Deerfield Management Supports Brookdale Senior Living

, /PRNewswire/ -- Deerfield has been a long-term shareholder of Brookdale Senior Living and is one of Brookdale's largest capital partners. Our enthusiasm about Brookdale's future has never been greater and we support the Board's efforts to extend Brookdale's leadership in patient care and financial performance.

We believe demand for Brookdale's services will well outstrip supply in a few short years due to demographics alone. Revitalizing existing communities and executing a growth strategy made possible through rising operating cash flows can allow the company to close the growth and valuation gap with peers. In our view, this can comfortably yield a significantly higher equity value.

Articulating a clear vision and establishing an incentive system to align stakeholders is foundational for the company to reach its potential. We look forward to supporting Brookdale as it brings new talent and energy to the Board and executive team.

About Deerfield Management
Deerfield is an investment management firm committed to advancing healthcare through investment, information, and philanthropy. The Firm works across the healthcare ecosystem to connect people, capital, ideas, and technology in bold, collaborative, and inclusive ways. For more information, please visit www.deerfield.com. 

Contact
Jessica Sagers, PhD, Head of Communications
[email protected]

SOURCE Deerfield Management Company, L.P.