Is this a fragmented industry?

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Yes. The top 10 nursing home companies (by bed count) accounted for about 15.5 percent of beds. In fact, the largest chains have divested beds faster than the overall sector in recent years.

States with high liability costs have led to many larger chains selling facilities those states.


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In Focus

March 14

Hall marks

Newtown, PA

Pennswood Village is encouraging residents to hang their artworks in the community's hallways.