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.
Genesis bidding war not about CEOs, Silva says
By
Haymarket Media
May 16, 2007
The bidding escalation over Genesis HealthCare Corp. is not a struggle between executives’ egos, the president and CEO of Fillmore Capital Partners LLC, told McKnight’s on Tuesday.
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.
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...
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.
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.