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Elder Living Concepts Inc company history timeline

1995

By 1995, Assisted Living had six facilities in Oregon, ten in Texas, and three in Washington.

1996

The company lost money that year, as expected—$575,000 on revenues of $4 million—but finished 1996 in the black with a total profit of $149,000 on revenues of $19 million.

1997

In 1997, Assisted Living began to acquire other assisted living companies, the first of which was Carriage House Assisted Living of Nebraska.

1998

1998: An audit forces Assisted Living to recalculate past earnings.

2000

2000: Assisted Living agrees to a $30 million settlement in order to avoid a class-action suit; Wilson is replaced by William James Nicol.

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Founded
1992
Company founded
Headquarters
Rowley, MA
Company headquarter
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Elder Living Concepts Inc history FAQs

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