Genesis HealthCare CEO George Hager said the battered nursing home chain hoped to save $54 million per year with new leases — once landlords Welltower Inc. and Sabra Health Care REIT sold their Genesis...
Sabra CEO: biggest providers simply ‘can’t do it anymore’
By
James M. Berklan
Nov 06, 2017
Instead of building mass by stringing together operators with national reach, skilled nursing operators and owners should instead concentrate on finding smaller, nimble partners.
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: SNF selloff to trim rent outlays by $10.5 million
By
Dec 06, 2016
Genesis HealthCare expects to save $10.5 million in rent payments following the sale of 92 skilled nursing facilities previously leased by its biggest landlord, the long-term care giant announced in early...
Genesis, UNM partner up to cut hospital readmissions
By
Nov 05, 2016
The nation’s largest provider of skilled nursing services is teaming with the University of New Mexico Health System in an effort to tackle the growing issue of hospital readmissions among nursing...
Sabra Health Care REIT is the latest in a string of real estate investment trusts looking to distance themselves from problematic skilled nursing portfolios.
REITs wary of skilled nursing sector woes, report asserts
By
Jul 04, 2016
Real estate investment trusts are becoming increasingly cautious of the pitfalls associated with skilled nursing portfolios, according to a report from Fitch Ratings.
Genesis will acquire 24 SNFs in $240 million Revera deal
By
Aug 05, 2015
Genesis Healthcare will acquire 24 skilled nursing facilities from Revera Inc., as part of a $240 million portfolio.
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...