Genesis to buy back real estate from Welltower, get relief from rent rises
By
Marty Stempniak
Feb 05, 2019
The nation’s largest skilled nursing chain is entering into a unique new arrangement to partially own some of its occupied properties while forgoing rent increases.
Sabra looks to close the book on its ‘Genesis exodus’ with $108M in sales
By
Marty Stempniak
Dec 21, 2018
As the New Year approaches, many desire a fresh start. That’s certainly true of Sabra Health Care as it eases out of its relationship with Genesis by finalizing the sale of several facilities.
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.
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.
Genesis touts ‘strong’ second quarter as CEO says skilled care admissions may be reaching...
By
Marty Stempniak
Aug 09, 2018
The largest player in the skilled nursing space touted “strong” second quarter financial results, with leaders also expressing optimism that census declines might finally be hitting bottom.
Genesis touts rosy third quarter, with uptick in 85-plus occupancy
By
Marty Stempniak
Nov 09, 2018
It’s been years since Genesis Healthcare has seen numbers like this.
Genesis chief: States realizing Medicaid pay rates aren’t enough
By
Marty Stempniak
May 13, 2019
The nation’s largest nursing home chain believes that state capitals are finally catching on to what industry watchers have known for years — Medicaid rates are not cutting it.
Genesis leads in new analysis of nursing home chains
By
Marty Stempniak
Oct 26, 2018
Eight of the top 10 top nursing home operators are based in the states of New York and Pennsylvania, with Genesis continuing to command the market, according to a new analysis of the nation’s nursing...
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.
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...