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.
Genesis ACO adds 200 new long-term care facilities
By
Danielle Brown
Dec 17, 2019
Genesis Healthcare’s accountable care organization, LTC ACO, is adding 200 new, unaffiliated long-term care facilities, the company announced Tuesday.
Therapy staff cuts, PDPM will save Genesis $30M, CEO says
By
Danielle Brown
Nov 07, 2019
Genesis Healthcare should see its annual operating costs reduced by $30 million as it focuses more on group and concurrent therapy services under the newly implemented Patient Driven Payment Model, CEO...
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 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...
April Business briefs
Apr 01, 2020
Genesis announced a partnership between its LTC ACO and skilled nursing provider SavaSeniorCare.
Also in the News for Thursday, Oct. 10
Oct 09, 2019
Regular exercise is beneficial for seniors with heart problems, study finds … Nursing home residents could be targeted in latest Medicare fraud scam … Genesis HealthCare will still operate nursing...
Genesis, ProMedica team up to provide telehealth to SNFs
By
Danielle Brown
May 01, 2020
Genesis HealthCare and ProMedica are a part of a new coalition of industry leaders aimed at giving skilled nursing facility providers immediate access to wound care through telehealth during the coronavirus...
Also in the News for Thursday, Nov. 11
Nov 11, 2021
Genesis Healthcare, Signature develop inter professional collaboration to tackle pandemic, future … NY providers urge funding boost to help with new staffing requirements … Opponents file lawsuit against...