Home Health Business Quarterly

Assisted Living Update

Sunrise Assisted joins NYSE

Sunrise Assisted Living Inc. of McLean, VA, began trading May 23 on the New York Stock Exchange. Sunrise was previously listed on the Nasdaq National Market. "We believe the move will increase our exposure to a wider investor base, improve trading efficiencies in our shares, and promote our status as a leading company in the long-term care industry," said Paul Klaassen, Sunrise founder, chairman, and CEO. The company has 199 communities in operation or under construction in 25 states and three countries, employs over 10,000 people, and has a resident capacity of more than 13,500.