Healthcare >> CEO Interviews >> August 9, 1999

William F. Lasky – Alterra Healthcare Corporation (ali)

WILLIAM F. LASKY founded Alterra Healthcare Corporation in 1981 and presently serves as President and Chief Executive Officer. The Company is the nation's largest provider of assisted living healthcare services and the largest operator of free-standing Alzheimer and other related dementia residences. At the close of the first quarter of 1999, the Company operated or managed 369 assisted living residences with a total resident capacity of 15,841 and had a 7,042 resident capacity under construction or development for a total identified capacity of 22,883. Under Mr. Lasky's leadership, Alterra has been recognized throughout the assisted living industry as a pioneer and innovator, bringing new and important approaches to residence design, staffing, resident care and programming. Mr. Lasky is widely recognized for his expertise in the developing, marketing, financing, managing and resident programming of assisted living projects and is a frequent speaker at national health care conferences. He is the immediate past chairman of the Board of Directors of the Assisted Living Federation of America (ALFA), the nation's primary trade organization for assisted living. Mr. Lasky is also a member of ALFA's Board of Directors, Executive Committee, and International Assisted Living Foundation Board. Prior to founding Alterra Healthcare Corporation in 1981, Mr. Lasky held management positions in two national nursing home companies, and has served as an administrator in a number of long term care settings. Profile
TWST: Can you give us a kind of brief overview and a little history of

Alterra Healthcare to set the stage for the readers?

Mr. Lasky: I started the company in the early 1980s with a small