gulations that impact the company’s industry include state and local laws impacting licensure, protecting consumers against deceptive practices, and affecting the communities' management of property and equipment and how the company otherwise conducts its operations, such as fire, health and safety laws and regulations and privacy laws; federal and state laws designed to protect Medicare and Medicaid, which mandate what are allowable costs, pricing, quality of services, quality of care, food service, resident rights (including abuse and neglect) and fraud; federal and state residents' rights statutes and regulations; Anti-Kickback and physicians referral (Stark) laws; and safety and health standards set by the Occupational Safety and Health Administration. The company is also subject to certain federal and state laws that regulate financial arrangements by health care providers, such as the Federal Anti-Kickback Law, the Stark laws, and certain state referral laws. Significant Events In April 2014, Brookdale Senior Living Inc. and HCP Inc. agreed to create a joint venture that will initially own and operate 14 entry-fee continuing care retirement communities valued at $1.2 billion. In November 2014, Brookdale Senior Living Inc. announced it had completed the creation of a continuing care retirement communities (CCRC) joint venture with HCP Inc. Competition The company’s major competitors include Emeritus Corporation; Capital Senior Living Corporation; Sunrise Senior Living, LLC; Life Care Services, LLC; and Atria Senior Living Group. It also competes with HCP, Inc.; Ventas, Inc.; and Health Care REIT, Inc.
brookdale senior living inc
111 Westwood Place
Brentwood, TN 37027
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