Island, NY |
| B. PAVILION FARMS | 2,755.71M | New Britain, CT |
| GGNSC Holdings LLC | 2,650.00M | Fort Smith, AR |
Trends
More Alzheimer's Care - The number of assisted living facilities and nursing homes...
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.
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...


