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.
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.
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 will sell 51% stake in Chinese subsidiary
By
Kimberly Marselas
Apr 24, 2018
Genesis HealthCare announced Monday that it has agreed to sell a controlling stake of its Chinese subsidiary, GRS-HS, to Riswein Health Industry Investment Co.
Genesis Healthcare Friday morning announced it will replace most of its corporate leadership team and change its operational model as the post-acute provider continues to focus on its recovery.
Insurer looks to make Genesis HealthCare self-pay large chunk of COVID claims
By
Danielle Brown
Apr 22, 2022
Genesis HealthCare’s insurance provider wants the nursing home giant to pay millions before it covers COVID-19 claims being brought by residents.
Genesis, Skilled Healthcare deal forms mega-company
By
John O'Connor
Oct 01, 2014
Genesis HealthCare and Skilled Healthcare Group will merge to create a single company with more than 500 facilities nationwide, the providers announced in late August.
Genesis, Skilled Healthcare merger to create huge long-term care provider with more than 500 facilities
By
Tim Mullaney
Aug 20, 2014
Genesis HealthCare and Skilled Healthcare Group Inc. will merge to create a single long-term and post-acute care company with more than 500 facilities nationwide, the providers announced Tuesday.
Termination on the table for Genesis HealthCare employees who don’t get vaccinated against COVID
By
Danielle Brown
Aug 04, 2021
Employees at the nation’s largest nursing home chain could be fired if they don’t get the COVID-19 vaccine under a new policy announced by the company late Monday.