AlerisLife looks to expand business lines in new year: CEO
By
Kimberly Bonvissuto
Feb 25, 2022
Ringing in the new year with a new name, AlerisLife marked the fourth quarter of 2021 and first quarter of 2022 with new collaborations and partnerships that executives said were aimed at enhancing the...
Pandemic shifted strategy, but Five Star, Diversified say they remain on growth path
By
Kimberly Bonvissuto
Feb 26, 2021
The COVID-19 pandemic caused a shift in strategy for Five Star Senior Living and Diversified Healthcare Trust, but company executives said Thursday during fourth-quarter earnings calls that they remain...
Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic
By
Kimberly Bonvissuto
Nov 06, 2020
Expense pressures on the senior living industry due to the COVID-19 pandemic are expected to persist in the near term, creating operational headwinds, but a slow and steady response to the crisis will...
Five Star closes 1,473 SNF units, Diversified moves 50 percent of its portfolio to new operators
By
Kimberly Bonvissuto
Aug 06, 2021
Five Star Senior Living closed 1,473 skilled nursing facility units and a corresponding 27 Ageility inpatient clinics in the second quarter, continuing to carry out a plan first announced in April, executives...
Diversified, Five Star: COVID-19 creating ‘extremely challenging operating environment’ for senior...
By
Kimberly Bonvissuto
Aug 07, 2020
The COVID-19 pandemic has increased uncertainty and disruption in both the overall economy and the commercial real estate industry and has had a “profound” effect on business, resulting in an “extremely...
AlerisLife, DHC: Operational review expected to stabilize senior living portfolio
By
Kimberly Bonvissuto
May 05, 2022
Reporting a first-quarter net loss of $9.7 million, AlerisLife executives said Wednesday that they have a short-term focus on stabilizing the company’s senior living portfolio by standardizing processes...
Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.
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...
People in the news, Dec. 15
By
Kimberly Bonvissuto
Dec 15, 2020
Appointments, promotions and news at American Health Care Association/National Center for Assisted Living, Bowman Place at Olde Bedford, Bridges by EPOCH at Hingham, Commonwealth Senior Living, Five Star...
Restructuring drives efficiencies, occupancy gains in third quarter, AlerisLife CEO says
By
Kimberly Bonvissuto
Nov 04, 2022
Continuing progress on a restructuring plan to make the company more efficient resulted in occupancy gains that were the largest in recent years in the third quarter, AlerisLife President and CEO Jeff...