Ascension Living

What Ascension Living does

Ascension Living is a non-profit senior living provider operating as the post-acute care subsidiary of Ascension Health Alliance (d/b/a Ascension), one of the largest Catholic health systems in the United States. Formed in 2014 by consolidating Ascension's senior living assets, the organization delivers a full continuum of elder care through six Living Choice categories — independent living, assisted living, memory support, skilled nursing, rehabilitation, and supportive living/retreat stays — and five At Home Choice categories including the Program of All-Inclusive Care for the Elderly (PACE), adult day services, Live at Home, Ascension at Home, and hospice routed through Compassus. Services are delivered across 20+ communities in 11 states plus Washington, D.C., concentrated in the Midwest (Illinois, Wisconsin, Indiana, Kansas), with additional presence in Tennessee, Texas, Michigan, and New York.

Revenue is generated through monthly subscription fees for residential services (covering accommodation, meals, housekeeping, transportation, and care) combined with Medicare and Medicaid capitation payments for PACE participants, plus private-pay and Medicaid reimbursement for skilled nursing. The customer base is a long tail of individual seniors and their families, accessed through a direct-to-consumer go-to-market model — website, virtual tours, community events, and referrals from Ascension's 151-hospital network. PACE programs serve adults aged 55+ who meet nursing-home level of care and wish to remain in their homes, creating a distinct clinical and reimbursement profile versus traditional residential senior living. The organization employs between 5,001 and 10,000 people and operates without any disclosed venture, private equity, or public ownership, functioning entirely within the Ascension parent system. In July 2024, Ascension Living was folded into a broader Post-Acute Services Division led by Danny Stricker, which also oversees home health, hospice, palliative care, home infusion, and home medical equipment, indicating a strategic move toward a fully integrated post-acute continuum.

Name

Ascension Living

Legal name

Ascension Health Alliance d/b/a Ascension

Website

https://ascensionliving.org

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Ascension Living is a non-profit senior living provider and subsidiary of Ascension Health Alliance, operating 20+ communities across 11 states and D.C. offering independent living, assisted living, memory support, skilled nursing, rehabilitation, and PACE programs to older adults.

Ownership category

akta.pro rank

Headquarters

HQ city

St Louis

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain, Others

Revenue model

1. Senior Living Services: Ascension Living generates revenue through monthly fees for residential senior living services including independent living, assisted living, memory support, skilled nursing, and rehabilitation. Additional revenue comes from PACE (Program of All-Inclusive Care for the Elderly) services, which are funded through Medicare, Medicaid, and private pay options.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Ascension Living operates owned senior living communities delivering Independent Living, Assisted Living, Memory Support, Skilled Nursing, Rehabilitation, Supportive Living, and Retreat Stays, plus At Home services including the PACE (Program of All-Inclusive Care for the Elderly) program, Adult Day Services, Live at Home, Ascension at Home supplemental in-home care, and Hospice. Services are delivered to seniors and their families across more than 20 locations in 11 states and Washington D.C., with monthly recurring fees for residential care and Medicare/Medicaid funding for PACE participants.

Product overview

Ascension Living is a senior living provider offering a comprehensive portfolio of care services across multiple living choices and community locations. The organization operates as a platform-plus-locations model, providing six core Living Choices (Independent Living, Assisted Living, Memory Support, Skilled Nursing, Rehabilitation, and Supportive Living/Retreat Stays) and five At Home Choices (PACE, Adult Day Services, Live at Home, Ascension at Home, and Hospice). These services are delivered through a network of over 20 community locations across 9 states and Washington D.C., including PACE centers, skilled nursing facilities, and retirement living communities. The PACE (Program of All-Inclusive Care for the Elderly) program serves as a key differentiator, offering comprehensive wrap-around care to help seniors remain in their homes. Communities include Alexian Village Tennessee, Alexian PACE, Bethlehem Woods Village, Carroll Manor, Casa Scalabrini Village, Franciscan Place, HOPE, Lakeshore at Siena, Nazarethville Place, Our Lady of Peace, Providence Village, Resurrection Village, Resurrection Village Life Center, Sacred Heart Village, St. Francis Place, St. Vincent PACE, Valley Residence, and multiple Via Christi Village locations in Kansas.

Differentiator

Problem solved

Functional benefit

Brands

• PACE (Program of All-Inclusive Care for the Elderly): A comprehensive care program for older adults age 55+ that provides wrap-around medical and support services enabling participants to remain in their homes. Includes primary care, transportation, therapy, home care, medications, and adult day services.
• Ascension at Home
• Shorelight Memory Support
• Ascension Post-Acute Services Division

Products and services

• Independent Living

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• AscensioncoreStrategic or Co-development PartnerAscension Living is part of Ascension Health Alliance, one of the largest non-profit health systems in the U.S. with 2,600+ sites of care including 151 hospitals. This parent relationship provides referral pathways, integrated healthcare services, and brand credibility across the senior living portfolio.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Brookdale Senior Living: Largest U.S. senior living operator with ~640 communities across 41 states, offering independent living, assisted living, memory care, and skilled nursing. Directly comparable scale and service mix, though for-profit public versus Ascension Living's nonprofit Catholic sponsorship.
• Atria Senior Living: Leading private senior living operator with 250+ communities across the U.S. and Canada, focusing on independent living, assisted living, and memory care. Direct competitor in the multi-state senior living market with overlapping geographic footprint and premium positioning.
• Sunrise Senior Living: Large private senior living provider with communities across the U.S., Canada, and U.K., offering assisted living, memory care, independent living, and short-term stays. Directly comparable service portfolio with strong brand and premium positioning.
• National Church Residences: Largest nonprofit senior housing provider in the U.S., operating CCRCs, assisted living, memory care, and affordable housing across multiple states. Closest nonprofit/faith-based peer with similar mission-driven operating model and continuum-of-care structure.
• Acts Retirement-Life Communities: Large nonprofit CCRC operator with 28+ life plan communities across the eastern U.S. offering independent living, assisted living, skilled nursing, and memory care. Directly comparable CCRC economics and nonprofit structure.
• Five Star Senior Living: Operates independent living, assisted living, memory care, and skilled nursing communities across multiple U.S. states. Public reporting and comparable community-level economics make it a natural comparable for nonprofit Ascension Living's portfolio.
• Presbyterian Senior Living: Faith-based nonprofit operator of CCRCs, assisted living, memory care, and skilled nursing across Pennsylvania, Maryland, and Delaware. Comparable CCRC platform and nonprofit operating ethos to Ascension Living.

Broad incumbents

• Trinity Health: Large Catholic nonprofit health system that operates senior living and post-acute services across the U.S. Direct parallel in faith-based nonprofit healthcare, with overlapping senior services portfolio and similar hospital-to-senior-living referral dynamics.
• Encompass Health: Largest U.S. operator of inpatient rehabilitation hospitals and a major home health provider, serving post-acute patient populations. Comparable in post-acute and rehabilitation services that Ascension Living's rehabilitation and skilled nursing lines deliver.

Emerging players

• BrightSpring Health Services: Public provider of home- and community-based services including hospice, home health, and pharmacy services. Comparable to Ascension Living's PACE and Ascension at Home services portfolio, though not a direct senior housing operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/AscensionSeniorLiving
• LinkedInlinkedin.com/company/ascension-living
• Xx.com/AscensionL01

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries22 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 Ascension Living