Genesis Healthcare

Are Critics of Private Equity Nursing Home Ownership Living In The Past?

It has become popular among many Democrats to call for investigations of nursing home ownership by private equity firms. But industry experts tell me that, increasingly, big investors in senior services are abandoning nursing facilities in favor of the far more lucrative home health business and, in some cases, private-pay senior housing. And the shift isn’t just happening with private [...]

By |2022-04-27T15:01:16-04:00April 27th, 2022|nursing homes, Uncategorized|1 Comment

What The Divorce Of The Nation’s Biggest Nursing Home Operator And Owner Means

In a bombshell announcement, the real estate investment trust (REIT) Welltower—the biggest owner of nursing homes in the US-- is divorcing from Genesis Healthcare—the nation’s biggest operator of nursing facilities. At same the same, Genesis, whose share price has plummeted in recent years, announced it is delisting from the New York Stock Exchange. It is common for REITs to own [...]

By |2021-03-03T17:52:02-05:00March 3rd, 2021|nursing homes, Uncategorized|0 Comments

 The Grim Post-COVID-19 Future For Nursing Homes

Someday, most of us will return to life before COVID-19. Nursing homes will not. The deaths of more than 16,000 of their residents from COVID-19 has profoundly disrupted senior living facilities--especially nursing homes-- and will drive historic change in the industry. Robert Kramer, president of the consulting firm Nexus Insights and a long-time observer of nursing home finances, told me, [...]

By |2020-05-04T11:22:15-04:00May 4th, 2020|nursing homes|8 Comments