| Type | Public (ESC) |
|---|---|
| Industry | Senior living |
| Founded | 1993 (Renton, Washington) |
| Headquarters | Seattle, Washington |
| Website | www.emeritus.com |
Emeritus Corporation (NYSE: ESC) Emeritus Senior Living is 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.
Emeritus specializes in assisted living services for seniors who need help with daily activities such as bathing, dressing, meals and medications management. Most communities also provide expert care for Alzheimer’s and memory care residents, and offer respite stays for seniors who need short-term stays. As of April 2010, Emeritus is the largest provider in the assisted living industry. [1]
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1993: Emeritus was founded by Daniel Baty, Ray Brandstrom and Frank Ruffo in Renton, Washington 1995: Emeritus goes public on the American Stock Exchange 2007: Emeritus merges with Summerville Senior Living. Summerville CEO Granger Cobb is appointed Co-CEO of Emeritus [2] 2008: Emeritus moves to the New York Stock Exchange. [3] 2009: Emeritus launches Home Visits 2010: Emeritus launches Brain Health Lifestyle Program and appoints nationally recognized neuropsychologist Dr. Paul Nussbaum as Director of Brain Health [4] 2010: Emeritus acquires Sunwest Properties through a Joint Venture with Blackstone and Columbia Pacific Advisors. Through this venture, Emeritus becomes largest assisted living provider in the industry. [5] 2011: Granger Cobb appointed as CEO of Emeritus [6]