Billion-dollar deals revealing REITs’ massive buying power
By
James M. Berklan
Apr 01, 2011
Two deals that collectively totaled more than $10 billion were announced on the same day recently, further showcasing the new found buying power of real estate investment trusts in long-term care.
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...
Pandemic hits Genesis hard, putting firm’s future in doubt
By
Danielle Brown
Sep 01, 2020
Adverse effects from COVID-19 forced Genesis HealthCare to raise “substantial doubt” about its ability to operate in the near future. Genesis executives detailed their concerns during a second-quarter...
Genesis, Wesley Life partner to build across Iowa, Illinois
By
Kimberly Marselas
Aug 01, 2019
Two Iowa-based companies are joining to build a new senior housing organization and new facilities with long-term care beds in the Midwest.
Genesis, Kindred team up to tackle outcomes, transitions
By
Mar 05, 2017
Two of the country’s largest post-acute care providers are joining forces in an effort to improve quality and care transitions.
Genesis CEO plots 2017
By
Feb 05, 2017
Genesis HealthCare CEO George Hager Jr. said in a recent interview that he hopes nursing homes will see “federal funding that is additive to the inadequate Medicaid funding” in 2017 — although...
Genesis, ProMedica team up to provide telehealth to SNFs
By
Danielle Brown
May 01, 2020
Genesis HealthCare and ProMedica are a part of a new coalition of industry leaders aimed at giving skilled nursing facility providers immediate access to wound care through telehealth during the coronavirus...
April Business briefs
Apr 01, 2020
Genesis announced a partnership between its LTC ACO and skilled nursing provider SavaSeniorCare.
Genesis, Signature doubts prompt Omega write-down
By
Danielle Brown
Nov 01, 2020
Omega Healthcare Investors, a real estate investment trust, announced in late September that it will move to a cash-basis accounting method for tenants Genesis HealthCare and Signature HealthCARE.
CompanyBriefs
Nov 01, 2013
» The Evangelical Lutheran Good Samaritan Society partnered with AARP to pilot the “Connecting to Community” program to reduce social isolation. Residents at four Good Samaritan locations...