Despite $235 million in losses, Genesis sees reason for optimism
By
Marty Stempniak
Mar 18, 2019
Better days are coming to both the nation’s largest skilled care chain and the sector overall, its CEO said Monday. Genesis Healthcare ended 2018 with a more than $235 million in net losses. But that’s...
First McKnight’s Hall of Honor winners unveiled
By
Elizabeth Newman
Mar 14, 2019
The elite class of 19 women in the joint McKnight’s Long-Term Care News and McKnight’s Senior Living’s program comprise top providers at an executive level in skilled nursing or senior living organizations.
Sabra CEO believes industry’s headwinds are in the rearview; expects ‘quiet’ year as it closes...
By
Marty Stempniak
Feb 26, 2019
An industry leader noted some “tangible” reasons for optimism in skilled nursing Monday, including a demographic uptick with the aging population.
Welltower says it’s ‘gaining confidence’ in post-acute space
By
Marty Stempniak
Feb 14, 2019
While some landlords have significantly scaled back or squashed their involvement in skilled care, Welltower said Tuesday it’s taking a different approach.
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.
Sabra backs off fire sale of some bankrupt Senior Care Centers properties
By
Marty Stempniak
Jan 29, 2019
Senior care landlord Sabra Health Care is trimming back the handful of properties it plans to sell out from under a troubled tenant, officials announced Sunday.
Nursing home on the hook for C. diff infection death, court rules
By
Marty Stempniak
Jan 25, 2019
A Massachusetts nursing home must face a medical malpractice suit for allegedly failing to diagnose one of its resident’s bacterial infections leading to his death, an appeals court ruled recently.
Sabra looks to close the book on its ‘Genesis exodus’ with $108M in sales
By
Marty Stempniak
Dec 21, 2018
As the New Year approaches, many desire a fresh start. That’s certainly true of Sabra Health Care as it eases out of its relationship with Genesis by finalizing the sale of several facilities.
Latest NIC data shows ‘surprising’ increase in skilled nursing occupancy
By
Marty Stempniak
Dec 13, 2018
New data shows there was an unexpected increase in occupancy at skilled nursing facilities, following up the previous quarter’s record low.
Genesis selects transitions program
By
Elizabeth Newman
Nov 20, 2018
Genesis HealthCare has selected Nexus Nexus Health Resources to enhance its transitions program with the help of the Nexus Health Call Center.