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Diversified Healthcare Trust Announces First Quarter 2024 Results

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Diversified Healthcare Trust (Nasdaq: DHC) reported its financial results for the first quarter of 2024, available on their website. A conference call discussing the results will be held on May 7, 2024. The press release can be accessed through the provided links.

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Diversified Healthcare Trust's reported financial results for the first quarter of 2024 represent a pivotal data point for existing and potential investors. These results allow stakeholders to gauge the company's performance against market expectations and its peer group. From a financial perspective, key metrics such as revenue growth, profit margins and earnings per share (EPS) are essential to assess the company's financial health and operational efficiency. Any significant deviation from expected financial ratios, or noticeable trends in revenue or expenses, should be scrutinized for their implications on future performance. Additionally, considering the healthcare sector's sensitivity to policy changes and reimbursement rates, investors would be keen on understanding how these external factors may have influenced the quarter's results. Understanding the company’s capital expenditure and how it allocates resources towards growth or debt reduction can indicate management's strategic priorities and their potential impact on future earnings.

For investors looking beyond the numbers, it is important to interpret these financial results within the broader healthcare industry context. Aspects such as occupancy rates in DHC's facilities, patient mix and payer sources offer insight into the company's market position and competitive landscape. The healthcare industry is highly regulated and heavily dependent on demographic trends, so indications of how DHC is adapting to regulatory changes or shifts in the population could provide a significant advantage when forming a long-term view. Additionally, an analysis of DHC's portfolio diversification, including the types and locations of its properties, may reveal strategic advantages or vulnerabilities. Investors should also consider the impact of technological advancements in healthcare on the company's operations and any strategic initiatives DHC may be undertaking in response to these industry shifts.

NEWTON, Mass.--(BUSINESS WIRE)-- Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Reports section of DHC's website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx.

A conference call to discuss DHC's first quarter 2024 financial results will be held on Tuesday, May 7, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-4297 or (412) 317-5435 (if calling from outside the United States and Canada); a pass code is not required. A replay will be available for one week by dialing (877) 344-7529; the replay pass code is 8367577. A live audio webcast of the conference call will also be available in a listen-only mode on DHC's website, at www.dhcreit.com. The archived webcast will be available for replay on DHC's website after the call. The transcription, recording and retransmission in any way of DHC's first quarter conference call are strictly prohibited without the prior written consent of DHC.

About Diversified Healthcare Trust:

DHC is a real estate investment trust focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location. As of March 31, 2024, DHC’s approximately $7.2 billion portfolio included 371 properties in 36 states and Washington, D.C., occupied by approximately 500 tenants, and totaling approximately 8.5 million square feet of life science and medical office properties and more than 27,000 senior living units. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of March 31, 2024 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. For more information, visit www.dhcreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Kevin Brady, Director, Investor Relations

(617) 231-3017

Source: Diversified Healthcare Trust

FAQ

When did Diversified Healthcare Trust announce its first quarter 2024 results?

Diversified Healthcare Trust announced its first quarter 2024 results on a press release.

Where can I find Diversified Healthcare Trust's financial results for the quarter ended March 31, 2024?

You can find Diversified Healthcare Trust's financial results for the quarter ended March 31, 2024 on their website at the Quarterly Reports section.

When is the conference call to discuss DHC's first quarter 2024 financial results scheduled?

The conference call to discuss Diversified Healthcare Trust's first quarter 2024 financial results is scheduled for May 7, 2024.

How can I access the conference call discussing DHC's financial results?

You can access the conference call by dialing (877) 329-4297 or (412) 317-5435 (if calling from outside the United States and Canada) on May 7, 2024 at 10:00 a.m. Eastern Time.

Diversified Healthcare Trust

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