Loretto

What Loretto does

Loretto is a not-for-profit continuing healthcare organization founded in 1926 and headquartered in Syracuse, New York, delivering person-centered eldercare across Central New York. The organization operates a continuum-of-care platform spanning independent living, assisted living, skilled nursing, short-term rehabilitation, memory care, community programs, and home-based care through its PACE CNY (Program of All-inclusive Care for the Elderly) program, executed via 19 specialized programs across 19 locations in the Syracuse and Auburn areas. Its service infrastructure includes dedicated facilities such as Loretto Health & Rehabilitation, The Nottingham, The Bernardine, Buckley Landing, Sedgwick Heights, The Heritage Memory Life Community, The Commons on St. Anthony, and Community Residences, supported by The Loretto Foundation for fundraising and advocacy.

The business model is predominantly a recurring healthcare services revenue model. Loretto is paid through a mix of Medicaid, Medicare, private pay, and commercial insurance for clinical and residential services, supplemented by philanthropic contributions through The Loretto Foundation. Distribution is direct-to-consumer via on-site admissions, community events, senior fairs, referral networks (including the VA), and educational programming. Loretto also operates paid workforce training pipelines (CNA, CHHA, LPN apprenticeship) that serve both as talent acquisition and as a community workforce development asset.

Strategically, Loretto's differentiators are its near-century regional brand presence, its regulatory exclusivity as one of only 73 PACE providers in the nation (and the only PACE operator in Onondaga County since 1997, in cooperation with St. Joseph's Hospital Health Center), and its integrated continuum-of-care ecosystem that allows residents to transition across care levels without changing providers. The organization is approaching its centennial in 2026 with the Mission in Motion capital campaign. Headcount stands at 2,500+ dedicated employees, and Loretto Management Corporation serves as the sole not-for-profit parent entity governing all operating subsidiaries under New York state law.

Name

Loretto

Legal name

Loretto Management Corporation

Website

https://lorettocny.org

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Loretto is a not-for-profit, Central New York eldercare organization operating 19 specialized programs across 19 Syracuse- and Auburn-area locations, delivering a continuum of care from independent living through skilled nursing, memory care, and home-based PACE services to elderly residents and their families.

Ownership category

akta.pro rank

Product category

Senior Living and Eldercare Services

NAICS

Nursing Care Facilities (Skilled Nursing Facilities) (62311), Assisted Living Facilities for the Elderly (623312), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Skilled Nursing Care Facilities (8051), Services-Nursing & Personal Care Facilities (8050), Services-Home Health Care Services (8082), Services-Social Services (8300)

akta.pro primary industry

Home & Community-Based Services (HCBS) Coordination & Case Management (HSABAIAM)

akta.pro secondary industries

Benefits, Insurance & Entitlement Navigation (Medicare/Medicaid/VA/LTC) (HSABAIAG), Behavioral Health & Cognitive Support Coordination (Dementia, Depression, SUD) (HSABAIAF), Community-Based Senior Centers with Adult Day Services (HLADAIAJ)

Keywords

• Senior living services
• Skilled nursing care
• Memory care programs
• Assisted living facilities
• Continuing care retirement

Headquarters

HQ city

Syracuse

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Healthcare Services Revenue: Revenue generated from providing comprehensive eldercare services including skilled nursing, assisted living, independent living, memory care, and short-term rehabilitation. Services are paid through Medicaid, Medicare, private pay, and commercial insurance.
2. PACE CNY Program Revenue: All-inclusive care program revenue for elderly participants who would qualify for nursing home care, providing primary care, social work, dietitians, home care services, day health centers, and 24/7 on-call coverage
3. Loretto Foundation Donations: Philanthropic contributions through The Loretto Foundation supporting Loretto's role as innovator in long-term care and advocacy for older adults

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Loretto is a comprehensive continuing healthcare organization operating 19 specialized programs across 19 locations in Central New York, providing a full continuum of eldercare services. Offerings include independent living, assisted living, skilled nursing, short-term rehabilitation, memory care, and the PACE CNY home-based care program, serving seniors and their families with person-first, affordable care since 1926.

Product overview

Loretto is a comprehensive continuing healthcare organization delivering person-first, affordable eldercare in Central New York through its network of 19 specialized programs and 19 locations. The organization operates a platform-plus-modules model consisting of multiple care settings including skilled nursing facilities (Loretto Health & Rehabilitation, The Commons on St. Anthony, The Nottingham), assisted living communities (The Bernardine, Buckley Landing), memory care (The Heritage Memory Life Community), independent living (Sedgwick Heights, The Nottingham), adult day services (Daybreak), and home-based care (PACE CNY). These residential and community-based services are supported by workforce training programs and connected through The Loretto Foundation nonprofit arm for fundraising and community advocacy.

