Sunrise Senior Living

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Sunrise Senior Living
Industryseniors residences
Founded1981; Oakton, VA
FounderPaul and Terry Klaassen
Headquarters,
Number of locations
over 315
ServicesIndependent living, assisted living, memory care, nursing, rehabilitative services
Websitewww.sunriseseniorliving.com

Sunrise Senior Living is an American operator of assisted living and other houses for senior citizens. As of 2017 it operates over 320 assisted living facilities throughout the United States, Canada and the United Kingdom,[1] making it the fifth largest senior living provider in the U.S.[2]

Headquartered in McLean, Virginia in the Washington, DC metropolitan area, the company employs approximately 32,000 people.[3][4]

Sunrise offers senior living services including independent living, assisted living, care for individuals with Alzheimer's disease and other forms of memory loss, as well as nursing and rehabilitative services.[5]

Leadership[edit]

The first Sunrise community was opened in 1981 in Oakton, Virginia, by founders Paul and Terry Klaassen.[6][7] In April 2014, Chris Winkle was named Sunrise’s chief executive officer (CEO).[8]

Acquisitions[edit]

In August 2014, Sunrise Senior Living purchased the management company of Gracewell Healthcare, a residential care home company in the United Kingdom owned by Health Care REIT, Inc. (HCN). Sunrise will manage 15 care homes throughout England under the Gracewell brand in addition to the current 27 communities throughout the United Kingdom under the Sunrise brand.[9]

United Kingdom[edit]

The company was ordered to pay more than £2 million in compensation by the Competition and Markets Authority in May 2018 after an investigation into compulsory upfront fees. Residents had been charged a Community Fee of several thousand pounds before they had secured a place at the home. This was non-refundable once someone had lived in the home for more than 30 days.[10]

References[edit]

  1. ^ "Sunrise Senior Living Opens New Community in San Diego". BusinessWire. 13 June 2017. Retrieved 21 July 2017.
  2. ^ "2014 Largest Senior Living Providers". alfa.org. Retrieved 13 May 2015.
  3. ^ Heath, Thomas (22 August 2012). "Sunrise Senior Living sold to health-care company for $845 million". The Washington Post. Retrieved 30 April 2015.
  4. ^ "Sunrise Senior Living Opens New Community in San Diego". BusinessWire. 13 June 2017. Retrieved 21 July 2017.
  5. ^ "Sunrise Senior Living LLC". Retrieved 30 April 2015.
  6. ^ Leiberman, Brett (30 October 2008). "Paul Klaassen looks back on his 27-year reign as CEO". Virginia Business. Retrieved 13 May 2015.
  7. ^ "The Sunrise Story". Sunrise Senior Living. Retrieved 21 July 2017.
  8. ^ "Bloomberg Business Profile". Bloomberg LP. Retrieved 30 April 2015.
  9. ^ Bowers, Lois A. (14 August 2014). "Sunrise Senior Living to manage Health Care REIT properties in UK". LTL Magazine. Retrieved 13 May 2015.
  10. ^ "Compensation was secured by Competition and Markets Authority". Knutsford Guardian. 9 May 2018. Retrieved 15 August 2018.