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  September 5, 2001
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Home > Company Index > Health Products & Services > Long-Term Care Facilities > Balanced Care Corporation

Balanced Care Corporation
AMEX: BAL
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 PROFILE
For the more affluent among us, Balanced Care is there. The company operates about 65 assisted living and skilled nursing facilities for middle and upper income seniors in 10 states. Its Outlook Pointe assisted living facilities offer 24-hour personal and health care services, including help with bathing, eating, and dressing. The Balanced Gold program provides services aimed at improving residents' cognitive, emotional, and physical well-being. Like many assisted-living providers, Balanced Care is having trouble paying its rent, due in part to an increase in supply that grew faster than demand. A Luxembourg-based investment firm owns more than 50% of the company.

 COMPETITION
Alterra Healthcare Corporation (ALI)
Beverly Enterprises, Inc. (BEV)
Sentara Healthcare (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 60.70
1-Yr. Sales Growth: (22.6)%
Employees: 2,400
Revenue per employee: $25,291.67

 KEY PEOPLE
• Brad E. Hollinger
    CEO
• Clint T. Fegan
    CFO

 CONTACT INFO
1215 Manor Dr.
Mechanicsburg, PA 17055
US
Phone: 717-796-6100
Fax: 717-796-6150
Online: Web Site

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