UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.
Updated: AlerisLife faces possible stock market delisting
By
Lois A. Bowers
Nov 10, 2022
AlerisLife faces possible delisting by Nasdaq because the bid price for shares of the company’s common stock has closed at less than $1 for the past 30 consecutive business days, the company said in...
Diversified Healthcare Trust, Office Properties Income Trust call off merger
By
Lois A. Bowers
Sep 01, 2023
Diversified Healthcare Trust and Office Properties Income Trust have called off their planned merger, the companies announced late Friday.
Five Star CEO says expansions, acquisitions on to-do list
By
Lois A. Bowers
Mar 02, 2016
The day after Five Star Quality Care received a critical letter from two investors, President and CEO Bruce Mackey told those listening to an earnings call that the interests of the company’s board...
Female senior living executives deliver insights from the C-suite
By
Kimberly Bonvissuto
Sep 15, 2021
PHOENIX—The pandemic challenged the senior living industry to a degree not experienced before. But it also will lead to a better understanding of what senior living is, and a greater appreciation for...
‘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...
Five Star earnings fail to meet expectations, Diversified succeeds
By
Amy Novotney
Mar 03, 2020
As a result of the sale of 18 skilled nursing facilities during the second and third quarters of 2019, Five Star Senior Living announced that its senior living revenue for the fourth quarter of 2019 decreased...
Five Star becomes first organization to start new J.D. Power Senior Living Community Certification process
By
Lois A. Bowers
Jul 24, 2018
Five Star Senior Living has become the first organization to commit to a new community certification program that one industry expert says could “take the industry to its next level.”
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.
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.