Brookdale is the largest operator of senior living communities in the United States, providing independent living, assisted living, memory care, and continuing care retirement communities to seniors primarily age 75 and older across multiple states. The company generates revenue primarily from monthly resident fees paid privately by seniors and families, along with government reimbursement from Medicare and Medicaid programs, supplemental service charges, and management fees from third-party-owned properties. Brookdale benefits from substantial scale advantages in procurement and operations while serving a large and growing addressable market of aging seniors, with the business model focused on occupancy recovery, pricing optimization, and expansion of integrated healthcare and wellness services.