Life Care Services
Life Care Services (LCS) is a Des Moines-based senior living management company operating communities across 30+ U.S. states, providing independent living, assisted living, skilled nursing, and memory care, plus B2B partnership services spanning operations, development, real estate investment, and group purchasing.
- Company typePrivate
- Founded1970
- HeadquartersDes Moines, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Life Care Services does
Life Care Services (LCS) is a Des Moines, Iowa-headquartered senior living management and services company that has operated in the sector for more than 50 years (founded circa 1970-1971). LCS runs a portfolio of senior living communities across more than 30 U.S. states, providing a full care continuum from independent living through assisted living, skilled nursing, and memory care, and including life plan (CCRC) communities added through the May 2026 acquisition of Vi. Its core consumer product, LCS Communities, is supported by lifestyle, wellness, and dining programming and is delivered primarily through partner-operated communities rather than direct ownership of all real estate.
The company's go-to-market is hybrid. On the consumer side, LCS markets directly to seniors and their families through its website-based community finder, content marketing, organic search, and social channels, with personalized guidance offered via a Contact Us workflow. On the B2B side, LCS sells a four-pillar partnership platform to existing operators, developers, and investors: LCS Community Operations (operational management), LCS Senior Living Development (new community build-out), LCS Real Estate Investment (acquisition, financing, and portfolio management), and LCS Group Purchasing (collective procurement). Pricing is not publicly disclosed; senior living industry conventions suggest a mix of contracted management fees, development fees, real estate investment income, and group purchasing economics on the B2B side, and entrance fees plus monthly service fees plus care-level fees on the consumer side.
Revenue is not publicly disclosed. Performance indicators include two-thirds of communities above 90% occupancy and 37% at 95%+ occupancy as of January 2026, multiple J.D. Power, U.S. News & World Report, and USA Today awards in 2025-2026, and a stated 251-500 corporate employee base supporting the network. Ownership and capital structure are not disclosed beyond the completion of the Vi acquisition, which points to material balance-sheet capacity despite no public reporting.
Life Care Services firmographics
Firmographics- Name
- Life Care Services
- Legal name
- Life Care Services
- Website
- https://lifecareservices.com
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Life Care Services (LCS) is a Des Moines-based senior living management company operating communities across 30+ U.S. states, providing independent living, assisted living, skilled nursing, and memory care, plus B2B partnership services spanning operations, development, real estate investment, and group purchasing.
- Ownership category
- akta.pro rank
Life Care Services industry classification
Industry- Product category
- Senior Living Services
- NAICS
- Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Assisted Living Facilities for the Elderly (623312)
- SIC
- Services-Nursing & Personal Care Facilities (8050), Services-Skilled Nursing Care Facilities (8051)
- akta.pro primary industry
- Affordable / Middle-Market CCRCs (HLADAEAJ)
- akta.pro secondary industries
- Care Coordination & Navigation (Multi-Provider) (HLADALAB), Community Resources, Social Services & Transportation Coordination (HLADALAK)
Keywords
Where Life Care Services is headquartered
LocationHeadquarters
- HQ city
- Des Moines
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Life Care Services business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Senior Living Community Operations: LCS provides management and operational services to senior living communities, generating revenue through contracted management fees and operational partnerships. The company also offers development services, real estate investment, and group purchasing programs to its partner communities.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Life Care Services product offering
Product offeringCore offering
Life Care Services (LCS) operates a national network of senior living communities providing independent living, assisted living, skilled nursing, and memory care services. The company also partners with existing senior living operators through four business service lines: community operations management, senior living development, group purchasing, and real estate investment.
Product overview
LCS (Life Care Services) operates a platform-based senior living network comprising multiple integrated service lines. The core offering is LCS Communities, a network of senior living communities providing independent living, assisted living, skilled nursing, and memory care. The company offers four distinct business partnership services: LCS Community Operations (operational management), LCS Senior Living Development (new community development), LCS Group Purchasing (collective purchasing benefits), and LCS Real Estate Investment (property investment services). The portfolio was expanded through the May 2026 acquisition of Vi Senior Living, adding upscale life plan communities to the network. The platform serves both individual seniors seeking housing and business partners (operators, developers, investors) in the senior living industry.
