Newly named Genesis CEO a vaunted turnaround specialist, helped restructure GM
By
Danielle Brown
Mar 24, 2021
A new boss is in town for post-acute care giant Genesis Healthcare, and his first task will be delivering on a turnaround plan for the company after months of financial uncertainty exacerbated by the COVID-19...
Genesis to save in ‘win-win’ $1.7 billion sale of 92 facilities
By
Nov 04, 2016
Genesis HealthCare is expected to save millions in rent payments after its largest landlord completes a $1.7 billion sale of 92 properties to new owners, the company announced Wednesday.
Insurer looks to make Genesis HealthCare self-pay large chunk of COVID claims
By
Danielle Brown
Apr 22, 2022
Genesis HealthCare’s insurance provider wants the nursing home giant to pay millions before it covers COVID-19 claims being brought by residents.
Genesis will acquire 24 SNFs in $240 million Revera deal
By
Aug 05, 2015
Genesis Healthcare will acquire 24 skilled nursing facilities from Revera Inc., as part of a $240 million portfolio.
Genesis looks to restructure
By
James M. Berklan
Dec 06, 2017
Genesis HealthCare CEO George Hager said the battered nursing home chain hoped to save $54 million per year with new leases — once landlords Welltower Inc. and Sabra Health Care REIT sold their Genesis...
PowerBack Rehabilitation to open in Colorado
May 12, 2015
PowerBack Rehabilitation, a collaboration between Mainstreet and Genesis HealthCare, is scheduled to open in Colorado later in May.
Genesis defends itself against flawed-bidding allegations
By
Haymarket Media
Apr 16, 2007
Shareholders of Genesis HealthCare Corp. are scheduled to vote this week on whether to approve the $1.7 billion sale of the company amid allegations that an unfair bidding process greased the transaction.
Genesis, Skilled Healthcare deal forms mega-company
By
John O'Connor
Oct 01, 2014
Genesis HealthCare and Skilled Healthcare Group will merge to create a single company with more than 500 facilities nationwide, the providers announced in late August.
McKnight’s 40 for 40: George Hager
By
James M. Berklan
Jun 15, 2020
George Hager has brought an astute blend of strategic and tactical skills to his job as the top exec of the largest nursing home operator in the United States.
Genesis, Skilled Healthcare merger to create huge long-term care provider with more than 500 facilities
By
Tim Mullaney
Aug 20, 2014
Genesis HealthCare and Skilled Healthcare Group Inc. will merge to create a single long-term and post-acute care company with more than 500 facilities nationwide, the providers announced Tuesday.