The Top 10 For-Profit Nursing Home Corporations in the United States

2024-04-07 21:08:34 | Gabrielle Jones
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In 2023, over 1.1 million residents were in nursing homes across the United States. Corporations running For-Profit nursing homes make up over 70% of the nursing homes, with over 1.6 million beds, according to a 2020 Center for Disease Control study.


10. IPC of TeamHealth (formerly Signature HealthCARE)


  • Annual Revenue: Approximately $250 million (as of 2018)
  • Number of Facilities: 115
  • Stock Symbol (NYSE: TMH)

IPC Healthcare, now part of TeamHealth, specializes in providing post-acute care services and operates a network of healthcare facilities primarily focused on managing patients in skilled nursing and assisted living settings. They offer physician and advanced practice provider services in nursing care centers, rehabilitation facilities, and long-term care settings. In 2016, IPC of TeamHealth expanded its reach by acquiring Signature HealthCare, a Chicago-based acute hospitalist and post-acute provider organization with facilities primarily in Kentucky and Tennessee. With approximately 14,000 employees and headquartered in Murfreesboro, Tennessee, IPC of TeamHealth remains dedicated to a patient-centered approach, delivering compassionate and personalized medical care to residents while emphasizing collaboration with facility staff to optimize patient outcomes and care continuity. Their mission is to enhance the overall quality of care and support the well-being of patients through innovative clinical solutions and dedicated services.


9. Ciena Healthcare


  • Annual Revenue: Approximately $300 million (as of 2018)
  • Number of Facilities: 59 across 4 states
  • Stock Symbol (NYSE: CIEN)

Ciena Healthcare is a Michigan-based operator of skilled nursing facilities, specializing in providing comprehensive and personalized care to residents across their network of facilities. Ciena Healthcare's nursing care centers offer a range of services including skilled nursing care, rehabilitation therapies, memory care, and specialized programs to address various health needs. They are known for their commitment to individualized care and focus on promoting dignity and well-being for residents. Ciena Healthcare's facilities are staffed by dedicated healthcare professionals who strive to create supportive and nurturing environments that foster healing and independence. With a strong emphasis on quality and compassion, Ciena Healthcare aims to enhance the overall quality of life for those under their care.


8. Diversicare Healthcare Services


  • Annual Revenue: Approximately $455 million (as of 2020)
  • Number of Facilities: Operates over 60 skilled nursing and rehabilitation centers
  • Stock Symbol (OTCMKTS:DVCR)

Diversicare Healthcare Services operates a network of over 60 skilled nursing and rehabilitation centers, offering a comprehensive range of capabilities and services to meet the diverse needs of residents. Their nursing care centers specialize in skilled nursing care, rehabilitation therapies, memory care, and other specialized programs tailored to individual requirements. Diversicare Healthcare Services is committed to delivering high-quality, personalized care with a focus on promoting residents' well-being and independence. Their facilities are staffed by dedicated healthcare professionals who prioritize compassion and respect in providing care to residents. Diversicare Healthcare Services strives to create nurturing environments that support healing and dignity for individuals under their care, aiming to enhance the overall quality of life for residents and their families.


7. Ensign Group


  • Annual Revenue: Approximately $2.0 billion (as of 2020)
  • Number of Facilities: Operates over 200 healthcare facilities in multiple states
  • Stock Symbol (NASDAQ: ENSG)

The Ensign Group operates a network of over 200 healthcare facilities across multiple states, including skilled nursing and rehabilitation centers. Their nursing care centers provide a comprehensive range of services, such as skilled nursing care, rehabilitation therapies, memory care, and other specialized programs to address varying healthcare needs. The Ensign Group is committed to delivering personalized and compassionate care, emphasizing dignity, respect, and individualized attention for residents. Their facilities are staffed by skilled healthcare professionals who strive to create supportive environments promoting healing, independence, and well-being. The Ensign Group focuses on enhancing the quality of life for residents and their families through innovative care approaches and dedicated services.


6. Golden Living


  • Annual Revenue: Approximately $2.1 billion (as of 2019)
  • Number of Facilities: 23

Golden LivingCenters, now rebranded as Brickyard Healthcare, operates 23 facilities offering skilled nursing services for both short- and long-term residents. This rebranding reflects the company's evolution from a large family of SNFs operating in many states to a regional family of healthcare providers rooted in the Midwest. Their nursing care centers typically provide skilled nursing care, rehabilitation therapies, memory care, and other specialized services, emphasizing personalized care and promoting residents' overall well-being and quality of life. Staffed by dedicated healthcare professionals, Brickyard Healthcare strives to create supportive environments that foster healing, independence, and dignity for individuals in their care, enhancing the overall quality of life for residents and their families.


