Antipsychotics raise death risk 60% for Alzheimer’s patients … Interviewing readmitted SNF patients may help reduce future readmissions, study suggests … Genesis ‘stumbling’...
Also in the News for Thursday, March 10
Mar 10, 2016
Genesis to sell hospice, home health operations in $84 million deal … SNFs will close if no bed tax increases occur, provider groups say … CMS releases Medicare Part B payment proposal
Also in the News for Thursday, Jan. 4
Jan 04, 2018
Sabra finalizes sale of 20 Genesis facilities … Some Republicans, including Majority Whip Steve Scalise, ready to fight another another ObamaCare repeal round … Nursing home providers want...
Genesis, Signature doubts prompt Omega write-down
By
Danielle Brown
Nov 01, 2020
Omega Healthcare Investors, a real estate investment trust, announced in late September that it will move to a cash-basis accounting method for tenants Genesis HealthCare and Signature HealthCARE.
Genesis CEO plots 2017
By
Feb 05, 2017
Genesis HealthCare CEO George Hager Jr. said in a recent interview that he hopes nursing homes will see “federal funding that is additive to the inadequate Medicaid funding” in 2017 — although...
Also in the News for Friday, March 2
Mar 02, 2018
SNH says Five Star initiatives will address CCRC challenges … Genesis sustains $1+ share price, regains compliance with the New York Stock Exchange … Doctors struggling with ballooning elderly...
Genesis stresses need for ongoing federal support after $60M shortfall due to pandemic
By
Danielle Brown
Nov 10, 2020
Genesis HealthCare endured $60 million in losses directly related to the coronavirus pandemic — despite receiving $64 million in federal and state relief funding during the third quarter, company executives...
Genesis touts ‘strong’ second quarter as CEO says skilled care admissions may be reaching...
By
Marty Stempniak
Aug 09, 2018
The largest player in the skilled nursing space touted “strong” second quarter financial results, with leaders also expressing optimism that census declines might finally be hitting bottom.
Suitor sweetens Genesis offer
By
Haymarket Media
Apr 20, 2007
Affiliates of Formation Capital LLC and JER Partners have agreed to pay more for Genesis HealthCare Corp. They raised the price to $64.25 per share in cash, up from $63 a share.
Facility hit with $25,000 fine when photo appears online
By
Amy Novotney
Mar 08, 2018
An Illinois skilled nursing and rehab center was fined $25,000 after a certified nurse aide admitted to posting a partially nude photo of a resident on social media.