Industry Senior living Founder Daniel R Baty | Traded as NYSE: BKD Website www.emeritus.com Ceased operations July 31, 2014 | |
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Subsidiaries Summerville Senior Living Inc, Emericare Inc | ||
Emeritus Corporation doing business as Emeritus Senior Living was a provider of independent living, assisted living, Alzheimer’s/memory care, and skilled nursing for seniors living in Emeritus communities throughout the United States. The company was founded in 1993, and was acquired by Brookdale Senior Living in July 2014.
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Emeritus specialized in assisted living services for seniors who need help with daily activities such as bathing, dressing, meals and medications management. Most communities also provided expert care for Alzheimer’s and memory care residents, and offer respite stays for seniors who need short-term stays. As of the February 20, 2014 merger with the world's largest provider of senior living solutions, Brookdale Senior Living, NYSE (BKD) Emeritus joined the largest provider in the senior living industry. Emeritus had locations in 47 states, with several facilities within each state.
Facilities
Company revenues were $1.57 billion in 2012. As a result of the merger with Brookdale, Emeritus now manages 1,100 facilities in 46 states.
History
Controversy
An episode of Frontline which aired on July 30, 2013 documented the alleged neglect and physical abuses perpetrated on patients by Emeritus. In one civil lawsuit, Joan Boice et al v. Emeritus Corporation, a Sacramento, California jury found Emeritus liable for neglect which apparently resulted in the 2009 death of a patient; the jury assessed the company $23 million in punitive damages. Following the broadcast, Emeritus established the website www.EmeritusFacts.com.