Five Star residents to receive home care via new collaboration
By
Kathleen Steele Gaivin
Dec 20, 2021
Newton, MA-based Five Star Senior Living will bring on-demand, acute medical care directly to its independent living, assisted living and memory care community residents through a new collaboration with...
Five Star CEO: Restructuring on track to close Jan. 1
By
Lois A. Bowers
Nov 07, 2019
The transaction to restructure Five Star Senior Living’s business relationship with Senior Housing Properties Trust remains on track to close on Jan. 1, Five Star CEO Katie Potter said Wednesday. In...
Five Star, DispatchHealth launch clinical collaboration for senior living residents
By
Amy Novotney
Dec 20, 2021
Five Star Senior Living independent living, assisted living and memory care residents will receive on-demand acute care via the operator’s collaboration with DispatchHealth, a provider of in-home medical...
Senior living takes lead in COVID-19 vaccination mandates, holds breath on workforce effects
By
Kimberly Bonvissuto
Sep 02, 2021
The senior living industry is leading corporate America in mandating COVID-19 vaccination, according to the Wall Street Journal.
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...
Ancillaries, initiatives help offset occupancy challenges at Five Star
By
Lois A. Bowers
Nov 03, 2016
Ancillary services and initiatives that generate income and resident satisfaction, as well as capital improvements and expansions at communities, are helping to offset decreases in occupancy and revenues...
Operators pursue unit conversion strategy
By
Lois A. Bowers
May 04, 2016
Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...
Senior Housing Properties Trust on track to sell $900 million in assets by end of year, president says
By
Lois A. Bowers
Nov 08, 2019
Real estate investment trust Senior Housing Properties Trust is on track to have $900 million in assets sold or under agreement to be sold by the end of the year, President and Chief Operating Officer...
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.
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...