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Home > Company Index > Health Products & Services > Long-Term Care Facilities > Alterra Healthcare Corporation

Alterra Healthcare Corporation
AMEX: ALI
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 PROFILE
Alterra Healthcare aims to make seniors feel more at home. The company operates home-like assisted-living residences for the frail elderly and Alzheimer's sufferers who don't require skilled nursing care. Alterra operates more than 450 facilities in nearly 30 states. The company offers personal care, health care, and support services to its residents; its specialized facilities are designed for a range of people, from those with memory loss to those who are relatively independent. After falling victim to increased competition and its own ambitious expansion, Alterra received a cash infusion that left entities associated with Amway's DeVos family controlling more than 30% of the company.

 COMPETITION
Beverly Enterprises, Inc. (BEV)
Emeritus Corporation (ESC)
Manor Care, Inc. (HCR)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 452.90
1-Yr. Sales Growth: 20.4%
Employees: 14,400
Revenue per employee: $31,451.39

 KEY PEOPLE
• Steven L. Vick
    CEO
• Mark W. Ohlendorf
    CFO

 CONTACT INFO
10000 Innovation Dr.
Milwaukee, WI 53221
US
Phone: 414-918-5000
Fax: 414-918-5050
Online: Web Site

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