ascension-living Research by SuperAGI

Overview

Ascension Living is a mission-driven, non-profit organization affiliated with the Catholic health system, Ascension. Headquartered at 4600 Edmundson Road, St. Louis, MO 63134, Ascension Living operates over 50 senior living communities across 12 states and the District of Columbia, serving approximately 10,000 residents, program participants, and patients. With an annual revenue of $136.3 million and a workforce of 404 employees, the company is recognized for delivering high-quality, compassionate, and personalized care, particularly to those most in need. Ascension Living focuses on innovative care practices and maintains a commitment to the values of its parent organization, Ascension.

Service Offerings

Ascension Living provides a comprehensive range of senior care services designed to accommodate various needs. Key offerings include:

Independent Living: Provides a vibrant, maintenance-free lifestyle for active seniors.

Assisted Living: Offers independence with additional daily living support.

Memory Support: Includes specialized care for individuals with Alzheimer's or other memory-related conditions.

Skilled Nursing: Ensures 24/7 professional medical care.

Rehabilitation Services: Customizes care plans to support recovery.

In-Home Support Services: Allows seniors to receive care at home with an array of support options.

Leadership Team

The leadership at Ascension Living comprises seasoned professionals dedicated to strategic growth and quality care:

Lisa Musgrave, MHA, BSN, RN: Senior Vice President of Post-Acute and At-Home Services.

Erin Shadbolt: Chief Executive Officer, recently appointed to lead operational and strategic initiatives.

Kellie Gronefeld: Chief Operating Officer, oversees daily operations.

Rachel Raymond: Chief Strategy Officer, focuses on strategic innovations.

Terri Luke: Chief Nursing Officer, ensures clinical excellence and safety.

Bob Smoot: Chief Mission Integration Officer, aligns services with organizational values.

Facilities and Locations

Ascension Living operates diverse communities across its service regions including:

Alexian Village, Milwaukee, WI

Bethlehem Woods Village, IL

Franciscan Place, WI

Via Christi Village, KS

Providence Village, TX

Recent Developments

A significant structural reorganization within Ascension Living has taken place under the leadership of Erin Shadbolt, focusing on enhancing clinical practice innovations to improve patient experiences. Restructuring efforts include strategic asset sales to address financial performance.

Financial Insights

As part of Ascension, the larger organizational framework, Ascension Living has faced financial hurdles with past net losses. Current strategic endeavors aim at fiscal health improvements through asset reorganization and operational efficiencies.

Competitive Landscape

Ascension Living's primary competitors include:

New Haven Assisted Living and Memory Care: Annual revenue of $20.8 million with 77 employees, notable for a 31% annual growth in workforce.

HumanGood: A nonprofit operator emphasizing resident experiences, contending with other national entities.

Covenant Living Communities & Services: Revenue of $182.6 million and 541 employees, managing 16 communities across 10 states with notable geographic reach and an 8% staffing growth.

Larger competitors such as Erickson Living provide significant competition in service offerings and operational scale.

Strategic Positioning

Ascension Living's strengths lie in its connection to Ascension's network, promoting access to a wide array of healthcare resources. This affiliation positions it uniquely in the senior care market, emphasizing compassionate and personalized services, particularly aimed at vulnerable groups. By focusing on innovative best practices, Ascension Living fosters resident satisfaction and positions itself advantageously within the not-for-profit sector.