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Home > Company Index > Health Products & Services > Long-Term Care Facilities > Life Care Centers of America

Life Care Centers of America
 PROFILE
Life Care Centers of America is a privately-owned operator of retirement and health care centers in the US. The company manages more than 200 facilities in 28 states -- including retirement communities, assisted living facilities, and nursing homes -- and provides such specialized services as home health care. Founder Forrest Preston opened his first center in 1970, and the company continues to tout a "corporate culture grounded in the Judeo-Christian ethic." However Life Care has faced complaints of poor-quality care, in part of a situation that plagues the industry overall.

 COMPETITION
Beverly Enterprises, Inc. (BEV)
Mariner Post-Acute Network, Inc. (dossier)
Sun Healthcare Group, Inc. (SHGE)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 1,300.00
1-Yr. Sales Growth: 7.4%
Employees: 22,000
Revenue per employee: $59,090.91

 KEY PEOPLE
• Lane Bowen
    CEO
• Steve Ziegler
    CFO

 CONTACT INFO
3570 Keith St. NW
Cleveland, TN 37312
US
Phone: 423-472-9585
Fax: 423-339-8337
Online: Web Site

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