Brookdale Senior Living Inc., together with its subsidiaries, operates senior living communities in the United States. As of December 31, 2015, the company operated senior living communities in the United States with 1,123 communities in 47 states and the ability to serve approximately 108,000 residents. The company operates independent living, assisted living and dementia-care communities and continuing care retirement centers (CCRCs). Through its ancillary services program, the company also offers a range of outpatient therapy, home health, personalized living and hospice services to residents of its communities and to seniors living outside of its communities. Segments As of December 31, 2015, the company had five segments, including Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services; and Management Services. Communities and Service Offerings The company offers various senior living housing and service alternatives in communities located across the United States. Its communities consist of retirement center communities, assisted living communities, rental CCRCs, and entry fee CCRCs. The company manages certain of its communities for third parties or unconsolidated ventures in which it has an ownership interest pursuant to management agreements. Retirement Centers The company’s retirement center communities are primarily designed for middle to upper income seniors generally age 75 and older who desire an upscale residential environment. The majority of the company’s retirement center communities consist of both independent and assisted living units in a single community, which allows residents to ‘age-in-place’ by providing them with a continuum of senior independent and assisted living services. As of December 31, 2015, approximately 78.9% of all of the units at the company’s retirement center communities are independent living units, with the balance of units licensed for assisted living. The company’s retirement center communities are large multi-story buildings containing on average 188 units with common areas and amenities. Residents might choose from studio, 1-bedroom and 2-bedroom units, depending upon the specific community. Each retirement center community provides residents with basic services, such as meal service, 24-hour emergency response, housekeeping, concierge services, transportation and recreational activities. Majority of these communities also offer custom tailored supplemental care services at an additional charge, which might include medication reminders, check-in services, and escort and companion services. In addition to the basic services, the company’s retirement center communities that include assisted living also provide residents with supplemental care service options to provide assistance with activities of daily living (ADLs). The levels of care provided to residents vary from community to community depending, among other things, upon the licensing requirements and healthcare regulations of the state in which the community is located. Residents in the company’s retirement center communities are able to maintain their residency for an extended period of time due to the range of service options available to residents (not including skilled nursing) as their needs change. Residents with cognitive or physical frailties and higher level service needs are accommodated with supplemental services in their own units or, in certain communities, are cared for in a more structured and supervised environment on a separate wing or floor. These communities also generally have a dedicated assisted living staff, including nurses at the majority of communities, and separate assisted living dining rooms and activity areas. Retirement center communities that the company owns or leases are included in its Retirement Centers segment, and retirement center communities for which the company provides management services for third parties or unconsolidated ventures in which it has an ownership interest are included in its Management Services segment. As of December 31, 2015, the Retirement Center segment consisted of 95 retirement center communi
brookdale senior living inc (B7S:Berlin)
111 Westwood Place
Brentwood, TN 37027
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