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Tech Seeker (TS)

AlerisLife Inc (AKA:Alere Inc~Inverness Medical Innovations Inc)
Profile last edited on: 3/22/2022

Global manufacturer of rapid point-of-care diagnostic tests
TS Type
Mid-size Corporation
Status
Active
Year Founded
1991
Last Involved Year
2007

Key People / Management

  Katherine E Potter -- Pres & CEO

  Namal Nawana -- CEO

  Adam David Portnoy -- Chairman & MD

  Ron Zwanziger -- Founder

Location Information

400 Centre Street
Newton, MA 02458-2076
   (617) 796-8387
   www.alerislife.com

Public Profile

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.

Extent of SBIR involvement

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Synopsis: Techseeker Business Condition

Headquartered
USA
Employment
6,800
Revenue
$0.5B
Public/Private
Publicly Traded
Stock Info
NYSE : ALR
Received SBIR $$
No

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