Differentiator
Problem solved
Functional benefit
Products and services
- LCS Communities
- LCS Community Operations
- LCS Senior Living Development
- LCS Group Purchasing
- LCS Real Estate Investment
- Vi Senior Living
Quantifiable outcome
- Two-thirds of communities maintaining above 90% occupancy rates
- +1 more outcomes
Companies that use Life Care Services
Customer profileSegments2 records
Ideal customer profiles2 records
Life Care Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Life Care Services partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Vi LivingcoreLCS announced the successful close of the Vi acquisition in May 2026. This acquisition brings together two of the strongest and most successful senior living providers. The partnership combines LCS's operational expertise with Vi's portfolio of senior living communities.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Life Care Services competitors and assessment
Company assessmentDirect peers
- Discovery Senior Living: Senior living operator managing independent living, assisted living, and memory care communities across the U.S. Comparable to LCS as a multi-state operator with a partnership/management orientation.
- Five Star Senior Living: Senior living management and operating company serving independent living, assisted living, and memory care communities. Closely comparable to LCS's Community Operations business line as a third-party operator.
- Erickson Senior Living: Operator of large continuing care retirement communities (CCRCs) across multiple U.S. states. Comparable to LCS in its CCRC/life plan community model and continuum-of-care positioning.
- Atria Senior Living: Major U.S. senior living operator providing independent living, assisted living, and memory care across 200+ communities. Comparable to LCS in continuum-of-care model and geographic footprint.
- Belmont Village Senior Living: Developer, owner, and operator of senior living communities offering independent living, assisted living, and memory care. Comparable to LCS in combining development, ownership, and operations under one platform.
- Sunrise Senior Living: Established senior living provider with assisted living, memory care, and independent living services, primarily in the U.S. and U.K. Comparable to LCS in operating assisted living and memory care at scale with a premium service orientation.
- Brookdale Senior Living: The largest U.S. senior living operator, offering independent living, assisted living, and memory care communities nationwide. Closely comparable to LCS as a multi-state, multi-service senior living platform, though publicly traded and larger in scale.
- Sonida Senior Living: Senior living operator with independent living, assisted living, and memory care communities across multiple states. Comparable to LCS in continuum-of-care offering and multi-state footprint, though smaller in scale.
Broad incumbents
- Welltower: Healthcare REIT that owns senior housing, post-acute, and outpatient medical properties and partners with operators like LCS. Comparable to LCS's Real Estate Investment line as a senior housing capital provider and operator ecosystem partner.
- Ventas: Healthcare REIT with a large senior housing operating portfolio alongside medical office and research properties. Comparable to LCS as a senior housing capital and operating partner, though broader in scope as a REIT.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Life Care Services social profiles
Digital presenceLife Care Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Life Care Services leadership team
Management profileNumber of profiles
Profiles1 record
Life Care Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Life Care Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Life Care Services
What does Life Care Services do?
Life Care Services (LCS) operates a national network of senior living communities providing independent living, assisted living, skilled nursing, and memory care services. The company also partners with existing senior living operators through four business service lines: community operations management, senior living development, group purchasing, and real estate investment.
Is Life Care Services a public or private company?
Life Care Services is a private company. It is classified as unknown and is currently operating.
When was Life Care Services founded?
Life Care Services was founded in 1970. It employs 251 to 500 people.
Where is Life Care Services based?
Life Care Services is headquartered in Des Moines, United States, in the North America region.
How does Life Care Services make money?
One revenue line is on record: senior Living Community Operations.
Who are Life Care Services's main competitors?
Direct peers on record are Discovery Senior Living, Five Star Senior Living, Erickson Senior Living, Atria Senior Living, Belmont Village Senior Living, Sunrise Senior Living, Brookdale Senior Living and Sonida Senior Living. Broad incumbents are Welltower and Ventas.
Does Life Care Services have an API?
No public API is recorded for Life Care Services.
What industry is Life Care Services in?
Life Care Services's product category is Senior Living Services. Its primary akta.pro industry code is HLADAEAJ, Affordable / Middle-Market CCRCs, with a secondary code of HLADALAB, Care Coordination & Navigation (Multi-Provider). Its NAICS code is 6233 and its SIC code is 8050.