Brookdale Senior Living Inc. (NYSE:BKD) Q4 2023 Earnings Call Transcript February 21, 2024 9:00 AM ET

Company Participants

Jessica Hazel - Investor Relations

Cindy Baier - President, Chief Executive Officer & Director

Dawn Kussow - Executive Vice President & Chief Financial Officer

Conference Call Participants

Ben Hendrix - RBC Capital Markets

Joanna Gajuk - Bank of America

Josh Raskin - Nephron Research

Operator

Good morning, all and welcome to the Brookdale Fourth Quarter 2023 Earnings Call. All lines have been placed on mute during the presentation portion of the call with an opportunity for question-and-answer at the end. [Operator Instructions]

I would now like to turn this conference call over to our host from Brookdale's Investor Relations team, Jessica Hazel.

Jessica Hazel

Thank you, and good morning. I'd like to welcome you to the fourth 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.

Cindy Baier

Thank you, Jessica. Good morning to all of our shareholders, analysts and other call participants. Welcome to our fourth quarter and 2023 year end earnings call. We started 2023 with a clear vision and intense focus and a commitment to deliver positive results. This commitment extended beyond achieving positive operational and financial outcomes it also encompassed fulfilling our overarching priority, which is the health and well-being of our residents and associates.