It is exciting see the year-over-year growth and trends in this unique universe of not-for-profit senior living, and to witness the substantial progress taking place in this market...
Chicago, IL (PRWEB) December 11, 2014
• LeadingAge and Ziegler’s eleventh annual report expands the “LeadingAge Ziegler 100” to the “LeadingAge Ziegler 150” to showcase 50 additional not-for-profit multi-site senior living providers in the United States
- Today’s 150th-ranked organization is equal to what the size of the 100th-ranked organization was at the time of the first publication, showcasing significant growth in the not-for-profit senior housing sector over the past eleven years
- The not-for-profit senior living providers are providing an expanded range of services to meet the needs of older adults in their communities, including specialized memory care units, in-home services, and electronic health and medical records To meet the needs of lower-income seniors, nearly one-half of the LZ 150 organizations offer affordable housing units
- The LZ 150 organization are major employers, with an average of 1,056 full-time employees
- Many LZ 150 organizations are expanding to meet the growing needs for care and services, with nearly one-quarter reporting being in a joint venture with another not-for-profit organization, a hospital/health system or a home health/home care agency
See full survey results here: 2014 LeadingAge Ziegler 150.
Ziegler, a healthcare and senior living specialty investment bank, along with LeadingAge, the premier organization dedicated to education and advocacy in aging services, have collaborated on the LeadingAge /Ziegler 150 (LZ 150). Conducted since 2000, this annual survey provides great insight into the not-for-profit multi-site senior living market. The eleventh edition of this report is newly expanded this year, reflecting the significant category growth in the United States in the last decade.
The LZ 150 is a snapshot of the long-standing story of LeadingAge members, listing the largest not-for-profit senior living systems in the United States, by order of their total owned market-rate units.
“It is exciting see the year-over-year growth and trends in this unique universe of not-for-profit senior living, and to witness the substantial progress taking place in this market. We are pleased to have the opportunity to deliver this impactful information and data that will help service providers make positive changes within their organizations,” said Dan Hermann, Senior Managing Director and Head of Investment Banking at Ziegler.
“This year’s LZ 150 confirms the significant role that LeadingAge member not-for-profit organizations play in the aging services field. The LZ 150 helps to increase the public understanding of long-term care services, while also giving organizations the opportunity to share insights and strategies that will improve aging services in the United States,” said Larry Minnix, President and CEO of LeadingAge.
The LZ 150 was launched as a joint venture to examine and understand the not-for-profit senior-living field. The 150 largest systems represent more than 235,000 units throughout the country. The systems range from 18,286 units to 550 units, and collectively they own 1,140 market-rate communities.
The Ziegler Companies, Inc., together with its affiliates (Ziegler), is a specialty investment bank with unique expertise in complex credit structures and advisory services. Nationally, Ziegler is ranked as one of the leading investment banking firms in its specialty sectors of healthcare, senior living, religion, and education, as well as general and structured municipal finance.
Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, corporate finance, FHA/HUD, strategic advisory services and research. Ziegler serves institutional and individual investors through its wealth management and capital markets distribution channels.
About Leading Age:
The mission of LeadingAge is to expand the world of possibilities for aging. Our membership includes 6,000 not-for-profit organizations representing the entire field of aging services, 39 state partners, and hundreds of businesses, consumer groups, foundations, and research partners. Together, our members touch 4 million lives every day.
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