Carespring Healthcare Management

What Carespring Healthcare Management does

Carespring Healthcare Management is a privately held, for-profit senior care operator headquartered in Loveland, Ohio. Founded in 1986 by Barry Bortz and structured as an Employee Stock Ownership Plan (ESOP), the company operates 18 senior living and skilled nursing communities across the Cincinnati, Dayton and Northern Kentucky markets. Its portfolio includes two Continuing Care Retirement Communities (Chesterwood in West Chester, OH and The Barrington of Fort Thomas, KY), multiple skilled nursing and rehabilitation facilities, assisted living, independent living, memory care, long-term nursing, respite, hospice, and on-site hemodialysis services delivered in partnership with DaVita and Fresenius.

The company delivers its services through physical community locations and a multidisciplinary clinical model of physicians, nurses, therapists, dietitians and social workers supported by partner organizations for pharmacy, palliative care, home health, hospice and dialysis. Revenue is generated from monthly resident rent, level-of-care fees, Medicare Part A skilled nursing reimbursement (subject to qualifying hospital stay and coinsurance terms), Medicaid, long-term care insurance and private pay. Customer acquisition is direct-to-consumer via website inquiries, community tours, and referrals from regional healthcare partners. Marketing emphasizes compassionate caregiving, patient success stories, the differentiated indoor "Main Street" concept at Chesterwood and Doverwood, and the ESOP as a recruiting lever.

Carespring has earned AHCA/NCAL National Quality Awards at both Bronze and Silver levels in 2024 and industry recognition from AAPACN in 2026. The company competes with regional and national senior living and skilled nursing operators in the Ohio and Kentucky markets; its competitive position is anchored in regional density, the CCRC continuum-of-care model, ESOP-based staff retention, and a partnership network that supports higher-acuity services such as hemodialysis and palliative care.

Name

Carespring Healthcare Management

Legal name

Carespring Healthcare Management

Website

https://carespring.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Carespring Healthcare Management operates 18 senior living and skilled nursing communities across Cincinnati, Dayton and Northern Kentucky, providing independent living, assisted living, memory care, skilled nursing, rehabilitation, hospice and hemodialysis services to seniors and post-acute patients.

Ownership category

akta.pro rank

Product category

Senior Living & Skilled Nursing Care

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Assisted Living Facilities for the Elderly (623312), Nursing Care Facilities (Skilled Nursing Facilities) (623110), Continuing Care Retirement Communities (623311), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Nursing Care Facilities (Skilled Nursing Facilities) (62311)

SIC

Services-Skilled Nursing Care Facilities (8051), Services-Nursing & Personal Care Facilities (8050), Services-Health Services (8000)

akta.pro primary industry

Assisted Living with Enhanced Care / High-Acuity (Aging-in-Place) (HLADABAC)

akta.pro secondary industries

Facility-Based Respite (Assisted Living/SNF/Memory Care Short Stays) (HLADAKAB), Planned / Scheduled Respite Care (HSABAGAE), Respite Hospice Care (Short-Term Relief) (HSABAFAD)

Keywords

• Skilled nursing care
• Assisted living services
• Memory care
• Senior rehabilitation
• Long-term nursing

Headquarters

HQ city

Loveland

HQ country

United States

HQ region

North America

Offices19 records

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Senior Living Monthly Rent: Monthly rent payments for independent living, assisted living, and memory care accommodations, including basic services such as meals, housekeeping and activities.
2. Care Fees: Additional level-of-care charges based on individualized needs assessment, added to monthly apartment rent for assisted living, memory care, skilled nursing and long-term care services.
3. Skilled Nursing and Rehabilitation: Medicare Part A covers skilled nursing care under specific conditions (qualifying 3-day hospital stay, admission within 30 days, physician-certified daily skilled care need). Medicaid, private insurance, and private pay are also accepted.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Carespring Healthcare Management operates a regional network of 18 senior living and skilled nursing communities across Cincinnati, Dayton, and Northern Kentucky. The company delivers a full continuum of care including independent living, assisted living, memory care, skilled nursing and rehabilitation, long-term nursing, on-site hemodialysis, respite care, and hospice services, primarily funded through private pay, Medicare, and Medicaid.

Product overview

Carespring Healthcare Management operates a network of 18 senior living communities and skilled nursing facilities across Cincinnati, Dayton (Ohio), and Northern Kentucky. The company offers a continuum of care services including Independent Living, Assisted Living, Memory Care, Skilled Nursing & Rehabilitation, Long-Term Nursing Care, Hemodialysis, Respite Care, and Hospice Care. The portfolio includes two Continuing Care Retirement Communities (CCRCs) - The Barrington of Fort Thomas and Chesterwood Senior Living - which offer multiple care levels. Specialized facilities include The Advanced Therapy Center at Chesterwood for advanced rehabilitation, and three locations (Coldspring, Indianspring, Dayspring) offering on-site hemodialysis in partnership with DaVita and Fresenius Kidney Care. Founded in 1986 by Barry Bortz, the company emphasizes compassionate, family-style care delivered by teams of nurses, therapists, aides, and support staff.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Living
• Assisted Living
• Memory Care
• Skilled Nursing and Rehabilitation
• Long-Term Nursing Care
• Hemodialysis
• Respite Care
• Hospice Care

Named customers3 records

Segments6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core.

