Largest not-for-profit operators revealed in LeadingAge Ziegler 150
Evangelical Lutheran Good Samaritan Society of South Dakota once again tops the LeadingAge Ziegler 150 (LZ 150) as the country's largest not-for-profit multi-site senior living organization, with a total of 18,286 units offering independent living, assisted living or nursing care beds across 173 communities.
The 2014 report, expanded to 150 organizations from the former 100, is a collaboration between LeadingAge, an association of not-for-profit aging services providers, and Ziegler, an underwriter of financing for senior living, housing and healthcare providers.
Rounding out the top 10 rankings by total senior living units:
2. National Senior Campus of Maryland, with 17,682 units
3. ACTS Retirement Services of Pennsylvania, with 8,051 units
4. Presbyterian Homes and Services of Minnesota, with 6,782 units
5. Covenant Retirement Communities of Illinois, with 4,703 units
6. Retirement Housing Foundation of California, with 4,104 units
7. Lifespace Communities of Iowa, with 4,072 units
8. The Kendal Corp. of Pennsylvania, with 3,727 units
9. Lutheran Senior Services of Missouri, with 3,359 units
10. Westminster Communities of Florida, with 3,312 units
The list also includes rankings of the largest organizations according to independent living units (tops was National Senior Campuses, with 15,247 units), assisted living units (tops was Evangelical Lutheran Good Samaritan Society, with 2,194 units) and nursing care beds (tops was Evangelical Lutheran Good Samaritan Society, with 11,156 units), as well as providers with the greatest changes in units and greatest changes in rank.
"This year's publication continues to include the core sections with the number of units and communities but has also been expanded to reveal trends in home and community-based services, technology adoption, joint ventures and future growth plans, to name a few," Ziegler's senior managing director and head of investment banking, Daniel J. Hermann, says in the report's introduction.
"In 2014, LeadingAge members are addressing complex challenges creatively," LeadingAge President and CEO Larry Minnix says. "Their governing boards and senior leaders are engaging in effective strategic planning to reposition, grow, change, partner, innovate and venture into new service possibilities responsibly."
Topics: Executive Leadership , Facility management , Leadership