Alerislife IncNASDAQ ALR Stock Report

AlerisLife, Inc. engages in the operation of senior living communities and rehabilitation and wellness services clinics. The company is headquartered in Newton, Massachusetts and currently employs 6,800 full-time employees. The company went IPO on 2001-12-17. The firm operates through two segments: residential and lifestyle services. In the residential segment, it manages for others and operates primarily independent living communities and assisted living communities and an active adult community and provides housing and services to older adults. In the lifestyle services segment, it provides a suite of rehabilitation and wellness services, including physical, occupational, speech and other specialized therapy services, in inpatient and outpatient clinics, as well as home health and fitness services. The company provides rehabilitation services, which include physical therapy, speech therapy and occupational therapy, as well as strength training, orthopedic rehabilitation, fall prevention, aquatic therapy, continence management programs, pain management programs, neurological rehabilitation and post-surgical or post-hospitalization services.