Five Star Senior Living

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DHC to transition 108 Five Star senior living communities to other operators by year’s end

By

Amy Novotney

April 12, 2021

Diversified Healthcare Trust will amend its management arrangements with Five Star Senior Living to transition 108 senior living communities, representing approximately 7,500 units, to other operators by the end of 2021. The announcement came Friday as Five Star released a new strategic plan that will see the company exiting the skilled nursing business completely as it shifts its focus to larger senior living communities.

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Five Star to exit skilled nursing, management of 108 senior living communities as focus shifts to larger properties

By

Lois A. Bowers

April 9, 2021

A new strategic plan will see Five Star Senior Living exiting the skilled nursing business completely, and the management of 108 communities transitioning to other operators, as the company shifts its focus to larger senior living communities, the company announced Friday.

News

Pandemic shifted strategy, but Five Star, Diversified say they remain on growth path

By

Kimberly Bonvissuto

February 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 confident in their paths to growth and improved profitability.

Business Daily News

Earnings call wrap-up: Senior living operators and REITs prep for post-pandemic growth

By

Amy Novotney

February 26, 2021

Amid a flurry of fourth-quarter and year-end earnings reports released this week, several senior living operators and real estate investment trusts announced moves aimed at harnessing long-term growth, diversification and profitability post pandemic.

News

McKnight’s welcomes inaugural class of 15 Veteran VIPs as Women of Distinction

By

Lois A. Bowers

February 18, 2021

Fifteen women who have worked in senior living or skilled nursing for more than 15 years are being recognized today as Veteran VIPs in the McKnight’s Women of Distinction awards program for 2021. The category is new to the awards program, now in its third year.

News

Senior living industry turnaround could begin in second quarter, CEO says

By

Lois A. Bowers

February 3, 2021

Signs of recovery from the coronavirus pandemic could begin to show in the senior living industry in the second quarter, Adam Portnoy, president and CEO of The RMR Group Inc., said Tuesday.

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People in the news, Dec. 15

By

Kimberly Bonvissuto

December 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 Senior Living, Frasier, GlynnDevins, HMP Senior Solutions, Inspir Carnegie Hill, Integral Senior Living, Legend Senior Living, Masonic Villages, Love & Co., McShane Construction Company, Park Springs, Sabra Health Care REIT, Waterstone at the Circle.

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Argentum releases infection control program guidance for assisted living providers

By

Kimberly Bonvissuto

November 24, 2020

Responding to a worsening pandemic, Argentum assembled a working group of clinical experts to address key COVID-related challenges to help guide its assisted living members.

News

Brookdale, Senior Lifestyle, Life Care Services top J.D. Power 2020 Senior Living Satisfaction Study

By

Lois A. Bowers

November 11, 2020

The consumer insights company ranks assisted living/memory care and independent living providers and also shares additional findings about satisfaction in senior living communities based on almost 5,000 responses from residents and their families.

News

Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic

By

Kimberly Bonvissuto

November 6, 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 benefit business in the long term, according to Five Star Senior Living and Diversified Healthcare Trust executives during third-quarter earnings calls on Thursday.

DHC to transition 108 Five Star senior living communities to other operators by year’s end

Five Star to exit skilled nursing, management of 108 senior living communities as focus shifts to larger properties

Pandemic shifted strategy, but Five Star, Diversified say they remain on growth path

Earnings call wrap-up: Senior living operators and REITs prep for post-pandemic growth

McKnight’s welcomes inaugural class of 15 Veteran VIPs as Women of Distinction

Senior living industry turnaround could begin in second quarter, CEO says

People in the news, Dec. 15

Argentum releases infection control program guidance for assisted living providers

Brookdale, Senior Lifestyle, Life Care Services top J.D. Power 2020 Senior Living Satisfaction Study

Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic

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