Market Research Report
Overview
Summit LTC Winnsboro LLC is an integral part of Summit LTC, a Texas-centric organization that manages skilled nursing and rehabilitation facilities across the state. Founded in 2016, Summit LTC's headquarters is located in Fort Worth, Texas, at 2800 W Lancaster Ave., Fort Worth, TX 76107. For inquiries, they can be contacted via phone at (682) 499-2894 or email at info@summitltc.com.
Facilities and Services
Summit LTC operates multiple facilities across Texas, including notable centers like Whispering Pines Nursing & Rehab and Summit Nursing & Rehab of San Augustine, with facilities situated in urban areas such as Dallas, Sherman, and San Antonio. Their service portfolio encompasses:
- Rehabilitation Services: Offering physiotherapy, occupational therapy, and speech therapy, enhanced with techniques like TENS unit and hot/cold therapy.
- Specialized Nursing: Comprehensive care options, including respiratory services like tracheostomy and mechanical ventilation, supplemented with pulmonologist consultations.
- Holistic Care Programs: Activities fostering community engagement and well-being including daily activities, spiritual services, and family gatherings.
- Additional Support: Services extend to long-term care, hospice, restorative nursing, IV therapy, wound care, consultant pharmacists, psychiatry, and counseling.
Leadership
Chris Slimmer, as President and Co-owner, leads Summit LTC with a strategic focus on health care management. He, along with Marissa Harth, Vice President of Clinical and Reimbursement Services, drive the company’s agenda toward maintaining high healthcare standards and community relations. Notably, their leadership team was pivotal in relief efforts during Hurricane Harvey.
Competitor Analysis
Amedisys, Inc.
- Overview: A healthcare service provider known for its home-based care, including home health, hospice, and personal care.
- Financials: Reported revenues of $2.071 billion and a net income of $185.184 million for the fiscal year ending December 31, 2020.
- Strategic Movements: Optum's acquisition of Amedisys for $3.3 billion in June 2023 signifies its strong market positioning.
Brookdale Senior Living Inc.
- Overview: A major entity in the senior living domain, offering independent living, assisted living, and memory care.
- Scale: Operates 652 communities across 41 states with a workforce of approximately 24,480 full-time employees.
- Business Segments: Include Independent Living, Assisted Living, and Continuing Care Retirement Communities.
Comfort Keepers
- Services: Focuses on in-home senior care, delivering personalized support through 700 offices globally.
Industry Context
Summit LTC Winnsboro LLC operates in a competitive skilled nursing facilities industry. Companies like Amedisys and Brookdale Senior Living command a strong national presence with diverse offerings, including both in-home care and expansive senior living options. The industry is characterized by consolidation, highlighting the dynamic shifts through mergers and acquisitions.
Strategic Implications
For Summit LTC Winnsboro LLC, strategic differentiation is essential, leveraging local expertise and personalized care to stand apart from expansive service models of competitors. Emphasizing specialized and rehabilitative care can cater to niche demands unmet by larger operators. Summit LTC could capitalize on opportunities within specific healthcare segments by maintaining focus on its core competencies and regional presence.
