Long-term Care Facilities Essay by The Research Group

Long-term Care Facilities
Examines operations, strategies & investment potential of Multicare Companies, Living Centers of Americans & Genesis Health. Chart.
# 11627 | 2,025 words | 9 sources | 1996 | US
Published on May 19, 2003 in Medical and Health (General) , Aging (General)

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From the Paper:

The long-term care facilities industry is characterized by consolidation and acquisition as companies seek to expand their market share by growing through mergers. The industry is also characterized by a number of regional companies that focus on their immediate geographic area, and which are reluctant to break out of that area by incurring the costs which go with starting up a new facility.

Revenues in this industry come from private patients who have insurance coverage, or from Medicare and Medicaid patients. Few individuals are able to privately fund the large amounts it takes to sustain residence in a long-term care facility. Some companies have as their goal the eventual discharge of their patients, with the result that they must constantly market their services to obtain ..."

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