Genesis, university team up to reduce hospital readmissions
By
Sep 12, 2016
Genesis HealthCare and the University of New Mexico Health System are partnering to improve care access and reduce hospital readmissions among nursing facility residents, the university announced on Friday.
Genesis to buy back real estate from Welltower, get relief from rent rises
By
Marty Stempniak
Feb 05, 2019
The nation’s largest skilled nursing chain is entering into a unique new arrangement to partially own some of its occupied properties while forgoing rent increases.
False Claims Act settlement to cost Genesis $53.6 million
By
Jun 19, 2017
Genesis Healthcare Inc. has agreed to pay more than $53 million to settle six lawsuits that alleged the long-term care giant violated the False Claims Act, the Department of Justice announced Friday.
Genesis Healthcare will sell 51% stake in Chinese subsidiary
By
Kimberly Marselas
Apr 24, 2018
Genesis HealthCare announced Monday that it has agreed to sell a controlling stake of its Chinese subsidiary, GRS-HS, to Riswein Health Industry Investment Co.
Genesis HealthCare, HHS reach settlement over treatment of deaf residents
By
McKnight's Staff
Mar 07, 2013
Genesis HealthCare will enhance care for deaf individuals, including providing interpreters, as part of a recent settlement agreement with the Department of Health and Human Services Office for Civil Rights...
… and Health Care REIT purchases Genesis facilities for $2.4 billion
Mar 01, 2011
Health Care REIT said Monday that it would be buying virtually all of the real estate assets of privately owned Genesis Healthcare for $2.4 billion. The real estate investment trust will be acquiring 147...
Genesis shareholders to vote on Formation offer
By
Haymarket Media
May 30, 2007
Stockholders of Genesis HealthCare Corp. are set to vote today on the takeover of the chain by a private equity joint venture.
Private equity firm to buy Genesis for $1.7 billion
By
Haymarket Media
Jan 17, 2007
Two private equity firms said Tuesday they will buy Genesis HealthCare Corp., one of the largest nursing home chains in the country, for approximately $1.7 billion, or $63 per share.
Genesis to save in ‘win-win’ $1.7 billion sale of 92 facilities
By
Nov 04, 2016
Genesis HealthCare is expected to save millions in rent payments after its largest landlord completes a $1.7 billion sale of 92 properties to new owners, the company announced Wednesday.
Genesis looks to restructure
By
James M. Berklan
Dec 06, 2017
Genesis HealthCare CEO George Hager said the battered nursing home chain hoped to save $54 million per year with new leases — once landlords Welltower Inc. and Sabra Health Care REIT sold their Genesis...