Genesis and Ensign Group see shares drop amidst House COVID-19 nursing home investigation
By
Amy Novotney
Jun 22, 2020
Last week, a House of Representatives committee launched an investigation into how five large nursing home companies have handled COVID-19. Among the nursing homes under investigation are publicly traded...
‘Going concern’ doubts raised by Genesis, Signature prompt write-down by Omega, potential write-off...
By
Amy Novotney
Sep 28, 2020
Omega Healthcare Investors announced Thursday that it will move to a cash-basis accounting method for tenants Genesis Healthcare and Agemo Holdings LLC (f/k/a Signature Healthcare). The move comes as Omega...
Genesis Healthcare shares down 82% over five years
By
Amy Novotney
Mar 13, 2020
Investors who purchased Genesis HealthCare five years ago have seen their shares in the company fall by 82% during that time, according to an analysis posted Wednesday by Simply Wall St. The company’s...
Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
Welltower exits real estate relationship with Genesis
By
Amy Novotney
Mar 03, 2021
Welltower is largely ending its operating relationship with skilled nursing operator Genesis HealthCare, the real estate investment trust announced late Tuesday.