Balanced Care Corporation - BAL- Profile

Balanced Care Corporation. The Group's principal activities are to provide services such as medical rehabilitation, home health care and skilled nursing. The Group utilizes assisted living facilities as the primary service platform to provide an array of healthcare and hospitality services, including preventive care and wellness, Alzheimer's/dementia care and, in certain markets, extended care. As of 30-Jun-2001, the Group owned, leased or managed 54 assisted living communities and three skilled nursing facilities and had one assisted living community. The Group operates, develops and manages assisted living facilities owned by REITs and leased to special purpose entities. The Group's operations are located in Pennsylvania, Arkansas, Virginia, Ohio, North Carolina, Tennessee, West Virginia and Indiana. Resident services accounted for 83% of fiscal 2001 revenues; patient services, 17% and development, general and administrative, nominal. Resident services accounted for 83% of fiscal 2001 revenues; Patient services, 17% & Development, General & Administrative, nom