The private equity joint venture between Formation Capital LLC and JER Partners completed the acquisition of Genesis HealthCare Corp., for $2 billion, according to the buyer.
Bidding war for Genesis rages on
By
Haymarket Media
May 14, 2007
The board of Genesis HealthCare Corp. is expected to vote Friday to sell the company to a private equity joint venture for $67.50 per share. But a rival bidder could still steal the day.
Suitor increases bid for Genesis
By
Haymarket Media
May 01, 2007
Fillmore Capital Partners LLC ratcheted up its bid for Genesis HealthCare Corp., raising its proposal price to $65.25 per share, or about $1.28 billion, from $64.75 per share.
Genesis’ targeted COVID vaccine efforts helped increase uptake among Black, Hispanic employees: study
By
Danielle Brown
Jul 27, 2021
Long-term care giant Genesis Healthcare was able to increase COVID-19 vaccination rates among its Hispanic and Black employees by 6.1% and 5.4%, respectively, after shifting its vaccine education strategy...
Genesis becomes PACE provider
By
Haymarket Media
Jul 02, 2007
Genesis HealthCare Corp. has received approval from the state of Pennsylvania and the Centers for Medicare & Medicaid to operate a Program of All-inclusive Care for the Elderly in Sharon Hill, PA.
Genesis nursing home agrees to $75,000 settlement over charges of discriminating against a deaf worker
By
Tim Mullaney
Sep 10, 2014
A New Jersey nursing home has agreed to a $75,000 settlement to resolve charges that it discriminated against a potential employee because of his deafness, federal authorities announced Monday.
Genesis questions company’s viability after pandemic causes $213M in lost revenue, skyrocketing expenses
By
Danielle Brown
Aug 12, 2020
Adverse effects from the coronavirus have forced Genesis HealthCare to raise “substantial doubt” about its ability to operate in the near future.
Wildfires cause evacuation of nursing homes
By
Haymarket Media
May 18, 2007
Three New Jersey nursing homes evacuated 300 residents as a result of a forest fire spanning nearly 20 square miles in the southern part of the state, according to published reports.
BREAKING: Genesis, biggest U.S. nursing home chain, mandates staff COVID-19 vaccinations
By
James M. Berklan
Aug 03, 2021
Genesis HealthCare, the nation’s largest nursing home chain, has declared a “universal” COVID-19 vaccine policy for all employees, care partners and onsite vendors, who have three weeks to come into...
Post-acute giants Genesis and Kindred announce partnership to tackle outcomes, care transitions
By
Feb 02, 2017
Two of the country’s largest post-acute care providers are joining forces in a unique effort to improve quality and care transitions.