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News

Genesis HealthCare, Nursing Home

The Wall Street Journal on MSN · 1d
Nursing Home Chain Genesis HealthCare Files For Bankruptcy
Genesis Healthcare, which operates approximately 175 nursing facilities throughout the U.S., filed for bankruptcy Thursday after struggling to overcome financial burdens including legal costs from personal-injury and wrongful-death claims.
Bisnow · 3h
Nursing Home Operator With 175 Facilities Files For Bankruptcy
Pennsylvania-based Genesis HealthCare owns 175 nursing facilities across the country, but the company said that due to financial hardships in recovering from the pandemic and a rise in litigation, it had to file for bankruptcy, The Wall Street Journal first reported.
The Mercury on MSN · 21h
Genesis Healthcare files for bankruptcy
The Chester County-based skilled nursing company calls the decision ‘strategic,’ in order to restructure debt.
1don MSN
Omega Healthcare tenant Genesis gets stalking horse bid from ReGen
ReGen Healthcare, a private investment firm, has made a stalking horse bid to procure substantially all of the assets held by ...
1d
Genesis HealthCare Sets New Course to Strengthen Future
Genesis HealthCare, Inc., along with its subsidiaries, announced today that it has taken steps to implement a financial restructuring to secure the long-term delivery of its mission. This process is ...

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