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 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...
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...
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...
Also in the News for Monday, March 16
Mar 16, 2020
California reportedly blocked from expanding Medicaid during COVID-19 response … Genesis Healthcare sees shares drop 82% over past five years: analysis … Provider ‘reinforcing core values’ after...
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 Monday, Sept. 28
Sep 28, 2020
1 in 6 nursing homes have reported staff shortages during pandemic: study … Sabra Health Care REIT evaluating ongoing concerns by Genesis, Signature … 23 New York nursing homes have been fined a total...
Genesis Healthcare’s LTC ACO announces partnership with SavaSeniorCare
By
Danielle Brown
Feb 12, 2020
Long-term care physicians that help care for residents in SavaSeniorCare facilities will now be able to participate in the Medicare Shared Savings Program through Genesis Healthcare’s accountable care...
Also in the News for Friday, Feb. 21
Feb 21, 2020
ACHCA announces inaugural Hall of Fame class: Farleys, Slatky and Finkelstein … National ACO group questions Medicare leaders on new payment model … Genesis nursing homes settle neglect cases for $740K