Providers welcome additional SNF funding, but ‘more will be needed’: Genesis
By
Danielle Brown
May 26, 2020
Federal plans to distribute nearly $5 billion to skilled nursing operators to help their COVID-19 response is a good start, but it may not be enough for providers to conduct necessary testing at facilities...
‘The only hope we have is for testing,’ top nursing home analyst says
By
James M. Berklan
May 11, 2020
COVID-19’s ability to hide from plain sight will continue to crush expectations of halting its spread unless more and quicker testing at nursing homes sweeps the country, said a top U.S. researcher sifting...
‘Visionary’ founder of Genesis HealthCare dies of long-term illness and coronavirus
By
Liza Berger
Apr 22, 2020
The long-term care community lost a stalwart last weekend, when Michael R. Walker, founder of vast Genesis HealthCare, died from a battle with frontotemporal dementia and complications from the coronavirus.
Genesis notes one COVID-19 case, expects worse to come; touts PDPM therapy success
By
Danielle Brown
Mar 18, 2020
Genesis Healthcare is “working diligently” to prevent the potential spread of the 2019 novel coronavirus after one of its patients tested positive for the respiratory disease.
Genesis Healthcare’s LTC ACO announces partnership with SavaSeniorCare
By
Danielle Brown
Feb 12, 2020
Long-term care physicians that help care for residents in SavaSeniorCare facilities will now be able to participate in the Medicare Shared Savings Program through Genesis Healthcare’s accountable care...
Genesis transitions operations of 19 facilities to New Generation Health for $79M
By
Danielle Brown
Feb 04, 2020
The operations of 19 Genesis Healthcare facilities will be transferred to healthcare consulting firm New Generation Health in a series of deals worth close to $80 million.
Industry leaders argue for expanded role of medical directors
By
Alicia Lasek
Dec 03, 2019
The impact of industry medical directors remains inconsistent, and steps should be taken to further strengthen the role, say leading executives.
Analysis: Genesis and Signature make the top 10 as healthcare ‘dominates’ False Claims Act payouts
By
Marty Stempniak
Mar 29, 2019
A new analysis finds that the healthcare field is a dominant fixture on the list of False Claims Act recoveries, tallying $2.5 billion in payouts to the feds — with two big-name skilled nursing operators...
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.
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.