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Emeritus Corp

 
Hoover's Profile: Emeritus Corporation
(NYSE:ESC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Emeritus Corporation
3131 Elliott Ave., Ste. 500
Seattle, WA 98121
WA Tel. 206-298-2909
Toll Free 800-429-4828
Fax 206-301-4500

Type: Public
On the web: http://www.emeritus.com
Employees: 18,671
Employee growth: 15.2%

The Emeritus Corporation honors the retirement set. The company operates assisted-living communities for senior citizens who don't need the more intensive care provided by nursing homes, but may need some help with daily activities such as feeding, bathing, housekeeping, and managing their medications. Emeritus' communities also organize social and recreational activities for residents, and most of them provide special services (called Join Their Journey programs) to support residents with Alzheimer's disease or other forms of dementia. Emeritus owns, leases, or manages more than 300 communities in about 40 states across the US, some under the Summerville name.

Key numbers for fiscal year ending December, 2008:
Sales: $769.4M
One year growth: 41.0%
Net income: ($104.8)M

Officers:
Chairman and Co-CEO: Daniel R. Baty
President, Co-CEO, and Director: Granger Cobb
EVP Finance and CFO: Robert C. Bateman

Competitors:
Assisted Living Concepts
Brookdale Senior Living
Sunrise Senior Living

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