A Privately-Held, Family-Owned Enterprise
Unlike a publicly traded company where ownership is distributed among shareholders, American Senior Communities (ASC) is a privately-held entity. It is owned and controlled by the Jackson family, an Indiana-based family with deep roots in the state's healthcare landscape. This private ownership structure means that the company is not listed on a stock exchange, and the strategic direction is guided by the family's long-term vision rather than short-term market pressures. Public records from as far back as 2015 confirm the Jackson family's deep involvement in the ownership, with second-generation family members at the helm, and this has been further corroborated by recent corporate communications. This long-standing, family-focused ownership model is often cited as a reason for the company's commitment to its local communities.
The Role of Corporate Leadership
While the Jackson family holds the ownership, the daily operations and strategic management of American Senior Communities are the responsibility of a professional corporate leadership team. This distinction is important for understanding the company's structure and decision-making process. The executive team implements the overall mission and vision while managing the company's extensive network of facilities.
Meet the Key Executives
- Chief Executive Officer (CEO): Steve Van Camp was appointed CEO in June 2023, succeeding Donna Kelsey, who transitioned to a senior advisor role. With over 30 years of experience in operations and finance, Van Camp is tasked with driving strategic plans and maintaining high levels of quality care and customer satisfaction.
- Chief Operating Officer (COO): Andy Shane oversees the day-to-day operations and strategic direction for ASC's network of communities.
- Chief Financial Officer (CFO): Mark Dice, a Certified Public Accountant, stepped into the CFO role in 2023, bringing over 25 years of financial experience in the long-term care sector.
A History Rooted in Indiana
American Senior Communities was established around the year 2000 and has a history tied closely to Indiana. Its growth from a handful of locations to over 100 communities and thousands of employees demonstrates a consistent commitment to serving the region's senior population. This Indiana-owned and operated identity is a core part of its mission, which is centered around the concept of 'Hoosier hospitality'. The company has built a reputation for providing a diverse range of care options tailored to the needs of local residents.
A Comprehensive Range of Care Options
ASC operates numerous communities offering a variety of care services. This comprehensive approach allows the company to meet the evolving needs of its residents as they age. The facilities often include a blend of living and care styles, such as:
- Independent Living: For seniors who can live autonomously but desire a community setting with amenities.
- Assisted Living: Providing help with daily activities like dressing, bathing, and medication management.
- Memory Care: Specialized units designed to support residents with Alzheimer's and other forms of dementia.
- Skilled Nursing: 24/7 medical and rehabilitative care for residents with more complex health needs.
- Rehabilitation: Inpatient and outpatient therapy services to help residents recover from illness, injury, or surgery.
Distinguishing Management from Ownership
It is common in business for ownership and management to be separate entities. In the case of American Senior Communities, the Jackson family provides the overarching ownership and long-term vision, while the corporate leadership team, including the CEO, is responsible for executing that vision through daily operations. This model ensures that the company benefits from both the long-term, legacy-focused perspective of the family owners and the professional, day-to-day expertise of a seasoned executive team. This separation allows for stable, informed governance while maintaining focused operational efficiency.
Ownership vs. Management: A Comparison Table
| Feature | Ownership (Jackson Family) | Management (Corporate Team) |
|---|---|---|
| Core Role | Providing capital, setting long-term vision, and ensuring company values are upheld. | Executing the vision, managing daily operations, and ensuring regulatory compliance. |
| Key Responsibilities | Financial stewardship, approval of major strategic direction and capital expenditures. | Oversight of facility operations, clinical quality, staff recruitment, and customer satisfaction. |
| Public Visibility | Generally private and not the public face of the company. | Highly visible, representing the company to the public, media, and regulatory bodies. |
| Focus | Long-term legacy, asset protection, and overall financial health. | Short- to medium-term operational goals, implementing strategic initiatives, and driving performance. |
| Example | The ultimate decision-makers on major company acquisitions or expansions. | Developing and implementing specific quality improvement programs at facilities. |
Commitment to the Indiana Community
As a company founded and operated in Indiana, ASC emphasizes its connection to the state's communities. This regional focus means that its business strategy, community outreach, and brand identity are all closely tied to the specific needs and values of Hoosiers. The company frequently engages in local events and partnerships, and its communications often highlight its Indiana roots and commitment to the local population. A prime example of their recent focus on recovery and workforce initiatives was discussed in a 2023 interview with CEO Steve Van Camp on Skilled Nursing News. For more insights into the challenges and opportunities facing the skilled nursing sector, interested readers can reference this interview: ‘Road to Recovery’: ASC’s New CEO Steve Van Camp on Occupancy, Workforce, Diversification.
Conclusion
In summary, American Senior Communities is owned by the private Jackson family of Indiana, who maintain a strategic, long-term focus on the company's direction. The day-to-day operations, on the other hand, are handled by a professional corporate leadership team, led by CEO Steve Van Camp. This dual structure of private family ownership and professional management allows the company to operate efficiently while staying true to its long-held values and deep ties to the local communities it serves. For those seeking senior care options, understanding this structure provides valuable context about the company's stability, mission, and leadership.
