Company Description (as filed with the SEC)
Unless the context otherwise requires, the terms “Emeritus,” the “Company,” “we,” “us,” and “our” refer to Emeritus Corporation and its consolidated subsidiaries. Overview Emeritus was founded in 1993 and is one of the largest and fastest-growing operators of senior living communities in the United States. We own and operate a portfolio of high-quality, purpose-built communities providing resident services including independent living, assisted living, specialized Alzheimer’s/dementia (“memory care”), and, to a lesser extent, skilled nursing care. Beginning in 2012, we added home healthcare to our service offerings, through our acquisition of Florida-based Nurse on Call, Inc. (“NOC”). Emeritus is comprised of three operating segments and reporting units, which are: (i) ancillary services, including NOC; (ii) the 129 communities acquired in the HCP Transaction; and (iii) the legacy Emeritus communities. ... More ...