5. SavaSeniorCare


  • Annual Revenue: Approximately $2.5 billion (as of 2020)
  • Number of Facilities: Operates over 160 skilled nursing and rehabilitation centers

SavaSeniorCare is a prominent provider of skilled nursing and rehabilitation services, operating over 160 nursing care centers across the United States. Their facilities offer a comprehensive range of capabilities, including skilled nursing care, rehabilitation therapies, memory care, and specialized programs tailored to individual needs. SavaSeniorCare is committed to delivering compassionate and personalized care, focusing on enhancing residents' quality of life and well-being. Their nursing care centers are staffed by skilled healthcare professionals dedicated to providing exceptional services and support to residents and their families. SavaSeniorCare emphasizes a holistic approach to care, striving to create nurturing environments that promote healing, independence, and dignity for all individuals in their communities.


4. HCR ManorCare (ProMedica)


  • Annual Revenue: Approximately $2.7 billion (as of 2020)
  • Number of Facilities: Operates over 170 post-acute care and rehabilitation centers

HCR ManorCare, now part of ProMedica, operates a network of over 170 post-acute care and rehabilitation centers across the United States. Their nursing care centers offer a comprehensive range of services including skilled nursing care, rehabilitation therapies, memory care, and hospice services. HCR ManorCare is known for its commitment to providing personalized care tailored to each resident's unique needs and preferences. They focus on promoting recovery, independence, and quality of life through compassionate and specialized care delivered by highly trained healthcare professionals. HCR ManorCare's nursing care centers strive to create supportive environments that foster healing and well-being for residents and their families, emphasizing dignity, respect, and individualized attention in all aspects of care.


3. Consulate Health Care


  • Annual Revenue: Approximately $3.2 billion (as of 2020)
  • Number of Facilities: Operates more than 200 facilities across 21 states

Consulate Health Care operates more than 200 nursing care facilities across 21 states, offering a comprehensive range of services to meet the diverse needs of residents. Their nursing care centers provide skilled nursing care, rehabilitation therapies, memory care, and specialized programs tailored to individual requirements. Consulate Health Care is committed to delivering high-quality, personalized care with a focus on dignity, respect, and compassion. Their facilities are staffed by dedicated healthcare professionals who strive to enhance residents' well-being and quality of life through innovative care approaches and supportive environments. Consulate Health Care emphasizes holistic care, ensuring that each resident receives personalized attention and services that promote healing, independence, and overall wellness.


2. Life Care Centers of America


  • Annual Revenue: Approximately $3.7 billion (as of 2020)
  • Number of Facilities: Operates over 200 skilled nursing facilities

Life Care Centers of America is a prominent provider of nursing care services, operating over 200 skilled nursing facilities across the United States. These centers offer a wide range of capabilities, including skilled nursing care, rehabilitation therapies, memory care, and long-term care services. Life Care Centers of America is known for its commitment to providing personalized and compassionate care to residents, with a focus on improving quality of life and supporting individual wellness goals. Their nursing care centers are staffed by skilled professionals who specialize in various aspects of senior care, ensuring comprehensive and tailored services to meet the diverse needs of residents. Life Care Centers of America strives to create supportive and nurturing environments that promote healing, independence, and overall well-being for those in their care.


1. Genesis HealthCare


  • Annual Revenue: Approximately $4.3 billion (as of 2020)
  • Number of Facilities: Operates over 350 facilities across 25 states
  • Stock Symbol: (OTCMKTS: GENN)

Genesis HealthCare is a leading provider of nursing care services, operating a vast network of over 350 skilled nursing facilities across 25 states. Their nursing care centers offer a wide range of capabilities including skilled nursing care, rehabilitation therapies, memory care, and long-term care services. Genesis HealthCare is dedicated to delivering personalized and compassionate care to residents, focusing on enhancing quality of life and promoting individual wellness goals. Their facilities are staffed by skilled healthcare professionals who specialize in various aspects of senior care, ensuring comprehensive and tailored services to meet the diverse needs of residents. Genesis HealthCare is committed to fostering supportive and nurturing environments that prioritize healing, independence, and overall well-being for those entrusted to their care.


NOTE: Subscribers to Safe Secure Seniors can search for various facility listings and see the facility's profit status along with any violations incurred by the facility recently.

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Gabrielle Jones

Gabrielle Jones

Gabbi has decided to share some of the experiences she faced herself while looking for safe housing solutions for her father. She hopes that through the struggles of her own journey, others can benefit.

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