Five Star evaluates skilled nursing business to address revenue, occupancy challenges
By
Lois A. Bowers
Aug 10, 2018
Five Star Senior Living is evaluating all of the skilled nursing units within its continuing care retirement communities to determine whether the space might be more profitable if used differently, President...
Five Star responds to Senior Star offer
By
Lois A. Bowers
Dec 21, 2015
Five Star Quality Care remains uninterested in Senior Star’s $325 million bid for 33 of its properties, the company said in a Dec. 21 letter.
First 3 senior living communities earn J.D. Power certification
By
Lois A. Bowers
Feb 21, 2019
The first three senior living communities to earn J.D. Power’s Senior Living Community Certification have been announced.
AlerisLife names interim CEO to replace Katie Potter, begins operational review
By
Lois A. Bowers
May 02, 2022
AlerisLife (formerly Five Star Senior Living) announced Monday morning that Katie Potter has resigned as president and CEO and that Chief Financial Officer Jeff Leer has been appointed to succeed her on...
Memory care ‘fiercest’ area of competition for Five Star, CEO says
By
Lois A. Bowers
Mar 22, 2018
Memory care has been the “fiercest” area of competition in private-pay senior living over the past year, Five Star Senior Living President and CEO Bruce Mackey said Wednesday during a fourth...
Five Star Senior Living rebrands as AlerisLife, plans to diversify offerings
By
Lois A. Bowers
Jan 26, 2022
Newton, MA-based Five Star Senior Living has changed its name to AlerisLife Inc. effective immediately, the company announced this morning along with plans to expand its offerings to include active adult...
‘No longer doubt’ about Five Star’s future as company reports first quarterly profit since 2013,...
By
Lois A. Bowers
Aug 08, 2019
Five Star Senior Living reported its first quarterly profit in six full years, realizing a net income of $4.2 million for the second quarter of 2019, President and CEO Katherine “Katie” Potter said...
AlerisLife names Jeff Leer president and CEO, plans cost cuts, reorganization
By
Lois A. Bowers
Jun 28, 2022
Jeff Leer has been appointed president and CEO of Newton, MA-based AlerisLife, a position he has held on an interim basis since former President and CEO Katie Potter resigned April 30.
Five Star to exit skilled nursing, management of 108 senior living communities as focus shifts to larger...
By
Lois A. Bowers
Apr 09, 2021
A new strategic plan will see Five Star Senior Living exiting the skilled nursing business completely, and the management of 108 communities transitioning to other operators, as the company shifts its...
Five Star takes steps to mitigate effects of memory care occupancy challenges
By
Lois A. Bowers
May 16, 2018
Five Star Senior Living is taking several steps to manage revenue in light of continuing occupancy challenges from new competitors on the private-pay side of its business, especially in memory care, executives...