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...
Brookdale, Senior Lifestyle, Life Care Services top J.D. Power 2020 Senior Living Satisfaction Study
By
Lois A. Bowers
Nov 11, 2020
The consumer insights company ranks assisted living/memory care and independent living providers and also shares additional findings about satisfaction in senior living communities based on almost 5,000...
Five Star announcement expected within 60 days, Senior Housing Properties Trust says
By
Lois A. Bowers
Mar 04, 2019
Discussions between Senior Housing Properties Trust and Five Star Senior Living are “actively happening,” and the organizations expect to have an announcement within 60 days about operating and liquidity...
Five Star CEO: Restructuring is ‘permanent solution’
By
Lois A. Bowers
May 09, 2019
The restructuring agreement signed in April with Senior Housing Properties Trust “is a permanent solution” to the financial woes of Five Star Senior Living, President and CEO Katie Potter said Wednesday...
Five Star, Senior Housing Properties Trust announce restructuring deal
By
Lois A. Bowers
Apr 02, 2019
Five Star Senior Living and Senior Housing Properties Trust (SNH) will enter into new management agreements for 261 senior living communities that Five Star leases and operates as part of a restructuring...
3 initiatives will help Five Star improve operations, CEO says
By
Lois A. Bowers
Mar 07, 2019
As Five Star Senior Living executives prioritize finding a long-term solution to the company’s current financial issues, the company also is focused on three initiatives to improve operations in 2019,...
New name, existing programs for Five Star, executives say
By
Lois A. Bowers
Mar 05, 2017
A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.
Senior Housing Properties Trust ‘really happy’ with Five Star moves
By
Lois A. Bowers
Aug 09, 2019
Senior Housing Properties Trust executives said Thursday that they are “really happy and confident” about moves being made at its largest tennant, Five Star Senior Living, under President and CEO Katherine...
Meet Katie Potter, Hall of Honor inductee
By
Lois A. Bowers
Jul 14, 2020
Katherine “Katie” Potter, president and CEO of Five Star Senior Living, is a member of the 2020 McKnight’s Women of Distinction Hall of Honor.