McKnight’s Women of Distinction Hall of Honor gains 24 in 2024
By
Lois A. Bowers
Feb 15, 2024
Twenty-four women working in senior living, skilled nursing or home care are being announced today as 2024 inductees into the Hall of Honor in the annual McKnight’s Women of Distinction awards program,...
Warren launches investigation into for-profit nursing homes after Genesis CEO bonus
By
Danielle Brown
Mar 19, 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...
People in the news, March 30
By
Lois A. Bowers
Mar 30, 2021
Appointments and promotions at American House Senior Living Communities, Anthem Memory Care, English Meadows Senior Living, Erickson Living, Friendly Senior Living, Frontier Management, Genesis Healthcare,...
‘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 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...
Genesis Healthcare adds 38 former ProMedica SNFs to portfolio
By
Kathleen Steele Gaivin
Feb 01, 2023
Kennett Square, PA-based Genesis Healthcare is adding 34 nursing homes in Pennsylvania and four in Colorado, all formerly operated by Toledo, OH-based ProMedica Senior Care.
Welltower hopes Brookdale gets ‘back to the basics’
By
Lois A. Bowers
Feb 26, 2018
Welltower executives said that they hope Brookdale Senior Living can focus on fundamentals now that the company has announced turnaround plans that include a management shake-up in the wake of the rejection...
The COVID-19 pandemic continues to negatively affect the finances of Kennett Square, PA-based Genesis Healthcare, according to the firm’s third-quarter earnings report, released Monday.
LaShuan Bethea to succeed Scott Tittle as NCAL executive director
By
Lois A. Bowers
Jul 12, 2021
LaShuan Bethea, J.D., M.Ed., BSN, RN, will become executive director of the National Center for Assisted Living on Sept. 1, succeeding Scott Tittle, who is leaving to join VIUM Capital as a managing director...
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...