After its bankruptcy sale, Genesis Healthcare executives honed in on the evolution of its management team, investing in administrators and directors of nursing differently, while doubling down on its locally structured “pod model,” which has been in development for the past two years. Jake Komin, chief performance officer for Genesis views the bankruptcy as a […]
Nursing home operators are embracing workforce development initiatives to attract, retain and improve the skills of workers from inside and outside the industry. Leadership turnover is one of long-term care’s most damaging problems, and a big focus for operators such as Cascadia Healthcare. Other companies, such as Journey Skilled Nursing and Genesis HealthCare,use competitions with […]
The skilled nursing administrator position is ever evolving as a bridge between corporate leaders and frontline staff. These leaders often are assuming the role of data translator and CEOs of their buildings as more operators embrace decentralized business models. Having a sense of ownership over a building and what goes on inside of it makes […]
Omega Healthcare Investors (NYSE: OHI) is entering 2026 with few headwinds and strong earnings, bolstered by its Saber Healthcare joint venture, expected to become its largest revenue source. Executives also said the year could mark a historic milestone in the financial strength and reliability of its tenant operators. “Our momentum from 2025 should carry us […]
Editor’s note: This story has been updated with additional details, including the identities of the three main bidders as shared in a newly released transcript. Genesis HealthCare’s bankruptcy sale has a new lead bidder offering around $1 billion following a renewed auction held Wednesday, according to the latest court filing. After five rounds of bidding, […]
Regulation, reimbursement, and operational pressure dominated Skilled Nursing News’ most-read stories of 2025, reflecting a year marked by uncertainty and rapid change for the sector. From the unraveling of the federal staffing mandate to ongoing Medicare Advantage tensions and looming Medicaid cuts tied to OBBBA, our most-read coverage captured how policy shifts continued to collide […]
Nursing home dealmaking in 2025 was active but often contentious, notably with the ongoing sale of Genesis assets through December, following the company’s Chapter 11 bankruptcy announcement in July. The case has drawn scrutiny from lawmakers over private equity’s role in Genesis’ financial collapse, as the operator faces more than $2 billion in debt and […]
Families who have sued Genesis HealthCare over neglect or abuse charges may never see their settlement amounts due to the company’s bankruptcy, with the nursing home giant estimating $259 million in liability from nearly 1,000 settled and pending lawsuits. A recent report from KFF Health News detailed a few of the claims and how Genesis […]
The skilled nursing sector experienced a turbulent and transformative 2025, shaped by sweeping deregulation efforts, intensifying financial and policy pressures as well as volatile reimbursement dynamics. Meanwhile, rising M&A activity and renewed scrutiny of private equity ownership dominated markets and financial chatter. At the beginning of the year, the Trump administration’s approach to deregulation was […]
A court hearing regarding the sale of Genesis Healthcare properties continued today, with U.S. Bankruptcy Judge Stacey Jernigan indicating she would not rule on the case until she holds another hearing on the matter. The hearing will likely be scheduled for Dec. 17, Elizabeth Green, partner at Baker Hostetler, told Skilled Nursing News. Jernigan wants […]
Genesis HealthCare announced Monday that an insider bid had won an auction for all its assets. CPE 88988 LLC, an affiliate of Genesis owner Pinta Capital Partners, submitting the winning bid, according to a news report. The bid was for $40 million in cash as well as an agreement to take on certain debts and […]
With the Transforming Episode Accountability Model (TEAM) launching in January, the level of readiness varies greatly among skilled nursing providers, as well as hospitals mandated to take part in the initiative. Some nursing home providers are in the position of educating hospitals about the program, giving these SNF operators a chance to stand out as […]
A series of troubling incidents at Vermont’s largest nursing homes previously owned by Genesis HealthCare – ranging from neglect and injuries to a resident death – has exposed deep flaws in how the state oversees nursing home ownership transfers. That’s according to a report in VTdigger, which stated that the recent spike in violations in […]
A bill in Pennsylvania that would increase oversight of nursing home acquisitions by private equity is now stalled in a Senate committee. The bill, which passed the state House in June and applies to all health care acquisitions, was prompted by recent hospital closures and the bankruptcy of Genesis HealthCare, whose private equity ties drew […]
LTC Properties (NYSE: LTC) is under contract to sell seven skilled nursing facilities (SNFs) tied to an unnamed operator in the second quarter, as part of its broader goal to reduce exposure to older nursing homes in favor of senior housing, LTC executives said Tuesday. The disposition of these properties, which the unnamed operator chose […]
Across various states where Genesis operates, the fallout from the nursing home giant’s Chapter 11 bankruptcy has led state lawmakers to scrutinize involvement of private equity firms more closely. In Pennsylvania, where Genesis is headquartered, it has the largest footprint, with 42 of its 175 facilities located in the state. Governor Josh Shapiro, who has […]
Genesis HealthCare, one of the nation’s largest nursing home providers, has declared Chapter 11 bankruptcy. The potential buyer is affiliated with ReGen Healthcare, which is a current investor in Genesis, the company shared in an emailed statement to Skilled Nursing News. “The proposed transaction, the terms of which will be publicly disclosed shortly, is subject […]
Advocates for Maine’s nursing homes and long-term care facilities are requesting $10 million in state funding, citing diminishing access to nursing home care amid closures spurred by inadequate reimbursement rates from the state’s Medicaid program. Meghan Welch, market operating advisor for Genesis HealthCare, told Spectrum News that staffing shortages are preventing facilities from operating at […]
An unnamed tenant has decided not to renew its lease with real estate investment trust (REIT) LTC Properties (NYSE: LTC) for seven skilled nursing facilities that are currently part of LTC’s assets. LTC leaders said they are continuing with the sale process for the properties, and remain committed to replacing at least $8.3 million in […]
Deals in the U.K. continued to be a large driver of investment activity in 2025 for Omega Healthcare Investors (NYSE: OHI), with a $344 million April investment of a 45-care home portfolio in the U.K. and Jersey, closing after the first financial quarter’s end. Care homes in the U.K. are essentially nursing homes, but can […]
