Genesis mum on terminations after first vaccine mandate deadline passes
By
Danielle Brown
Aug 30, 2021
A week after its vaccine mandate deadline hit, the nation’s largest nursing home provider has not said how many employees it plans to terminate from its 357 facilities.
Genesis leaves NYSE, charts path toward recovery but more LTC companies may be in danger
By
Danielle Brown
Mar 04, 2021
Genesis HealthCare announced Wednesday it will voluntarily delist its common stock from the New York Stock Exchange as part of a restructuring plan to improve the company’s financial and operational...
CareOne alleges ‘flawed process’ in massive Genesis, Welltower deal
By
Danielle Brown
Apr 27, 2021
A one-time potential suitor is accusing Genesis HealthCare and Welltower of using a “flawed process” to reach an $880 million agreement that led to the real estate investment trust terminating leases...
Welltower’s Genesis exit nearly complete after $76 million property sale
By
Danielle Brown
May 11, 2022
Welltower is approaching the finish line in its exit from its relationship with Genesis HealthCare, the company reported Tuesday.
BREAKING: Genesis Healthcare, CEO Wilson agree to his exit 7 months in
By
Danielle Brown
Oct 25, 2021
Post-acute care giant Genesis Healthcare is on the hunt for a new chief executive officer after announcing that Harry Wilson will end his tenure as CEO after just seven months in the role, the company...
Welltower chief calls $880M agreement with Genesis ‘mutually beneficial’ for companies’ shareholders
By
Danielle Brown
Apr 30, 2021
Welltower executives believe its $880 million agreement with Genesis HealthCare will work out favorably for both companies in their efforts toward post-COVID recovery.
BREAKING: Hager steps down as Genesis CEO, replaced by Board Chair Fish
By
James M. Berklan
Jan 05, 2021
Beleaguered post-acute care giant Genesis HealthCare announced this morning that 17-year CEO George V. Hager Jr. is retiring from his posts as CEO and company director.
Warren rips Genesis HealthCare, promises probe into all for-profit nursing homes; company rebuts charges...
By
Danielle Brown
Mar 18, 2021
A top U.S. lawmaker on Wednesday intensified her fiery attacks on beleaguered Genesis HealthCare’s issuance of a hefty bonus to a departing long-time CEO, even as the company was flailing amid the devastation...
Genesis HealthCare looks toward pandemic recovery after CEO change
By
Danielle Brown
Jan 06, 2021
The new chief executive officer of post-acute care giant Genesis HealthCare is hoping to steer the company onto a steadier path after months of financial uncertainty caused by the pandemic.
Genesis HealthCare, HHS reach settlement over treatment of deaf residents
By
McKnight's Staff
Mar 07, 2013
Genesis HealthCare will enhance care for deaf individuals, including providing interpreters, as part of a recent settlement agreement with the Department of Health and Human Services Office for Civil Rights...