Five Star Quality Care, Inc. (NYSE Amex: FVE) announced its financial results this week for the quarter and six months ended June 30, 2010 that showed total revenues for the second quarter of 2010 increased 5.7% to $311.9 million from $295.0 million for the same period last year.  FVE’s net income for Q2 2010 was $8.1 million compared to $8.5 million for Q2 2009. 

Operating highlights for the communities include:

• Senior living occupancy for the second quarter of 2010 was 86.2% compared to 86.5% for the same period last year and 86.2% for the first quarter of 2010.

• Senior living average daily rate for the second quarter of 2010 increased by 1.7% to $148.67 from $146.13 in the same period last year.
• The percentage of senior living revenue derived from private and sources other than Medicare and Medicaid for the second quarter of 2010 increased to 70.1% from 69.1% for the same period last year.
• For those senior living communities that we have operated continuously since April 1, 2009 (comparable communities), occupancy for the second quarter of 2010 was 86.1% compared to 86.5% for the same period last year.
• The average daily rate at comparable communities for the second quarter of 2010 increased by 1.9% to $148.87 from $146.13 in the same period last year.

For the full details, visit the 8-K.