Argentum 150 largest providers report cover

The three largest for-profit senior living providers — Brookdale Senior Living, LCS and Holiday Retirement — remained unchanged from 2020 in the 2021 Argentum & Lument Largest Providers Report, which includes 150 companies. Argentum released the new list on Wednesday.

The rankings are based on data current as of Dec. 31. Data for skilled nursing units were not included.

The top 10 largest providers by total units:

  1. Brookdale Senior Living – 60,911 total units
  2. LCS – 35,397 units
  3. Holiday Retirement – 29,111 units
  4. Atria Senior Living – 25,000 units (7th place last year)
  5. Five Star Senior Living – 24,398 units (4th last year)
  6. Sunrise Senior Living –  24,109 units (5th last year)
  7. Erickson Senior Living – 22,383 units (6th last year)
  8. Senior Lifestyle – 17,231 units
  9. ALG Senior – 12,863 units
  10. Watermark Retirement Communities —–10,566 units (13th last year)

10 largest providers by operational resident capacity:

  1. Brookdale Senior Living – 60,911 resident capacity
  2. LCS – 37,550
  3. Holiday Retirement – 33,478
  4. Sunrise Senior Living – 27,605
  5. Five Star Senior Living – 26,315
  6. Erickson Senior Living – 26,105
  7. Senior Lifestyle – 19,452
  8. Trilogy Health Services – 13,390
  9. ALG Senior – 12,863
  10. Enlivant – 11,500

Several companies moved up on the list by 10 or more spots, including Sunshine Retirement, which moved from 67th place to 40th; Oakmont Senior Living, from 53rd to 43rd; Arrow Senior Living Management, from 60th to 46st; Traditions Management, from 62nd to 48th; and Cadence Living, from 86th to 51st place.

Several companies also moved down the list by 10 or more spots, including Koelsch Communities, moving from 52nd place to 63rd, Avamere Family of Companies, from 54th to 65th, Aegis Living, from 43rd to 67th, Capri Communities, from 41st to 72nd and JEA Senior Living, from 36th to 75th place.

The five largest assisted living providers:

  1. Brookdale Senior Living – 34,489 assisted living units
  2. Sunrise Senior Living – 14,505 units
  3. Five Star Senior Living – 11,308 units
  4. Enlivant – 9,274 units
  5. Trilogy Health Services –  8,550 units

The five largest independent living providers:

  1. Holiday Retirement – 28,695 independent living units
  2. LCS – 26,457 units
  3. Erickson Senior Living – 20,594 units
  4. Brookdale Senior Living – 16,626 units
  5. Five Star Senior Living – 10,901 units

The five largest memory care providers:

  1. Brookdale Senior Living – 9,796 memory care units
  2. Sunrise Senior Living – 6,353 units
  3. Frontier Management – 4,581 units
  4. ALG Senior – 3,277 units
  5. Senior Lifestyle – 2,777 units

The five largest CCRC operators:

  1. LCS – 95 communities
  2. Five Star Senior Living — 36 communities
  3. Century Park Associates – 30 communities
  4. Brookdale Senior Living – 20 communities
  5. Erickson Senior Living – 19 communities

See the full lists here. The report also includes major market changes, post-COVID-19 disruption and the progress of women in leadership.