By Market Intelligence Team

Five Star Senior Living Inc. rebranded as AlerisLife Inc., effective January 26, 2022. The name change is intended to reflect the company’s significant organizational restructuring over the since 2019 to exit its skilled nursing business and focus on operating senior living communities. The company repositioned to grow and diversify revenue streams through new lifestyle services. The company has advanced this strategic transition by growing its Ageility rehabilitation and fitness service line. Additionally, it entered into a dining services collaboration with Compass Group. To provide home-based acute health care services to campus residents, the company partnered with Dispatch Health. The company…
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