Brookdale Senior Living Inc. (BKD) is a leading provider of senior living communities throughout the United States, headquartered in Brentwood, Tennessee. With an operational experience of more than 40 years, the company operates over 700 retirement communities across 45 states, serving approximately 68,000 residents as of 2021.
The company takes immense pride in offering the very best in senior living options, which includes assisted living, independent living, memory care, skilled nursing and home health services, and continuing care retirement services. The company is also passionate about its mission to enrich the lives of those they serve with compassion, respect, excellence, and integrity.
Brookdale's approach is centered on a person-first culture, seeking to provide a sense of belonging, purpose and a unique lifestyle to its residents. Their communities are designed with the comfort and safety of the residents in mind and are equipped with various amenities like dining, fitness centers, salon services, and libraries.
Brookdale Senior Living Inc's impressive portfolio has fostered its rank as the largest operator of senior housing in the United States based on the number of residences. It is publicly traded on the New York Stock Exchange under the ticker symbol "BKD".
However, the journey has not been without its challenges. The company was heavily impacted by the COVID-19 pandemic, with a significant dip in occupancy reported. Measures were taken to mitigate the risks, and since the vaccine rollout, there has been a gradual restoration of normalcy within the communities.
Brookdale is recognized for its efforts in making substantial strides in providing a meaningful experience for its residents. Indeed, their model hinges on the idea that no one should forsake their personal freedom and vitality just because age has become a factor. Through active engagement, social interaction, and maintaining a zest for life, Brookdale is restructuring the traditional outlook on senior living.
From a corporate perspective, Brookdale has a strong corporate governance structure that places emphasis on transparency and accountability. Their Board of Directors and executives work together to establish long-term strategic goals, oversee business plans and risks, and continuously improve systems and services to adequately meet the needs of their residents.
In conclusion, Brookdale Senior Living Inc. stands as a testament to what compassionate senior living should look like, through their dedication to quality care, innovative living solutions, and treatment of their residents with the utmost dignity and respect.