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Five Star Senior Living Announces Collaboration with the MIT AgeLab

May 3, 2019

NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq:FVE), one of the nation’s leading providers of services to older adults, is excited to announce its membership in the MIT AgeLab C3 Connected Home Logistics Consortium. The MIT AgeLab believes that the convergence of social, demographic and technological forces provides the opportunity to improve connectivity, convenience and care (C3) in the home for consumers of all ages. The C3 Consortium is designed to serve as a catalyst for research and innovation for like-minded firms from a variety of industries.

In pioneering ways to help older adults lead rich and remarkable lives, Five Star believes it can have a true and lasting impact. Five Star’s commitment to helping older adults stay active and connected will become even more meaningful over the next decade as demographics change.

“This collaboration with the MIT AgeLab is a natural fit given our shared values and philosophy,” said Katie Potter, President and Chief Executive Officer of Five Star Senior Living. “We recognize that people are living longer, and we are committed to bringing enrichment and purpose to the lives of older adults, wherever they may call home. We are thrilled to collaborate with the AgeLab and other partners to further deepen our understanding of the changing needs of older adults and how we can support them to best address these needs.”

About MIT AgeLab

The MIT AgeLab is a multidisciplinary research program that works with business, government, and NGOs to improve the quality of life of older people and those who care for them. The AgeLab applies consumer-centered systems thinking to understand the challenges and opportunities of longevity and emerging generational lifestyles to catalyze innovation across business markets.

About Five Star Senior Living

Five Star Senior Living provides services to over 25,000 older adults through its over 280 senior living communities and Ageility Physical Therapy gyms across the country. Five Star is headquartered in Newton, Massachusetts.

Rob Poyas, Vice President, Sales & Marketing
(617) 796-8266

Source: Five Star Senior Living Inc.

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