AlerisLife Inc. (ALR)

NASDAQ: ALR · IEX Real-Time Price · USD
1.32
+0.01 (0.76%)
Mar 17, 2023, 4:00 PM EDT - Market closed

Company Description

AlerisLife Inc. operates and manages senior living communities in the United States.

It operates through two segments, Residential and Lifestyle Services. Its senior living communities comprise independent living communities, assisted living communities, memory care, continuing care retirement communities (CCRCs), skilled nursing facilities (SNFs), and an active adult community.

The company offers nursing and healthcare services; and outpatient rehabilitation clinics and fitness services.

As of December 31, 2021, it owned and operated or managed, 141 senior living communities located in 28 states with 20,105 living units, including 10,423 independent living apartments, 9,636 assisted living suites, which includes 1,872 of Bridge to Rediscovery memory care units, and one continuing CCRC, with 106 living units, including 46 SNF.

The company was formerly known as Five Star Senior Living Inc. and changed its name to AlerisLife Inc. in January 2022.

AlerisLife Inc. was incorporated in 2001 and is headquartered in Newton, Massachusetts.

AlerisLife Inc.
AlerisLife logo
Country United States
Founded 2001
IPO Date Dec 17, 2001
Industry Medical Care Facilities
Sector Healthcare
Employees 6,800
CEO Mr. Jeffrey C. Leer

Contact Details

Address:
400 Centre Street
Newton, Massachusetts 02458
United States
Phone (617) 796 8387
Website alerislife.com

Stock Details

Ticker Symbol ALR
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001159281
CUSIP Number 33832D205
ISIN Number US33832D2053
Employer ID 04-3516029
SIC Code 8051

Key Executives

Name Position
Adam David Portnoy Chairman and MD
Jeffrey C. Leer President and Chief Executive Officer
Jennifer Babbin Clark MD, Secretary and Director
Heather Pereira Senior Vice President, Treasurer and Chief Financial Officer
Philip Benjamson Senior Vice President and Chief Operating Officer
Stephen Geiger Vice President and Chief Accounting Officer
James Kotarski Vice President and Chief Information Officer
Timothy A. Bonang Vice President of Investor Relations
Vijay Moses Senior Vice President and General Counsel
Susan Dooley Vice President of Marketing

Latest SEC Filings

Date Type Title
Mar 16, 2023 CT ORDER Filing
Mar 14, 2023 SC TO-T/A Filing
Mar 14, 2023 SC 13E3/A [Amend] Going private transaction by certain issuers
Mar 14, 2023 SC 14D9/A Filing
Mar 10, 2023 SC 14D9/A Filing
Mar 10, 2023 SC TO-T/A Filing
Mar 9, 2023 SC 13E3/A [Amend] Going private transaction by certain issuers
Mar 8, 2023 SC 14D9/A Filing
Mar 8, 2023 SC 13E3/A [Amend] Going private transaction by certain issuers
Mar 8, 2023 SC 14D9/A Filing