Newly named Genesis CEO a vaunted turnaround specialist, helped restructure GM
By
Danielle Brown
Mar 24, 2021
A new boss is in town for post-acute care giant Genesis Healthcare, and his first task will be delivering on a turnaround plan for the company after months of financial uncertainty exacerbated by the COVID-19...
Insurer looks to make Genesis HealthCare self-pay large chunk of COVID claims
By
Danielle Brown
Apr 22, 2022
Genesis HealthCare’s insurance provider wants the nursing home giant to pay millions before it covers COVID-19 claims being brought by residents.
‘Unfathomable greed’: Lawmaker accuses Genesis HealthCare of misusing federal coronavirus relief...
By
Danielle Brown
Feb 01, 2021
The nation’s largest nursing home operator is on the defense after a federal lawmaker accused it of using coronavirus federal relief funds to “line the pockets of company executives.”
Genesis transitions operations of 19 facilities to New Generation Health for $79M
By
Danielle Brown
Feb 04, 2020
The operations of 19 Genesis Healthcare facilities will be transferred to healthcare consulting firm New Generation Health in a series of deals worth close to $80 million.
Genesis notes one COVID-19 case, expects worse to come; touts PDPM therapy success
By
Danielle Brown
Mar 18, 2020
Genesis Healthcare is “working diligently” to prevent the potential spread of the 2019 novel coronavirus after one of its patients tested positive for the respiratory disease.
Genesis Healthcare is now requiring new residents or readmissions to be placed in quarantine units for 14 days prior to being transitioned into the general facility population in response to the COVID-19...
Termination on the table for Genesis HealthCare employees who don’t get vaccinated against COVID
By
Danielle Brown
Aug 04, 2021
Employees at the nation’s largest nursing home chain could be fired if they don’t get the COVID-19 vaccine under a new policy announced by the company late Monday.
Welltower dumping most Genesis HealthCare holdings in $880 million deal, strengthens ProMedica joint...
By
Danielle Brown
Mar 03, 2021
Welltower is cutting most ties with beleaguered Genesis HealthCare, the company announced late Tuesday.
Genesis’ targeted COVID vaccine efforts helped increase uptake among Black, Hispanic employees: study
By
Danielle Brown
Jul 27, 2021
Long-term care giant Genesis Healthcare was able to increase COVID-19 vaccination rates among its Hispanic and Black employees by 6.1% and 5.4%, respectively, after shifting its vaccine education strategy...
Genesis questions company’s viability after pandemic causes $213M in lost revenue, skyrocketing expenses
By
Danielle Brown
Aug 12, 2020
Adverse effects from the coronavirus have forced Genesis HealthCare to raise “substantial doubt” about its ability to operate in the near future.