Want to get smacked around? You’ve come to the right place
Nursing homes are used to having a target on their back, but that didn’t make this week’s public floggings any easier to absorb.
George Hager
Warren rips Genesis HealthCare, promises probe into all for-profit nursing homes; company rebuts charges of COVID fund mishandling
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 of COVID-19 conditions.
Genesis HealthCare looks toward pandemic recovery after CEO change
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.
BREAKING: Hager steps down as Genesis CEO, replaced by Board Chair Fish
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 stresses need for ongoing federal support after $60M shortfall due to pandemic
Genesis HealthCare endured $60 million in losses directly related to the coronavirus pandemic — despite receiving $64 million in federal and state relief funding during the third quarter, company executives revealed Monday.
Genesis questions company’s viability after pandemic causes $213M in lost revenue, skyrocketing expenses
Adverse effects from the coronavirus have forced Genesis HealthCare to raise “substantial doubt” about its ability to operate in the near future.
McKnight’s 40 for 40: George Hager
George Hager has brought an astute blend of strategic and tactical skills to his job as the top exec of the largest nursing home operator in the United States.
Genesis closes Skilled Healthcare purchase
Genesis HealthCare completed the acquisition of Skilled Healthcare Group on Monday. The combined company will have a new NYSE ticker symbol (GEN) and operate under the name Genesis Healthcare Inc.
Genesis, Skilled Healthcare deal forms mega-company
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.
Looming employee insurance mandate could be a lose-lose
Staffing has always been a major challenge in the seniors housing and care sector. And a new health insurance requirement scheduled to take effect in less than 16 months could worsen the problem.
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