Senior Housing Properties Trust - McKnight's Senior Living

Senior Housing Properties Trust

Office phone, conference table

3 initiatives will help Five Star improve operations, CEO says

As Five Star Senior Living executives prioritize finding a long-term solution to the company’s current financial issues, the company also is focused on three initiatives to improve operations in 2019, President and CEO Katherine “Katie” Potter said Wednesday during the company’s fourth-quarter and full-year 2018 earnings call.

Five Star considers selling communities to address financial woes

Five Star Senior Living may sell some of its senior living communities or repurpose units within communities to help solve financial issues that cast “substantial doubt on our ability to continue as a going concern,” President and CEO Bruce Mackey said Wednesday morning during the company’s third-quarter earnings call.

Minimum Data Set information identifying providers will be shared with health plans to fight fraud,

SNH: Five Star initiatives will address CCRC challenges

Weaker performance in skilled nursing operations at Five Star Senior Living CCRCs “heavily influenced” a decline in rent coverage in a Senior Housing Properties Trust portfolio, said the REIT’s president and CEO, David Hegarty. Five Star is addressing the challenges in two ways, he added.

Five Star CEO Bruce Mackey

Five Star to sell 6 communities but keep managing them

Five Star Senior Living will sell six senior living communities to Senior Housing Properties Trust for $104 million, Five Star President and CEO Bruce Mackey told those participating in a Thursday third-quarter earnings call. But the company will continue to manage them.

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