Brookdale Senior Living Inc. (NYSE:BKD) Q1 2023 Earnings Conference Call May 9, 2023 9:00 AM ET

Company Participants

Jessica Hazel - VP, IR

Lucinda Baier - President and CEO

Dawn Kussow - EVP and CFO

Conference Call Participants

Steven Valiquette - Barclays

Josh Raskin - Nephron Research

Ben Hendrix - RBC Capital Markets

Operator

Good morning. Thank you for attending today's Brookdale Q1 2023 Earnings Call. My name is Cole and I'll be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. [Operator Instructions]

I'd now like to pass the conference over to our host, Jessica Hazel. Please go ahead.

Jessica Hazel

Thank you and good morning. I'd like to welcome you to the first quarter 2023 earnings call for Brookdale Senior Living. Joining us today are Cindy Baier, our President and Chief Executive Officer; and Dawn Kussow, our Executive Vice President and Chief Financial Officer.

All statements today, which are not historical facts may be deemed to be forward-looking statements within the meaning of the Federal Securities Laws. These statements are made as of today's date and we expressly disclaim any obligation to update these statements in the future. Actual results and performance may differ materially from forward-looking statements. Certain of the factors that could cause actual results to differ are detailed in the earnings release we issued yesterday, as well as in the reports we file with the SEC from time to time, including the risk factors contained in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. I direct you to the release for the full Safe Harbor Statement.

Also, please note that during this call, we will present non-GAAP financial measures. For reconciliations of each non-GAAP measure from the most comparable GAAP measure, I direct you to the release and supplemental information which may be found at brookdaleinvestors.com and was furnished on an 8-K yesterday.

Now, I will turn the call over to Cindy.

Lucinda Baier

Good morning to all of our shareholders, analysts, and other call participants. I hope that you and your loved ones are well. Welcome to our first quarter 2023 earnings call.

At Brookdale, our overarching priority is the health and well-being of our residents and associates. For this reason, I want to start with an update on an overnight tornado that hit our Shawnee Oklahoma community a few weeks ago, causing significant damage to the building.