PROFILE |
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American Retirement provides independent and assisted living, skilled nursing, and health care for the elderly and those with Alzheimer's disease. It operates more than 60 senior living communities (more than a third are company-owned) in 16 states. In addition to medical care, the company offers support services such as grooming, laundry, and recreation. Residents with private insurance represent almost all the company sales; Medicare and Medicaid make up the rest. American Retirement has been expanding by acquiring other senior living centers. Dr. Thomas Frist Sr., father of HCA - The Healthcare Company CEO Thomas Frist Jr., and Jack Massey founded the firm in 1978.
COMPETITION |
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Beverly Enterprises, Inc. (BEV)
Kindred Healthcare, Inc. (KIND)
Sun Healthcare Group, Inc. (SHGE)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 206.10
1-Yr. Sales Growth: 17.6%
Employees: 7,600
Revenue per employee: $27,118.42
KEY PEOPLE |
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W. E. Sheriff
CEO
George T. Hicks
CFO
CONTACT INFO |
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111 Westwood Place, Ste. 402
Brentwood, TN 37027
US
Phone: 615-221-2250
Fax: 615-221-2269
Online: Web Site
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