Melinda Skirvin, vice president – chief wellness officer – clinical at Five Star Senior Living in Newton, MA, is a Hall of Honor inductee in the 2024 McKnight’s Women of Distinction awards...
Life Care Services captures top scores in J.D. Power’s 2023 Senior Living Satisfaction Study
By
Kimberly Bonvissuto
Nov 15, 2023
Life Care Services has the highest overall satisfaction scores among assisted living, memory care and independent living providers in the J.D. Power 2023 US Senior Living Satisfaction Study. Results were...
Diversified Healthcare Trust’s senior living portfolio continues to struggle following merger collapse
By
Kimberly Bonvissuto
Sep 26, 2023
Diversified Healthcare Trust’s senior housing operating portfolio continues to struggle in its post-pandemic recovery, according to a monthly performance update released Monday.
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.
As talks continue about a proposed merger between real estate investment trusts Diversified Healthcare Trust and Office Properties Income Trust, the accumulation of shares of DHC stock by Adam Portnoy...
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...
Second-quarter earnings calls continued Thursday with updates from Sabra Health Care REIT, AlerisLife and Diversified Healthcare REIT.
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.