Genesis facilitates Sun set with multimillion dollar deal
By
Elizabeth Newman
Aug 01, 2012
Genesis HealthCare agreed in June to purchase rival Sun Healthcare Group in a transaction that should close the second half of 2012.
Genesis-Aetna alliance may preview ACO deals to come
By
Elizabeth Newman
Oct 01, 2011
A partnership between Genesis HealthCare and insurance giant Aetna is expected to drive down hospital readmission rates, provide better patient care and save both companies money.
Genesis buys back facilities, gets relief from its rent bills
By
Marty Stempniak
Mar 07, 2019
The nation’s largest skilled nursing chain is entering into a unique new arrangement to partially own some of its occupied properties and forego rent increases.
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.
Pennsylvania-based post-acute care giant Genesis Healthcare has transferred the operations of 19 facilities to healthcare consulting firm New Generation Health in a series of deals worth close to $80 million.
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.
Genesis looks to restructure
By
James M. Berklan
Dec 06, 2017
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...
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...
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...
Sabra Health Care REIT is the latest in a string of real estate investment trusts looking to distance themselves from problematic skilled nursing portfolios.