New study provides data and insights on the largest providers in the senior living industry, breaking down the count by number of units, staffing levels, and more.
(Alexandria, Va.) – Leading national trade group Argentum and Lument, a national leader in multifamily and seniors housing real estate finance, have released the 2022 Largest Senior Living Providers Report, which outlines data and information about the largest 150 senior living providers in the United States.
Sponsored by FOX Rehabilitation, the report shows how U.S. senior living providers rank in size by number of units, how many employees they have, what types of care they offer, and more. Through the partnership with Lument, the report also offers valuable insights on the senior living sector and features a number of newcomers to the list.
The largest providers list is built exclusively from voluntary and company-provided data via survey. Rankings are determined based on total company units. In addition, leading executives from many of these big players in the industry offer business-environment projections and candid assessments of challenges ahead, notably the workforce crisis impacting all providers.
The report includes breakout lists of the largest assisted living, memory care, and independent living providers, encompassing the wide range of care settings seen in the senior living sector.
“We are happy to recognize the largest providers serving seniors across the country,” said James Balda, Argentum president and chief executive officer. “We are also pleased that many of the top 150 providers are members of Argentum, signifying their dedication to promoting quality care and service to older adults.”
Aaron Becker, senior managing director and head of seniors housing and healthcare production at Lument, said the company is “thrilled to once again collaborate with Argentum to produce this immensely insightful report. The data sheds light on the progress and strength of the senior living industry and its optimistic outlook for growth in the years ahead.”
The 2022 Largest Providers report is available at no charge to Argentum members and can be accessed here.
Argentum is the leading national association exclusively dedicated to supporting companies operating professionally managed, resident-centered senior living communities and the older adults and families they serve. Since 1990, Argentum has advocated for choice, independence, dignity, and quality of life for all older adults.
Argentum member companies operate senior living communities offering assisted living, independent living, continuing care, and memory care services. Along with its state partners, Argentum’s membership represents approximately 75 percent of the senior living industry—an industry with a national economic impact of nearly a quarter of a trillion dollars and responsible for providing over 1.6 million jobs. For more information, visit www.argentum.org.
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