Largest SNF companies by net patient revenue
|Rank||Skilled nursing facility||Definitive ID||State||Net patient revenue||Explore dataset|
|1||The Ensign Group||581975||CA||$3,213,823,507||Explore|
|3||Providence Administrative Consulting Services - PACS (AKA Providence Group)||849843||UT||$2,295,448,190||Explore|
|4||Life Care Centers of America||582066||TN||$1,975,659,021||Explore|
|5||LCS (AKA Life Care Services)||581987||IA||$1,397,772,778||Explore|
|6||Centers Health Care||582428||NY||$1,159,072,854||Explore|
|7||ProMedica Senior Care (FKA HCR ManorCare)||582043||OH||$1,143,896,381||Explore|
|8||Trilogy Health Services LLC||582145||KY||$1,133,751,194||Explore|
|9||Consulate Health Care||582195||FL||$1,081,757,924||Explore|
|10||Saber Healthcare Group||582131||OH||$960,973,115||Explore|
What are the largest skilled nursing companies?
The Ensign Group has the most net patient revenue with $3.21 billion accrued from business at 278 SNFs and 28 assisted living facilities. Next is Genesis HealthCare, with $2.86 billion from 244 SNFs and 27 assisted living facilities, followed by Providence Administrative Consulting Services, with $2.29 billion from 144 SNFs and 7 assisted living facilities.
Collectively, the top 10 SNF corporations have more than $17 billion in net patient revenue. Of the 1,800 corporations reporting NPR in August 2023, the average is $69.34 million.
How does a nursing home differ from a skilled nursing facility?
Long term skilled nursing facilities and nursing homes differ primarily in that SNFs are covered by Medicare (for a period of time), but nursing homes are not. Furthermore, skilled nursing care is intended to help patients undergoing rehabilitative or medical treatment, while nursing homes provide a permanent residence for elderly individuals needing 24/7 care.
How is net patient revenue calculated for an SNF company?
Net patient revenue represents the amount of money a healthcare organization collects from patient services. The following formula calculates NPR:
Net Patient Revenue = Total Patient Revenue – Patient Discounts
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