Nationwide Senior Communities and the Evangelical Lutheran Good Samaritan Society are nonetheless the 2 largest senior dwelling nonprofits within the nation, in line with the most recent LeadingAge-Ziegler 200 report
The annual report, launched Thursday, categorizes the biggest nonprofit senior dwelling operators by whole unit depend. Total, the top-10 largest operators made up slightly below a 3rd of the rating’s total unit depend in 2024.
Whereas Nationwide Senior Communities decreased its whole unit depend by 88 items, the Springfield, Virginia-based supplier retained its spot as the biggest senior dwelling nonprofit within the U.S. in 2024.
Sanford Well being-affiliated Good Samaritan Society has a complete of 13,280 items.
ACTS Retirement added 744 items in 2024, transferring forward of Presbyterian Houses and Companies into the No. 3 spot of the report, with 10,176 items in comparison with 10,006 items, respectively.
Lifespace Communities fell from the sixth spot in 2023 to no. 8 in 2024 with 5,604 items.
The ten largest multi-site senior housing and care nonprofits in 2024 had been:
– Nationwide Senior Communities, 21,871 items
– Evangelical Lutheran Good Samaritan Society, 13,280 items
– ACTS Retirement, 10,176 items
– Presbyterian Houses and Companies, 10,006 items
– Ascension Dwelling, 6,692 items
– HumanGood, 5,882 items
– Covenant Dwelling, 5,644 items
– Lifespace Communities, 5,604 items
– Trinity Well being, 5,032 items
– Benedictine, 4,859 items
Total, Pacific Retirement Companies reported unit development of 971 further items, the best enhance from 2022 to 2023, adopted by ACTS Retirement including 744 items and Ecumen including 511 items in that point interval, the report discovered.
The most important decreases in unit counts between 2022 and 2023 got here from Good Samaritan dropping 2,540 items, adopted by Retirement Housing Basis shedding 1,684 items, and The Kendal Corp. lowering its unit depend by 987, the report states.
The most important soar within the rankings got here from FellowshipLife, which ascended to the No. 83 spot. Different nonprofit suppliers that moved up the rankings included Illuminus Inc. leaping up 57 spots to No. 60 and Saint Therese up 41 spots to No. 63.
Expert nursing composition for the 200 nonprofit suppliers listed within the report decreased from 2022 to 2023 by 10%, and residential care companies stay a key space of emphasis for suppliers, as 45% reported providing dwelling and community-based companies.
In 2023, 21% of suppliers reported providing grownup day care companies, in comparison with 18% in 2022, as PACE companies elevated three proportion factors in 2023 to 14%. A bit greater than a 3rd of organizations supplied inexpensive senior housing companies.
Know-how adoption to help in bodily train and rehabilitation elevated six proportion factors to 60%, whereas adoption of medicine monitoring applied sciences elevated 4 proportion factors to 62% of suppliers providing tech-enabled choices in 2023.
