Whistleblowers get another chance to fine-tune 8-year-old allegations against Genesis
By
Kimberly Marselas
Apr 19, 2024
More than eight years after first alleging False Claims Act violations against Genesis Healthcare and Sun Healthcare, a group of whistleblowers was given more time to refine its case.
Genesis mum on terminations after first vaccine mandate deadline passes
By
Danielle Brown
Aug 30, 2021
A week after its vaccine mandate deadline hit, the nation’s largest nursing home provider has not said how many employees it plans to terminate from its 357 facilities.
Genesis leaves NYSE, charts path toward recovery but more LTC companies may be in danger
By
Danielle Brown
Mar 04, 2021
Genesis HealthCare announced Wednesday it will voluntarily delist its common stock from the New York Stock Exchange as part of a restructuring plan to improve the company’s financial and operational...
CareOne alleges ‘flawed process’ in massive Genesis, Welltower deal
By
Danielle Brown
Apr 27, 2021
A one-time potential suitor is accusing Genesis HealthCare and Welltower of using a “flawed process” to reach an $880 million agreement that led to the real estate investment trust terminating leases...
BREAKING: Genesis Healthcare, CEO Wilson agree to his exit 7 months in
By
Danielle Brown
Oct 25, 2021
Post-acute care giant Genesis Healthcare is on the hunt for a new chief executive officer after announcing that Harry Wilson will end his tenure as CEO after just seven months in the role, the company...
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.
Warren rips Genesis HealthCare, promises probe into all for-profit nursing homes; company rebuts charges...
By
Danielle Brown
Mar 18, 2021
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...
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.
The search is on again for a Genesis Healthcare CEO
By
Danielle Brown
Oct 26, 2021
Harry Wilson will be leaving his position as chief executive officer of Genesis Healthcare just seven months after he was hired to lead the post-acute care giant’s financial turnaround.