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.
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 meets goal of vaccinating entire staff, company says
By
Danielle Brown
Aug 30, 2021
The nation’s largest nursing home operator said it met its goal of having all staff vaccinated “as promised” by its first deadline under its new COVID-19 inoculation policy.
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.
Genesis’ targeted COVID vaccine efforts helped increase uptake among Black, Hispanic employees: study
By
Danielle Brown
Jul 27, 2021
Long-term care giant Genesis Healthcare was able to increase COVID-19 vaccination rates among its Hispanic and Black employees by 6.1% and 5.4%, respectively, after shifting its vaccine education strategy...
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.
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 reportedly won’t mandate COVID-19 vaccinations for workers
By
Danielle Brown
Dec 07, 2020
The largest nursing home operator in the United States plans to ensure all workers have access to COVID-19 vaccines at its facilities, but it will not require them to take them, according to a recent report...
Genesis stresses need for ongoing federal support after $60M shortfall due to pandemic
By
Danielle Brown
Nov 10, 2020
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...
Genesis questions company’s viability after pandemic causes $213M in lost revenue, skyrocketing expenses
By
Danielle Brown
Aug 12, 2020
Adverse effects from the coronavirus have forced Genesis HealthCare to raise “substantial doubt” about its ability to operate in the near future.