Senior Care Centers, LLC
Senior Care Centers logo | |
| Private Company | |
| ISIN | 🆔 |
| Industry | Seniors residences | Assisted Living |
| Founded 📆 | 2009 |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Number of locations | 110 |
Area served 🗺️ | Texas and Louisiana |
Key people | David Friend (CEO) Venson Wallen (CFO) Michael Beal (COO) Matt Strange (CMO) |
| Members | |
Number of employees | 11,500 (2018).[1] |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Senior Care Centers is an operator of over 100 skilled nursing [2] and assisted living communities in Texas and Louisiana.
Senior Care Centers[3] was established in 2009 and is based in Dallas, Texas. Senior Care Centers has approximately 12,000 employees and provides service for approximately 11,500 patients and residents daily.[4]
Services[edit]
Senior Care Centers offers Independent Living, Assisted Living, Memory Care for Alzheimer's disease and dementia diagnosed residents, Rehabilitation, Skilled Nursing and Ventilator Care in select locations.[5] Senior Care Centers also has two Continuing Care Retirement Communities [6] where residents can live without moving when they need nursing care.
Origin[edit]
Senior Care Centers [7] was founded in 2009 with 14 skilled nursing facilities and based in Dallas. The company provides both long term care and short-term rehabilitation services.
Acquisitions[edit]
In 2010 the company acquired the operations of six more skilled nursing facilities that served 2,000 patients and residents daily.
In 2014 the company added 19 more communities to its portfolio and grew to care for over 4,000 patients and residents daily.
In 2015 the company added 8 communities in Louisiana, as well as a hospice provider, Aime, with operations in Louisiana[8]. The company also opened a new community in El Paso, Texas [9]
In 2016 the company grew to operate more than 100 communities serving over 10,000 patients and residents daily. [10]
Cares Foundation[edit]
In 2011, Senior Care Centers established the Cares Foundation, a 501(c)3 charity to provide assistance to employees facing an unforeseen catastrophic even. The foundation primarily is funded through employee payroll deduction contributions and proceeds from an annual golf tournament held in the Dallas are.[11]
Controversy[edit]
In December 2015, a tornado struck the company's nursing home in Rowlett, Texas [12] leaving patients and residents in limbo after the destruction. The nursing home reopened in 2017 after extensive repairs.
In August 2017, Hurricane Harvey caused severe flooding in the Port Arthur, Texas area, which caused two of the company's nursing homes to have an emergency evacuation[13] which garnered national publicity[14] that involved alleged members of the Cajun Navy. The state reopened the investigation in August 2018[15] . The incident has been a topic of a Senate Finance Committee report "Sheltering in Danger." [16]
On the November earnings call, Sabra Healthcare REIT discussed its negotiations with Senior Care Centers and the use of harsh negotiating tactics the company used to prevent the REIT from selling the real estate of the Senior Care Centers' operate properties to an unfriendly buyer who would discontinue the leases with Senior Care Centers. [17] Other REIT groups considering action on the matter as well. [18]
External links[edit]
Category:Housing for the elderly in the United States
References[edit]
- ↑ "Careers - Senior-Care-Centers.com".
- ↑ "NHs". 2018-09-20.
- ↑ "Bloomberg - Are you a robot?".
- ↑ "Senior Care Centers: Company History".
- ↑ "Caregiving Tips for Elders with Dementia Symptoms".
- ↑ "From Family Caregiving to Retirement Communities".
- ↑ "Sec Form D/a".
- ↑ "Senior Care Centers More than Doubles in Size Since Beginning of Year Firmly Establishing Itself as a Market Leader in Texas; Marks First Entry Outside of State by Launching Operations in Louisiana".
- ↑ "$11M nursing home opens in Socorro".
- ↑ "SCC still in growth mode - McKnight's Long-Term-Care News".
- ↑ "SCC Cares Foundation - Senior-Care-Centers.com".
- ↑ "North Texas nursing home residents in limbo after tornado damages facility".
- ↑ "Nursing home staff were physically restrained as rogue volunteers 'forcibly evacuated' residents in Harvey aftermath, provider says - McKnight's Long-Term-Care News".
- ↑ "After Harvey hit, one Texas nursing home evacuation began with a gun drawn - Los Angeles Times".
- ↑ "Hurricane Harvey nursing home evacuations are back under investigation, state says - McKnight's Long-Term-Care News".
- ↑ "Poor Disaster Oversight Imperiled Nursing Homes, Senate Report Finds - New York Times".
- ↑ "Sabra terminates leases with Senior Care Centers; 'I'm not happy about it,' CEO says".
- ↑ "LTC Hints at Shopping Senior Care Centers SNFs in Texas".
Resubmit for consideration; added new sources and removed any potential advertising language[edit]
Senior Care Centers[edit]
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