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

May 16

Bringing in the outdoors

Hollidaysburg, PA 

Garvey Manor and Our Lady of the Alleghenies Residence continuing care retirement community recently hosted an outdoor show, "Marching into the Woods."

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