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...
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...
‘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.
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.
High local COVID-19 rates put nursing homes at risk, Genesis study finds
By
Alicia Lasek
Jul 21, 2020
Investigators tracked outbreaks in Genesis skilled nursing facilities across 25 states and alongside more than 3,000 other facility operators.
Genesis reaches $52.7 million settlement with Department of Justice
By
Phil Brahm
Aug 03, 2016
Genesis Healthcare will pay $52.7 million under an “agreement in principle” to settle four separate U.S. Department of Justice investigations, the nation’s largest long-term care company...
Profile: George Hager CEO, Genesis HealthCare Corp.
By
Liza Berger
Mar 01, 2009
George Hager just may be the Ben Roethlisberger of Genesis HealthCare Corp.