• DaVita SNF DialysiscoreStrategic or Co-development PartnerDaVita SNF Dialysis provides hemodialysis services at Carespring's Coldspring and Indianspring locations. Staffed by highly trained nurses, technicians and medical directors, DaVita has been improving clinical outcomes for skilled nursing and rehabilitation dialysis patients for more than 20 years.
• Fresenius Kidney CarecoreStrategic or Co-development PartnerFresenius Kidney Care, a division of Fresenius Medical Care, partners with Carespring to provide on-site hemodialysis. Dedicated to improving the lives of those impacted by kidney disease, serving over 299,000 patients in more than 3,700 dialysis centers worldwide.
• Carebridge Palliative ServicescoreStrategic or Co-development PartnerCarebridge Palliative Services is one of Cincinnati's largest providers of symptom management services. Their mission is to enhance patient quality of life through expert consultation on symptom management therapies, working collaboratively with Carespring care teams.
• Carespring NP, LLCcoreStrategic or Co-development PartnerCarespring NP, LLC helps ensure a patient's providers, services and treatments work together in harmony with a shared goal of improving health and well-being. They provide improved information to Physicians for more informed patient decisions and improved clinical outcomes.
• HeartspringcoreStrategic or Co-development PartnerHeartspring provides 24-hour home health care to all patients requiring skilled care services. Providers include registered nurses, licensed practical nurses, physical therapists, occupational therapists, speech therapists, medical social workers and home health aides.
• Hospice of Southwest OhiocoreStrategic or Co-development PartnerHospice of Southwest Ohio is dedicated to providing quality comfort care and support in meeting the medical, emotional, spiritual and psychological needs of patients, families, caregivers and community in an environment of dignity and respect.
• Continuum Therapy PartnerscoreStrategic or Co-development PartnerContinuum Therapy Partners provides high quality Rehabilitative Services as well as excellent Clinical Services, Community Involvement, Education and Innovation for Carespring communities.
• Lifeline PharmacycoreOthersLifeLine24 stands as the premier privately owned pharmacy dedicated to delivering comprehensive long-term care solutions for high-acuity residents and facilities. Serves Skilled Nursing Facilities, Assisted Living Communities, Personal Care Facilities, Rehabilitation Centers, and Developmentally Disabled Home Care Facilities.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Others

• Welltower: Welltower is a healthcare REIT that owns senior housing and skilled nursing properties, often leased to operators like Carespring. It is an adjacent capital partner/landlord rather than a direct operator peer.
• DaVita: DaVita partners with Carespring to provide on-site hemodialysis at multiple facilities. It is a strategic service partner rather than a competitor, but its presence shapes Carespring's higher-acuity service offering.

Direct peers

• Trilogy Health Services: Trilogy operates senior living, assisted living, memory care, and skilled nursing communities, primarily in the Midwest. Highly comparable to Carespring's regional Midwest footprint and continuum-of-care service model.
• The Ensign Group: Ensign operates skilled nursing and post-acute care facilities including some transitional care and rehabilitation services, closely paralleling Carespring's SNF and rehabilitation footprint and Medicare reimbursement exposure.
• National HealthCare Corporation: NHC operates a network of skilled nursing, assisted living, and home care communities across the U.S. Directly comparable to Carespring's mix of SNF, assisted living, and rehabilitation services, with similar payer mix dynamics and operational model.
• Genesis HealthCare: Genesis operates skilled nursing facilities and senior living communities with rehabilitation services, sharing Carespring's core service lines, Medicaid/Medicare payer exposure, and multi-state operational challenges.
• CommuniCare Health Services: CommuniCare operates skilled nursing, assisted living, and rehabilitation communities across several Midwestern and Mid-Atlantic states. Comparable to Carespring's SNF-heavy portfolio and long-term care service mix.

Broad incumbents

• Atria Senior Living: Atria operates assisted living and memory care communities across the U.S. It overlaps with Carespring's assisted living and memory care offerings but at national scale and primarily in higher-acuity private-pay segments.
• Brookdale Senior Living: Brookdale is the largest U.S. operator of senior living communities, including assisted living, memory care, and independent living. Comparable in service categories to Carespring but operates at national scale with broader geographic reach.

Regional players

• Carespring (regional SNF operator in OH/KY): Other Ohio-based senior living and skilled nursing operators such as Meadowbrook Care Center, Health Care Management Group, and other Cincinnati-area SNFs share the same regional referral networks and payer dynamics as Carespring.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@thecarespringchannel8429
• Facebookfacebook.com/carespring
• LinkedInlinkedin.com/company/carespring-healthcare-management

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Carespring Healthcare Management