Brookdale Senior Living, Discovery Senior Living and LCS top the list in Argentum’s newly released 2025 Largest 150 Providers Report. The report features self-reported data from independent living, assisted living, memory care and continuing care retirement / life plan communities.

Brookdale was No. 1 on the overall list of the 150 largest providers for the sixth consecutive year, reporting 53,794 total units in 647 communities as of Dec. 31.

Discovery and LCS took the No. 2 and 3 spots, respectively. Discovery, up from No. 4 last year, reported 33,692 senior living units in 336 communities, and LCS reported 33,174 senior living units in 136 communities, retaining its spot at No. 3.

Rounding out the top five largest providers on the overall list for 2025 were Erickson Senior Living (25,300 units in 22 communities), at No. 4, moving up from the No. 5 last year, and Atria Management Co. (25,045 units in 199 communities) at No. 5, dropping from No. 2 in last year’s rankings. Atria also claimed the No. 5 spot on a separate list of providers with women in leadership roles, recognizing CEO Holly Belter-Chesser for “taking bold steps to innovate service and experience in senior living communities.”

Brookdale and Discovery also topped a separate list of the 30 largest assisted living providers, with Brookdale reporting 29,839 assisted living units and Discovery reporting 13,224 units.

Additionally, Brookdale topped a separate list of the 30 largest memory care providers, with 8,962 memory care units, as well as a separate list of the 50 largest providers according to operational resident capacity, with 56,921 residents. The company also claimed the No. 1 slot on the women in leadership list, with recognition for Denise Warren, interim CEO and chairman, for “providing steady leadership for one of the industry’s largest and most recognized brands.”

LCS topped the report’s list of 30 largest independent living providers, with 23,869 such units, as well as the list of 10 largest CCRC operators, with 66 such communities. 

Atria claimed the most international properties, with 29 in Canada, followed by Sunrise Senior Living, with 15 in Canada. Also on the international list were Merrill Gardens, with three properties in China; Distinctive Living and Belmont Village LP, with one property each in Mexico; and Touchmark, with one property in Canada. 

Although Argentum annually provides this snapshot of the senior living industry, association President and CEO James Balda said that the 2025 report stands out for its depth. 

“It’s not just about who’s the largest; it’s about understanding where the industry is heading, who is leading the way and how providers are adapting to meet growing demand,” he said in a statement. 

The report also spotlighted women deemed to be industry trailblazers, workforce development strategies and technology innovations.

The 2025 Largest Providers Report is available for download on Argentum’s website, along with an Excel file that enables the sorting and analyzing of data for benchmarking and planning. The report was created by Argentum in partnership with commercial real estate finance firm Lument and sponsorship by health technology company PointClickCare.