Differentiator

Problem solved

Functional benefit

Brands

• PACE CNY: Program of All-inclusive Care for the Elderly, providing comprehensive care and services to individuals who would otherwise qualify for nursing home care, operating since 1997 in cooperation with St. Joseph's Hospital Health Center.

Products and services

• Loretto Health & Rehabilitation

Named customers4 records

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core, supporting and minor.

• St. Joseph's Hospital Health CentercoreStrategic or Co-development Partner · 1 January 1997Cooperation with St. Joseph's Hospital Health Center for PACE CNY (Program of All-inclusive Care for the Elderly), operating since 1997. PACE CNY is one of only 73 PACE providers in the nation, providing comprehensive care for individuals who would otherwise qualify for nursing home care.
• Caring TransitionssupportingStrategic or Co-development PartnerPartnership with Caring Transitions and The National Association of Specialty & Senior Move Managers to provide free guide for senior rightsizing and relocation, helping families navigate moving to Loretto communities.
• Center for Aging Resources & Enrichment (CARE)supportingStrategic or Co-development PartnerPartnership with CARE for fall prevention educational programs presented by Occupational Therapists, providing strengthening exercises, informational handouts, evidence-based presentations, and individualized recommendations.
• Le Moyne CollegesupportingStrategic or Co-development PartnerEducational partnership with Le Moyne College Master of Science in Occupational Therapy Program for fall prevention series and community-based health programs. Le Moyne instills Jesuit ideals of Cura Personalis (caring for the whole person).
• Local Veterans Association (VA)supportingStrategic or Co-development PartnerVeterans Association helps connect veterans with Loretto's senior living communities like The Bernardine, providing healthcare management and support referrals for veteran residents.
• Local Colleges, Universities, and Art CenterssupportingStrategic or Co-development PartnerPartnership with local colleges, universities, and art centers to provide educational programming, classes, lectures, and activities for senior living residents at The Nottingham.
• American Heart AssociationminorStrategic or Co-development PartnerLoretto participates in Syracuse Go Red for Women event supporting cardiovascular health awareness and women's heart health initiatives.
• Senior Home Care & Alzheimer's SolutionssupportingStrategic or Co-development PartnerPartnership for Living With Dementia Conference providing local resources and supports for professional and family caregivers in greater Upstate New York area.
• Dementia Training SolutionssupportingStrategic or Co-development PartnerCo-presenter for Living With Dementia 2023 Conference offering local dementia care resources and training for professional and family caregivers.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Regional players

• St. Joseph's Hospital Health Center: Regional hospital system and Loretto's PACE CNY cooperative partner since 1997. Comparable as a Syracuse-area healthcare provider serving overlapping elderly populations, though primarily acute-care focused rather than long-term care.

Broad incumbents

• Trinity Health: Large Catholic non-profit health system operating senior living, home health, and PACE programs nationally. Comparable continuum-of-care model and non-profit structure, though significantly larger and geographically diversified versus Loretto's Central NY focus.
• Brookdale Senior Living: Largest U.S. operator of senior living communities including independent living, assisted living, and memory care. Comparable across Loretto's senior living service lines, though national footprint and primarily for-profit.
• Sunrise Senior Living: National senior living operator with strong assisted living and memory care focus. Comparable in assisted living and memory care service delivery, though serving higher-acuity private-pay markets nationally.
• Atria Senior Living: National senior living operator focused on independent living, assisted living, and memory care. Comparable in assisted living and memory care programming to Loretto's The Bernardine, Buckley Landing, and The Heritage.

Direct peers

• The Ensign Group: Leading operator of skilled nursing facilities and senior living communities across the United States. Directly comparable in skilled nursing, assisted living, and rehabilitation service lines, though organized as a for-profit portfolio of independent operations.
• Genesis Healthcare: Major skilled nursing facility operator with rehabilitation and assisted living services. Directly comparable to Loretto's SNF and short-term rehabilitation programs, though with national scale and for-profit structure.
• Amedisys: Major home health and hospice provider. Directly comparable to Loretto's PACE CNY home-based care services and personal care delivery model, though with broader national reach.
• National HealthCare Corporation: Operator of skilled nursing facilities, assisted living, and home health programs with a particular concentration in the Southeast. Comparable continuum-of-care model and payer mix to Loretto, though for-profit and geographically distinct.
• LHC Group: Home health, hospice, and palliative care provider serving elderly populations. Comparable to PACE CNY's home-based service delivery model, with similar Medicare reimbursement dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/lorettocny

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries12 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 Loretto