Profile: Capital Senior Living Corp (CSU.N)
26 Mar 2015
Capital Senior Living Corporation, incorporated on October 25, 1996, is an operators of senior living communities in the United States in terms of resident capacity. As of December 31, 2013, the Company operated 112 senior living communities in 26 states with an aggregate capacity of approximately 14,600 residents, including 62 senior living communities which the Company either owned or in which the Company had an ownership interest and 50 senior living communities that the Company leased. As of December 31, 2013, the Company also operated one home care agency.
Senior Living Services
The Company provides senior living services to the elderly, including independent living and assisted living services, and also provides home care services at one of its communities. The Company is customizes its service plan to meet the specific needs and desires of each resident.
Independent Living Services
The Company provides independent living services to seniors who typically do not yet need assistance or support with activities of daily living (ADL), but who prefer the physical and psychological comfort of a residential community that offers health care and other services. As of December 31, 2013, the Company owned or had ownership interests in 36 communities and leased 19 communities that provide independent living services, which include communities that combine assisted living and other services, with an aggregate capacity for approximately 7,600 residents. Independent living services provided by the Company include daily meals, transportation, social and recreational activities, laundry, housekeeping and staffing.
Assisted Living Services
The Company offers a range of assisted living care and services, including personal care services, 24-hour staffing, support services, and supplemental services. As of December 31, 2013, the Company owned or had ownership interests in 42 communities and leased 41 communities that provide assisted living services, which include communities that combine independent living and other services, with an aggregate capacity for approximately 7,000 residents. The residents of the Company’s assisted living residences generally need help with some or all ADLs, but do not require the more acute medical care traditionally given in nursing homes. The basic types of assisted living services offered by the Company include personal care services, support services and supplemental services.
Continuing Care Retirement Community Services
The Company offers traditional long-term care through 24-hour-per-day skilled nursing care by registered nurses, licensed practical nurses and certified nursing assistants, and a comprehensive range of restorative nursing and rehabilitation services including, but not limited to, physical, occupational, speech and medical social services. During fiscal 2013, a comprehensive review of care and service offerings was conducted and the Company determined it would no longer provide skilled nursing services at these two communities. Former residents who required these services were relocated and these two communities are in the process of being repositioned with space being converted to offer assisted living care and services.
Home Care Services
As of December 31, 2013, the Company provided home care services to clients at one senior living community through the Company’s home care agency and made home care services available to clients at a majority of its senior living communities through third-party providers. In addition, the Company makes available to residents certain customized physician, dentistry, podiatry and other health-related services that may be offered by third-party providers.
The Company primarily competes with Brookdale Senior Living Inc., Emeritus Corporation, and Five Star Quality Care, Inc.
Capital Senior Living Corp
14160 Dallas Pkwy Ste 300
DALLAS TX 75254-4383