Maine Veterans’ Home

What Maine Veterans’ Home does

Maine Veterans' Homes (MVH) is a 501(c)(3) independent nonprofit organization established by the Maine Legislature in 1977 to deliver long-term care, skilled nursing, rehabilitation, residential/assisted living, memory care, and respite services to honorably discharged Maine veterans, their spouses, widows/widowers, and Gold Star parents. The organization operates six purpose-built care homes across the state — Augusta (138 beds, featuring a Small House Model design with 12-person households), Bangor (150 beds), Caribou (70 beds, on the Cary Medical Center campus), Machias (30 beds, on the Down East Community Hospital campus), Scarborough (150 beds), and South Paris (90 beds) — serving approximately 600 residents collectively with 24-hour RN coverage, individualized care plans, and on-site therapy services. Federal law caps non-veteran residents at 25% of any home's census, and the 70%+ service-connected disability population qualifies for VA-funded skilled care, creating a statutorily protected service niche.

Revenue is generated through a blended payor model: VA Benefits, Medicare A (100% coverage days 1-20 of skilled nursing; 80% days 21-100), MaineCare (state Medicaid) for long-term and residential care, long-term care insurance reimbursement, and private pay, supplemented by philanthropic donations to the 501(c)(3). MVH also operates MVH Pharmacies, a wholly-owned subsidiary established in 2010 that provides 24/7 long-term care pharmacy services, clinical consulting, and same-day medication delivery to both internal residents and external long-term care communities across Maine. The organization is governed by a Governor-appointed Board of Trustees dominated by veterans, with ex-officio representation from the Maine Bureau of Veterans Services, and is recognized in the top 5% of U.S. nursing homes on quality measures, with its Scarborough home being the first in Maine to earn the American Health Care Association's National Gold Award for Excellence in Quality. An in-house CNA "Earn While You Learn" certification program across four locations and academic affiliations with four colleges of pharmacy support workforce and clinical pipeline development.

Name

Maine Veterans’ Home

Legal name

Maine Veterans' Homes

Website

https://mainevets.org

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

251–500 employees

Short description

Maine Veterans' Homes is a Maine Legislature-created 501(c)(3) nonprofit operating six skilled nursing, rehabilitation, memory care, and assisted living homes across Maine for veterans, their spouses, and Gold Star parents, supplemented by a wholly-owned long-term care pharmacy subsidiary.

Ownership category

akta.pro rank

Product category

Veterans Long-term Care

NAICS

Nursing Care Facilities (Skilled Nursing Facilities) (62311), Assisted Living Facilities for the Elderly (623312), Nursing and Residential Care Facilities (623)

SIC

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

akta.pro primary industry

Long-Term Care Nursing Homes (Custodial LTC) (HLADADAB)

akta.pro secondary industries

Faith-Based / Nonprofit Assisted Living Providers (HLADABAH), Dementia & Alzheimer’s Respite Care (HSABAGAF)

Keywords

• Skilled nursing care
• Long-term care services
• Veterans healthcare
• Assisted living facilities
• Memory care services

Headquarters

HQ city

Augusta

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Government Benefits (VA Benefits, Medicare, MaineCare): MVH receives payment through VA Benefits for eligible veterans, Medicare A for skilled nursing rehabilitation (covering days 1-20 at 100%, days 21-100 at 80%), MaineCare for long-term care and residential care, and VA coverage for 70% or greater eligible veterans for skilled services.
2. Long-term Care Insurance Reimbursement: Residents with long-term care insurance policies receive reimbursement directly from their insurance company; MVH provides all necessary documentation to ensure policyholders are reimbursed.
3. Private Pay: Self-pay residents fund their own care including respite stays, private rooms, and services not covered by government or insurance programs.
4. Donations and Philanthropy: MVH receives charitable donations from individuals and organizations to enhance quality of life for residents through funds for activities, equipment, and facility projects. The organization is a 501(c)(3) charitable organization.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Maine Veterans' Homes provides a full continuum of senior care services for Maine's veterans and eligible family members, including skilled nursing and rehabilitation, long-term care, residential/assisted living, memory care, and respite care, delivered across six physical residential homes in Maine. The organization also operates MVH Pharmacies, a long-term care pharmacy serving nursing homes and residents throughout Maine with 24/7 delivery and clinical consulting. Approximately 600 veterans, spouses, widows/widowers, and Gold Star parents are served across the network, which is funded through VA benefits, Medicare, MaineCare, long-term care insurance, private pay, and charitable donations.

Product overview

Maine Veterans' Homes operates as a network of six senior living and healthcare facilities across Maine (Augusta, Bangor, Caribou, Machias, Scarborough, and South Paris), offering a full continuum of care including skilled nursing and rehabilitation, long-term care, residential/assisted living, memory care, and respite services. The organization also provides specialized pharmacy services through MVH Pharmacies, serving long-term care communities throughout Maine with 24/7 delivery and clinical consulting. The portfolio includes facilities ranging from 30 to 150 beds, with the Augusta location featuring an innovative Small House Model design. Maine Veterans' Homes serves approximately 600 veterans, their spouses, and Gold Star parents as an independent nonprofit organization separate from the VA.

