News

A major nursing home chain with 175 senior living facilities across 17 states has filed for bankruptcy. The bankruptcy plunges a further 15,000 senior residents into the ongoing care crisis sweeping ...
Affiliates of Genesis’ investor ReGen Healthcare, a private equity firm, have entered into a deal to acquire Genesis, ...
Kennett Square, Pa.-based Genesis HealthCare has filed for Chapter 11 protection July 9 in a Texas federal court in a bid to restructure its finances and address what the company called “legacy ...
Affiliates of Genesis’ investor ReGen Healthcare, a private equity firm, have entered into a deal to acquire Genesis, ...
Genesis Healthcare Inc. — an operator of skilled nursing and assisted living facilities — and its subsidiaries have filed for ...
KENNETT SQUARE, Pa. – A Chester County-based nursing home operator with nearly 200 locations — including three in Berks County — has filed for Chapter 11 bankruptcy protection. Genesis HealthCare says ...
News that Genesis HealthCare filed for bankruptcy and plans to sell to an investor sent ripples through the skilled nursing investment world Thursday, provoking questions about how its entrance into ...
“In the case of Genesis HealthCare, this is another private equity-backed health care organization that has bled dry by greed ...
Genesis HealthCare officials said the Chapter 11 bankruptcy filing will allow the company to restructure its debt while maintaining operations at its facilities.
Healthcare provider Prospect Medical Holdings on Jan. 11, 2025, filed for Chapter 11 bankruptcy protection with plans to reorganize certain medical assets, sell two medical centers in Rhode Island, ...
Shares of Healthcare Services Group (NASDAQ:HCSG) took an 8% hit after Genesis HealthCare filed for Chapter 11. HCSG still ...
Genesis Healthcare, which owns facilities including St. Joseph's Center in Trumbull, said it owes up to $10 billion.