Genesis plans to unload 13 more facilities; turns eye toward China
By
Marty Stempniak
May 11, 2018
Genesis Healthcare plans to unload 13 more of its leased facilities, as part of ongoing efforts to optimize its portfolio and focus on core markets.
Canadian distributor chosen for nurse call system
Apr 05, 2017
Jeron Electronic Systems Inc. announced that Genesis Integration Inc. is the Canadian Master Distributor for Jeron’s Provider Nurse Call Platforms.
Genesis facilities resolve allegations in connection with denying admission to opioid-dependent seniors
By
Alicia Lasek
Aug 09, 2021
Prospective residents were taking either buprenorphine or methadone for opioid use disorder. Twelve SNFs must pay civil penalties, adopt non-discrimination policy and provide training on civil rights laws...
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 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...
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.
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.
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...