Under terms of the agreement, Genesis will acquire Sun for $8.50 per share of common stock in cash. Following the announcement, Sun shares leaped Thursday.
BREAKING: Genesis, biggest U.S. nursing home chain, mandates staff COVID-19 vaccinations
By
James M. Berklan
Aug 03, 2021
Genesis HealthCare, the nation’s largest nursing home chain, has declared a “universal” COVID-19 vaccine policy for all employees, care partners and onsite vendors, who have three weeks to come into...
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.
Lab tests for COVID-19 ‘nearly useless’ again due to slow turnaround times: Genesis CMO
By
Liza Berger
Aug 04, 2020
Due to the slow lab turnaround times for COVID-19 tests, delivery of point-of-care diagnostic testing instruments and tests from the federal government comes at the right time. That’s the word from the...
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...
Facility failed to address erratic behavior of nurse who later shot a resident and herself, lawsuit charges
By
Tim Mullaney
Sep 11, 2014
A Pennsylvania nursing home failed to intervene when a nurse began acting erratically in the days before killing herself and a resident last November, according to a lawsuit filed Friday in Lackawanna...
Genesis reportedly won’t mandate COVID-19 vaccinations for workers
By
Danielle Brown
Dec 07, 2020
The largest nursing home operator in the United States plans to ensure all workers have access to COVID-19 vaccines at its facilities, but it will not require them to take them, according to a recent report...
Also in the news for July 11, 2014 . . .
Jul 11, 2014
Genesis nursing home fired dietary worker due to her disability, government alleges … Rehabilitation provider groups brief Senators, present findings that IRFs outperform SNFs … Medicare accounted...
Also in the News for Thursday, March 22
Mar 22, 2018
Lawmakers negotiating late in effort to avert third government shutdown of 2018 … Genesis recovering as industry ‘falls behind’ … Sitting and physical inactivity may increase risk...