Differentiator

Problem solved

Functional benefit

Brands

• MVH Pharmacies: Long-term care pharmacy services serving nursing homes and residents throughout Maine

Products and services

• Skilled Nursing and Rehabilitation Services Short-term skilled nursing and therapy admissions providing physical, occupational, speech, and respiratory therapy services to help patients recover and return home after illness or surgery, available across MVH's six Maine homes.
• Long-Term Care 24-hour supportive and loving care in an environment that stresses dignity and individuality, with award-winning customized care programs developed for each resident's individual needs, offered across MVH's six Maine homes.
• Residential Care / Assisted Living Support for the highest level of independence and dignity in a homelike and supportive environment with therapeutic and engaging activities, available across multiple MVH locations.
• Memory Care / Dementia Care Specialized supportive memory care for Veterans throughout their varying stages of dementia in a secure environment, with security, medication assistance, and social interaction services.
• Respite Care Services Short-term relief care for caregivers, providing up to 30 days of care for loved ones while caregivers visit relatives, take time for themselves, or receive medical care.
• MVH Pharmacies Long-Term Care Pharmacy Services Long-term care pharmacy services serving nursing homes and residents across Maine, offering 24/7 delivery, expert clinical consulting, staff training, survey preparation support, and billing assistance. Operated by a staff of twenty professionals including pharmacists, certified pharmacy technicians, and billing professionals.
• CNA Certification Program Earn While You Learn program offered at Augusta, Bangor, Scarborough, and South Paris locations, allowing individuals to begin working with Veterans while earning CNA certification with classes taking place at the Home.

Quantifiable outcome

• Top 5% national ranking in nursing home quality measures
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Four Nationally Recognized Colleges of Pharmacy (Unnamed)minorStrategic or Co-development PartnerMVH Pharmacies holds academic affiliation with four nationally recognized colleges of pharmacy for educational and training purposes. This affiliation supports clinical training and education for pharmacy students.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• The Ensign Group: The Ensign Group operates skilled nursing, assisted living, and rehabilitation facilities across the U.S. It is directly comparable to MVH as a multi-site SNF and senior care operator with an emphasis on quality outcomes and operational best practices.
• National HealthCare Corporation: NHC operates a network of skilled nursing, assisted living, and home health facilities primarily in the southeastern U.S. It is directly comparable to MVH as a multi-site operator of skilled nursing and assisted living facilities serving a defined resident base.
• Genesis HealthCare: Genesis HealthCare operates skilled nursing facilities and senior living communities across the U.S. It is directly comparable to MVH as a large-scale operator of skilled nursing, rehabilitation, and assisted living services with similar payer mix dependencies (Medicare/Medicaid).
• BrightSpring Health Services (PharMerica): PharMerica, a subsidiary of BrightSpring Health Services, is a leading long-term care pharmacy serving skilled nursing, assisted living, and behavioral health facilities. It is directly comparable to MVH Pharmacies as a provider of LTC pharmacy services with consulting and 24/7 delivery capabilities.

Broad incumbents

• Sunrise Senior Living: Sunrise Senior Living operates assisted living and memory care communities across the U.S., Canada, and the U.K. It is comparable to MVH in providing assisted living and memory care services, though Sunrise serves a broader private-pay senior market rather than veterans.
• CVS Health (Omnicare): Omnicare, part of CVS Health, is one of the largest long-term care pharmacy providers in the U.S. It is comparable to MVH Pharmacies as a LTC pharmacy operator, though at vastly larger scale and as part of a vertically integrated healthcare conglomerate.
• Brookdale Senior Living: Brookdale is the largest U.S. operator of senior living communities, including assisted living, independent living, and memory care. It is a broad incumbent comparable to MVH in assisted living and memory care service delivery, though at much larger national scale and as a for-profit public company.
• Five Star Senior Living: Five Star Senior Living operates senior living communities including independent living, assisted living, and memory care across the U.S. It is comparable to MVH's residential care and assisted living services, though Five Star is a for-profit operator serving a private-pay clientele.

Others

• LTC Properties: LTC Properties is a healthcare REIT that invests in senior living and skilled nursing facilities, including through triple-net lease structures. It is an ecosystem participant comparable to MVH as a real estate capital partner for senior care operators, though LTC operates as a landlord rather than a care provider.
• Veterans Health Administration: The Veterans Health Administration operates the federal VA medical system, including Community Living Centers that provide nursing home care to veterans. It is comparable to MVH in serving the veteran long-term care population, though as a federal agency operating a national system rather than a state-level nonprofit provider.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MaineVeteransHomes
• LinkedInlinkedin.com/company/maine-veterans%E2%80%8B-homes
• Instagraminstagram.com/maineveteranshomes
• Xx.com/MaineVets

Revenue estimate

Valuation estimate

Number of profiles

Profiles25 records

Subsidiaries1 record

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 Maine Veterans’ Home