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Life Care Centers of America is the largest privately held long-term elderly care company in the U.S., with facilities across 27 states, and the third largest in the U.S. It is headquartered in Cleveland, Tennessee. According to data from the Centers for Medicare & Medicaid, Life Care Centers of America operates 254 nursing homes with 32,966 beds.
In 1970, Preston founded Life Care Centers of America in Cleveland, and is the sole owner, chairman and CEO. [8] It later grew to be the largest privately owned long term care facility chain and the third largest privately owned long-term care facility in the United States. [2] As of September 2015, he had an estimated net worth of US$2.1 ...
The Largest Senior Care Organizations; includes assisted living, nursing homes, CCRC, independent living; sorted by number of facilities. Assisted Senior Living. Assisted Senior Living. Accessed 2021-03-28
Cancer Treatment Centers of America (CTCA) was founded in 1988 by Richard J. Stephenson following the death of his mother, Mary Brown Stephenson, who died from lung cancer. [3] Stephenson purchased the American International Hospital in Zion, Illinois , in 1988 and expanded the hospital to include a radiation center, the Mary Brown Stephenson ...
A November 2020 study by the West Health Policy Center stated that more than 1.1 million senior citizens in the U.S. Medicare program are expected to die prematurely over the next decade because they will be unable to afford their prescription medications, requiring an additional $17.7 billion to be spent annually on avoidable medical costs due ...
A continuing care retirement community (CCRC), [1] [2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3]