Summary Five Star Senior Living Inc (Five Star), formerly Five Star Quality Care Inc is a healthcare service provider that offers senior living and patient care services. The center’s services include independent living, assisted living, skilled nursing care, memory care, dining and nutrition, hospice care, Alzheimer's care, respite and short term stays, rehab to home, personal care services, bridge to rediscovery, and rehabilitation and wellness services, among others. It provides cultural, ...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced that it will issue a press release containing its first quarter 2018 financial results before the Nasdaq opens on Tuesday, May 15, 2018. At 10:00 a.m. Eastern Time that morning, President and Chief Executive Officer Bruce Mackey, Chief Financial Officer and Treasurer Rick Doyle and Chief Operating Officer Scott Herzig will host a conference call to discuss these results. The conference call telephone number is (877) 329-4332. Participa...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE), one of the nation’s leading senior living and healthcare service providers, is pleased to announce the completion of an extensive renovation of Jefferson Manor, a 51-unit independent living community in Kokomo, Indiana. As part of the renovation, the dining room was expanded to a more open concept to bring in more natural light and offer scenic views of the surrounding area. Furniture and fixtures were updated throughout the community, and manicure a...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced its financial results for the quarter and year ended December 31, 2017. Financial Results for the quarter ended December 31, 2017: Senior living revenue for the fourth quarter of 2017 decreased 0.6% to $279.2 million from $281.0 million for the same period in 2016, primarily due to an estimated $0.9 million revenue reserve recorded in the fourth quarter of 2017 in connection with the previously disclose...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced that Adam D. Portnoy has been elected as a Managing Director of FVE effective March 20, 2018 to fill a vacancy on the Board. Mr. Portnoy (age 47) is the Managing Director, President and Chief Executive Officer of The RMR Group Inc. (Nasdaq: RMR) and President and Chief Executive Officer of The RMR Group LLC. Mr. Portnoy also is the sole Trustee and an owner of ABP Trust, whose wholly owned subsidiary owns approximately 36% of FVE’s out...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced that it will issue a press release containing its fourth quarter and year end 2017 financial results before the Nasdaq opens on Wednesday, March 21, 2018. At 10:00 a.m. Eastern Time that morning, President and Chief Executive Officer Bruce Mackey, Chief Financial Officer and Treasurer Rick Doyle and Chief Operating Officer Scott Herzig will host a conference call to discuss these results. The conference call telephone number is (877) 3...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced its financial results for the quarter ended September 30, 2017. Financial Results for the quarter ended September 30, 2017: Senior living revenue for the third quarter of 2017 increased 0.1% to $279.7 million from $279.3 million for the same period in 2016, primarily due to an increase in average monthly rates to residents who pay privately for services, offset by a decrease in occupancy. Management fee...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE), one of the nation’s leading senior living and healthcare service providers, is pleased to announce the completion of a multi-million dollar renovation of Premier Residences of Dallas, a 10 story luxury high rise with 143 Independent Living apartments, in Dallas, Texas. The building’s Art Nouveau architecture is showcased with a new, contemporary interpretation of this classic style. The updates include the addition of new amenities as well as three d...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced that it will issue a press release containing its third quarter 2017 financial results before the Nasdaq opens on Thursday, November 9, 2017. At 10:00 a.m. Eastern Time that morning, President and Chief Executive Officer Bruce Mackey, Chief Financial Officer and Treasurer Rick Doyle and Chief Operating Officer Scott Herzig will host a conference call to discuss these results. The conference call telephone number is (877) 329-4332. Part...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE), one of the nation’s leading senior living and healthcare service providers, today announced the completion of a short term rehabilitation center at The Gardens of Scottsdale in Scottsdale, Arizona. Branded as “Rehab to Home”, the program is designed for short term rehabilitation and recovery with a goal of maximizing independence and returning the Rehab to Home graduates to their home. The center features private suites with hotel-like amenities, including co...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE), one of the nation’s leading senior living and healthcare service providers is pleased to announce that Brandon Woods at Alvamar in Lawrence, Kansas has received the 2017 Bronze National Quality Award from the American Health Care Association (AHCA). The AHCA awards initiative recognizes top quality care across the United States with their National Quality Award Program. The Bronze awards recipients are providers of long term care who have demonstrated a commi...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced its financial results for the quarter ended June 30, 2017. Financial Results for the quarter ended June 30, 2017: Senior living revenue of $279.0 million for the second quarter of 2017 was approximately unchanged compared to the same period in 2016, primarily as a result of an increase in average monthly rates to residents who pay privately for services and an increase in the number of leased communitie...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced that it will issue a press release containing its second quarter 2017 financial results before the Nasdaq opens on Wednesday, August 2, 2017. At 10:00 a.m. Eastern Time that morning, President and Chief Executive Officer Bruce Mackey, Chief Financial Officer and Treasurer Rick Doyle and Chief Operating Officer Scott Herzig will host a conference call to discuss these results. The conference call telephone number is (877) 329-4332. Part...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE), one of the nation's leading senior living and healthcare services providers, announced today that the company is expanding its rehabilitation and wellness services to senior living communities outside of its current operations. Along with this expansion initiative, Five Star’s Rehab & Wellness division is rebranding with a new name: Ageility Physical Therapy Solutions and a new logo. This Smart News Release features multimedia. View the full release here: htt...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living, Inc. (Nasdaq: FVE), one of the nation’s leading senior living and healthcare service providers, today announced the completion of a short term rehabilitation center at Meadowood Retirement Community in Bloomington, Indiana. Branded as “Rehab to Home,” the addition and its program are designed for short term rehabilitation and recovery. The neighborhood features private suites with hotel-like amenities including concierge services, high-speed Wi-Fi, high definition televisions, ...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living (Nasdaq: FVE), one of the nation’s leading senior living and healthcare services providers, is pleased to acknowledge three communities as Silver National Quality Award Recipients by the American Health Care Association. The AHCA National Quality Award Program recognizes both long and short term care providers for exemplary performance across the United States. Recipients become eligible for silver after successfully achieving Bronze Status with the AHCA. This Smart News R...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living (Nasdaq: FVE), one of the nation’s leading senior living and healthcare services providers, is pleased to acknowledge 13 communities as Bronze National Quality Award Recipients by the American Health Care Association. The AHCA annually recognizes top quality care across the United States with their National Quality Award Program. The AHCA National Quality Award Program recognizes care providers of long and short term service to be recognized for exemplary performance. This...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living (Nasdaq: FVE), one of the nation’s leading senior living and healthcare services providers, today announced Church Creek Senior Living, a full service senior living community located in Arlington Heights, Illinois, has completed a multi-phased, multi-million dollar refurbishment project to redesign and enhance the experiences for their many residents. The finished product will be unveiled at a Grand Re-Opening Celebration on July 20th from 4:00 p.m. to 7:00 p.m. Serving resident...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced the results of its 2017 Annual Meeting of Stockholders which was held earlier today as follows. Barbara D. Gilmore was re-elected as an Independent Director by a plurality of all shares voted. Barry M. Portnoy was re-elected as a Managing Director by a plurality of all shares voted. Shareholders approved a nonbinding advisory resolution approving the compensation paid to the Company’s named executive officers. ...
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living (Nasdaq: FVE), one of the nation’s leading senior living and healthcare services providers, is pleased to announce that Sharon Reynolds, the Executive Director at The Neighborhood of Somerset in Somerset, KY, has been recognized with the 2017 Argentum Senior Living Community Leadership Award. Argentum is the nation’s largest senior living association and this award was presented at the annual Argentum Senior Living Executive Conference held in Nashville on May 1st through the 3r...
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