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...
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.
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.
Genesis, UNM partner up to cut hospital readmissions
By
Nov 05, 2016
The nation’s largest provider of skilled nursing services is teaming with the University of New Mexico Health System in an effort to tackle the growing issue of hospital readmissions among nursing...
Genesis sued in resident sex assault case
By
Nov 09, 2017
The family of a resident who authorities say was sexually assaulted at her Rhode Island facility is suing Genesis Healthcare on the grounds it could have done more to prevent the crime.
‘Unfathomable greed’: Lawmaker accuses Genesis HealthCare of misusing federal coronavirus relief...
By
Danielle Brown
Feb 01, 2021
The nation’s largest nursing home operator is on the defense after a federal lawmaker accused it of using coronavirus federal relief funds to “line the pockets of company executives.”
An Illinois rehabilitation and skilled nursing center has been fined $25,000 after a certified nurse aide admitted to posting a partially nude photo of a resident on social media.
Two major long-term care transaction developments occurred Thursday. The board of Genesis HealthCare Corp. said it will enter into discussions with a new bidder. Meanwhile, Ventas Inc. reported completing...
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.