Billion-dollar deals revealing REITs’ massive buying power
By
James M. Berklan
Apr 01, 2011
Two deals that collectively totaled more than $10 billion were announced on the same day recently, further showcasing the new found buying power of real estate investment trusts in long-term care.
60 Seconds with… Ron Silva, CEO, Fillmore Capital Partners LLC
By
Haymarket Media
Jun 01, 2007
Q: Your company has been involved in a pretty intense bidding fight with the Formation Capital people over Genesis HealthCare Corp. Why do you continue to ratchet up this contest?
A: The two combined properties...
Genesis: SNF selloff to trim rent outlays by $10.5 million
By
Dec 06, 2016
Genesis HealthCare expects to save $10.5 million in rent payments following the sale of 92 skilled nursing facilities previously leased by its biggest landlord, the long-term care giant announced in early...
Sabra Health Care REIT is the latest in a string of real estate investment trusts looking to distance themselves from problematic skilled nursing portfolios.
Genesis expects to save $54 million after restructuring, but future unclear
By
Elizabeth Newman
Nov 12, 2017
Genesis HealthCare hopes to return to form after restructuring some of its leases, according to an investor conference call last week, but the company said in a government filing that bankruptcy is not...
PDPM fallout: Genesis cuts fewer rehab positions than originally planned
By
Liza Berger
Jan 12, 2020
Nursing home chain Genesis HealthCare has eliminated fewer rehab positions than originally stated since the onset of the Patient Driven Payment Model, the company disclosed this week.
‘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 HealthCare offers NADONA membership to all DONs
May 12, 2015
Genesis HealthCare announced it will provide membership to the National Association of Directors of Nursing Administration in Long Term Care (NADONA/LTC) to all its directors of nursing in each of its...
BusinessBriefs for November 2014
Nov 01, 2014
» Large nonprofit senior living groups continue to be largely the domain of faith-based operators, according to the latest LeadingAge Ziegler 100 report. Presbyterian-, Methodist- and Lutheran-run organizations...
Honeywell releases patient monitoring device
Mar 24, 2015
Honeywell Life Care Solutions has released a new version of its Genesis Touch wireless remote patient monitoring device.