| Business Summary | | Greenbriar
Corporation
is
an
assisted-living
company
that
operates
assisted
and
full-service
independent
living
communities
designed
to
serve
the
needs
of
the
elderly
population.
Assisted-living
residents
generally
comprise
frail,
elderly
persons
who
require
assistance
with
the
activities
of
daily
living,
such
as
ambulation,
bathing,
eating,
personal
hygiene,
grooming
and
dressing,
but
who
do
not
generally
require
more
expensive
skilled
nursing
care.
Independent-living
residents
typically
require
only
occasional
assistance,
but
receive
other
support
services.
In
addition,
the
Company
develops
and
operates
communities
for
residents
suffering
from
Alzheimer's
or
other
forms
of
dementia.
As
of
March
30,
2001,
the
Company
operated
28
communities
in
10
states,
with
a
capacity
of
2,221
residents,
consisting
of
18
communities
that
were
owned
and
10
that
were
leased
from
third
parties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Greenbriar
Corporation
is
engaged
in
the
development
and
operation
of
assisted
living
facilities
located
in
the
U.S.
which
provide
housing,
hospitality
and
personal
and
healthcare
service
to
elderly
individuals.
For
the
six
months
ended
6/30/01,
revenues
decreased
8%
to
$19.2
million.
Net
loss
applicable
to
Common
decreased
80%
to
$2
million.
Results
reflect
lower
revenues
from
assisted
living
communities,
offset
by
the
absence
of
charges
related
to
the
write-off
of
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| James Gilley, 65 Chairman,
Pres and CEO | $486K | Gene Bertcher, 51 Exec.
VP, CFO and Treasurer | 202K | Robert Griffis, 64 Sr.
VP and Sec. | 111K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|