Genesis leaves NYSE, charts path toward recovery but more LTC companies may be in danger
By
Danielle Brown
Mar 04, 2021
Genesis HealthCare announced Wednesday it will voluntarily delist its common stock from the New York Stock Exchange as part of a restructuring plan to improve the company’s financial and operational...
CareOne alleges ‘flawed process’ in massive Genesis, Welltower deal
By
Danielle Brown
Apr 27, 2021
A one-time potential suitor is accusing Genesis HealthCare and Welltower of using a “flawed process” to reach an $880 million agreement that led to the real estate investment trust terminating leases...
Genesis Healthcare in growth mode as it picks up 38 former ProMedica facilities
By
Kathleen Steele Gaivin
Kimberly Marselas
Feb 01, 2023
Genesis Healthcare appears to be correcting its long-time slide in the nursing home sector, confirming this week that the company is adding 34 skilled nursing facilities in Pennsylvania and four in Colorado.
Genesis facilitates Sun set with multimillion dollar deal
By
Elizabeth Newman
Aug 01, 2012
Genesis HealthCare agreed in June to purchase rival Sun Healthcare Group in a transaction that should close the second half of 2012.
Formation joint venture raises bid for Genesis
By
Haymarket Media
May 03, 2007
A private equity joint venture raised its bid for Genesis HealthCare Corp., nearly equaling the proposal of a rival company.
Rival suitor issues higher bid for Genesis
By
Haymarket Media
Apr 26, 2007
A competing bidder has topped a joint venture company’s offer for Genesis HealthCare Corp.
Welltower’s Genesis exit nearly complete after $76 million property sale
By
Danielle Brown
May 11, 2022
Welltower is approaching the finish line in its exit from its relationship with Genesis HealthCare, the company reported Tuesday.
BREAKING: Genesis Healthcare, CEO Wilson agree to his exit 7 months in
By
Danielle Brown
Oct 25, 2021
Post-acute care giant Genesis Healthcare is on the hunt for a new chief executive officer after announcing that Harry Wilson will end his tenure as CEO after just seven months in the role, the company...
Formation strikes gold with $1.7B Genesis buy
By
Liza Berger
Feb 07, 2007
Private equity firms continue to wheel and deal in the long-term care sector.
A joint venture of Formation Capital LLC and JER Partners last month announced the purchase of Genesis HealthCare Corp., the...
Welltower chief calls $880M agreement with Genesis ‘mutually beneficial’ for companies’ shareholders
By
Danielle Brown
Apr 30, 2021
Welltower executives believe its $880 million agreement with Genesis HealthCare will work out favorably for both companies in their efforts toward post-COVID recovery.