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.
BREAKING: Hager steps down as Genesis CEO, replaced by Board Chair Fish
By
James M. Berklan
Jan 05, 2021
Beleaguered post-acute care giant Genesis HealthCare announced this morning that 17-year CEO George V. Hager Jr. is retiring from his posts as CEO and company director.
Settlements in four DOJ investigations to cost Genesis $52.7 million
By
Phil Brahm
Sep 05, 2016
Genesis Healthcare will pay $52.7 million under an agreement to settle four separate Department of Justice investigations, the nation’s largest long-term care company said.
Warren rips Genesis HealthCare, promises probe into all for-profit nursing homes; company rebuts charges...
By
Danielle Brown
Mar 18, 2021
A top U.S. lawmaker on Wednesday intensified her fiery attacks on beleaguered Genesis HealthCare’s issuance of a hefty bonus to a departing long-time CEO, even as the company was flailing amid the devastation...
Genesis announces lease/buy-back agreement for 18 SNFs
By
Danielle Brown
Oct 16, 2019
One of the nation’s top post-acute care providers has entered into a lease agreement that would allow it to buy back 18 skilled nursing facilities it previously leased.
Fillmore bid wins recommendation of Genesis board
By
Haymarket Media
May 18, 2007
A joint venture still has an opportunity to make a counter proposal after a rival bidder finally won the recommendation of the board of Genesis HealthCare Corp.
Genesis-Aetna alliance may preview ACO deals to come
By
Elizabeth Newman
Oct 01, 2011
A partnership between Genesis HealthCare and insurance giant Aetna is expected to drive down hospital readmission rates, provide better patient care and save both companies money.
Fillmore raises bid for Genesis again
By
Haymarket Media
May 08, 2007
The bidding war for Genesis HealthCare Corp. continues to intensify.
False Claims Act settlement to cost Genesis $53.6 million
By
Jun 19, 2017
Genesis Healthcare Inc. has agreed to pay more than $53 million to settle six lawsuits that alleged the long-term care giant violated the False Claims Act, the Department of Justice announced Friday.
Genesis, university team up to reduce hospital readmissions
By
Sep 12, 2016
Genesis HealthCare and the University of New Mexico Health System are partnering to improve care access and reduce hospital readmissions among nursing facility residents, the university announced on Friday.