All signs indicate that it is the right time to invest in the skilled nursing sector, said George Hager, CEO and chair of Genesis HealthCare.
‘Favorable trends’ put Genesis Healthcare in a buying mood
By
Kimberly Marselas
Aug 08, 2019
With a third consecutive quarter of occupancy growth and margin expansion, Genesis Healthcare wants to increase its real estate ownership even further, company leaders said Thursday morning.
Contract therapy providers sign on with major clients
By
Kimberly Marselas
Feb 01, 2021
Reliant Rehabilitation and Genesis Rehab Services have each picked up major new contracts, adding thousands of skilled nursing and senior living residents to their rolls.
The package looked like a bomb. Police say it was meth for a nursing home employee.
By
Kimberly Marselas
Jun 19, 2019
The wrapping on an package left at New Jersey’s Brakeley Park Center last month was suspicious enough to warrant a call to the state bomb squad. Turns out, the first call should have been to the local...
Also in the News for Tuesday, December 13
Dec 13, 2016
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, 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 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
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...