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Brookdale Senior Living, Inc. is an owner and operator of senior living communities throughout the United States. It operates independent living, assisted living, and dementia-care communities and continuing care retirement centers. Through its ancillary services programs, the company also offers a range of outpatient therapy, home health, personalized living and hospice services. It operates through six business segments: Retirement Centers; Assisted Living; CCRCs - Rental; CCRCs - Entry Fee; Brookdale Ancillary Services; and Management Services. The Retirement Centers segment includes owned or leased communities that are primarily designed for middle to upper income senior citizens age 75 and older who desire an upscale residential environment providing the highest quality of service. The Assisted Living segment includes owned or leased communities that offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. Assisted living communities include both freestanding, multi-story communities and freestanding single story communities. The CCRCs - Rental segment includes large owned or leased communities that offer a variety of living arrangements and services to accommodate all levels of physical ability and health. The CCRCs - Entry Fee segment allows for residents in the independent living apartment units to pay a one-time upfront entrance fee, which is partially refundable in certain circumstances. The Brookdale Ancillary Services segment includes the outpatient therapy, home health and hospice services provided to residents of many of the company's communities, to other senior living communities that the company does not own or operate and to seniors living outside of the company's communities. The Management Services segment includes communities operated by the company pursuant to management agreements. Brookdale Senior Living was founded on June 28, 2005 and is headquartered in Brentwood, TN.
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