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, 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.
Genesis spends $240M on SNF portfolio
By
Holly Petrovich
Jun 16, 2015
Genesis HealthCare announced Monday it will acquire 24 of Revera Inc.’s skilled nursing facilities and rehabilitation business for $240 million.
Pennsylvania-based post-acute care giant Genesis Healthcare has transferred the operations of 19 facilities to healthcare consulting firm New Generation Health in a series of deals worth close to $80 million.
Genesis to buy back real estate from Welltower, get relief from rent rises
By
Marty Stempniak
Feb 05, 2019
The nation’s largest skilled nursing chain is entering into a unique new arrangement to partially own some of its occupied properties while forgoing rent increases.
Genesis HealthCare looks toward pandemic recovery after CEO change
By
Danielle Brown
Jan 06, 2021
The new chief executive officer of post-acute care giant Genesis HealthCare is hoping to steer the company onto a steadier path after months of financial uncertainty caused by the pandemic.
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 Healthcare will sell 51% stake in Chinese subsidiary
By
Kimberly Marselas
Apr 24, 2018
Genesis HealthCare announced Monday that it has agreed to sell a controlling stake of its Chinese subsidiary, GRS-HS, to Riswein Health Industry Investment Co.
Genesis HealthCare, HHS reach settlement over treatment of deaf residents
By
McKnight's Staff
Mar 07, 2013
Genesis HealthCare will enhance care for deaf individuals, including providing interpreters, as part of a recent settlement agreement with the Department of Health and Human Services Office for Civil Rights...