The RMR Group of Newton, MA, which provides management services for senior living operator AlerisLife and real estate investment trust Diversified Healthcare Trust, made progress last year toward reaching...
Firms active in long-term care recognized for energy efficiency improvement efforts
By
Lois A. Bowers
Apr 10, 2023
Several companies operating in, investing in or serving senior living and care recently were honored by the federal government for their energy efficiency improvement efforts.
AlerisLife plans $14 million in cost cuts, $4 million in investments
By
Lois A. Bowers
Aug 05, 2022
Newton, MA-based AlerisLife will reduce costs by approximately $14 million and invest approximately $4 million under recommendations made by a consulting firm it hired, to “drive efficiencies and standardize...
Diversified Healthcare Trust senior living portfolio on path to stabilization: CEO
By
Kimberly Bonvissuto
Aug 05, 2022
Diversified Healthcare Trust’s second-quarter results showed continued and encouraging recovery for the senior living portfolio, President and CEO Jennifer Francis said during Thursday’s earnings call.
First-quarter earnings calls continued Wednesday with updates from Aleris Senior Living, CVS Health (parent of Omnicare), Diversified Healthcare Trust and Healthpeak Properties.
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...
Diversified Health Care Trust, AlerisLife report fourth-quarter earnings
By
Kathleen Steele Gaivin
Feb 25, 2022
Real estate investment trust Diversified HealthcareTrust and provider AlerisLife, formerly known as Five Star Senior Living, held their fourth-quarter and year-end 2021 earnings calls on Thursday.
Demographics, changing consumers lead former Five Star, now AlerisLife, to expand into active adult,...
By
Kimberly Bonvissuto
Jan 27, 2022
An aging demographic and changing consumer demand have led one of the country’s largest senior living companies to pivot from its primary role as an owner and operator of independent living, assisted...
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...
Senior living should focus on its strengths for 2022 — making a difference every day: panelists
By
Kimberly Bonvissuto
Jan 13, 2022
After 24 months into the pandemic, it’s safe to say the senior living industry has come to expect the unexpected.