Genesis HealthCare
Genesis HealthCare is a leading provider of short‑term post‑acute, skilled nursing, rehabilitation and long‑term care services.
It operates nearly 290 skilled nursing facilities with over 34,000 beds and offers rehab therapy across 45 states and DC. It is headquartered in Kennett Square, PA.
Address: 101 East State Street, Kennett Square, PA 19348
Phone: (610) 444-6350
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Wilmington Developer Buys Two Kennett Square Office Buildings, Plans $34M Redevelopment
Wilmington-based 9th Street Development is acquiring two office buildings in Kennett Square, plans to convert one into apartments while retaining the other as commercial space for office and medical tenants,…
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Borough Residents Debate the Future of Rapidly Expanding Kennett Square
Kennett Square residents discussed the long term trajectory of Kennett’s residential development at a recent township meeting, writes Jen Samuel for The Daily Local News.…
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Kennett Square’s Genesis HealthCare Sells for $1 Billion in Fifth-Round Auction
Kennett Square-based Genesis HealthCare has agreed on its sale to 101 West State Street for $1.02 billion following five rounds of bidding last week, writes John George for the Philadelphia Business Journal. …
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Kennett Square-based Genesis Healthcare Aims to Restructure After Filing for Bankruptcy
Kennett Square-based Genesis Healthcare filed for bankruptcy protection earlier this week, aiming to restructure the debt tied to facilities that it no longer operates, writes…
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Chester County Leadership: Javonna Wylie, President and CEO, Chester County OIC
Javonna Wylie, President and CEO of Chester County OIC, spoke with VISTA Today about growing up in West Chester and how living in a college…
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Two Chester County Millenials Make 2024 Pennsylvania Forty Under 40 List
Two millennials from Chester County have found their place on the 2024 Pennsylvania Forty Under 40 list, writes Hilary Danailova for the City and State…
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Kennett Square-Based Healthcare Provider Sees a Growth Spurt
Kennett Square’s Genesis Healthcare will operate 34 additional nursing homes in Pennsylvania, writes Harold Brubaker for The Philadelphia Inquirer. The company has shrunk significantly in…
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As Stock Market Hits Low Point, These Chester County Companies Saw Their Stocks Drop the Most
At the start of the week, the stock market entered bear territory for the first time since 2020, further pushing down many local companies that…
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After ‘COVID Devastated Skin at a Global Level,’ Kennett’s Genesis HealthCare Seizes Opportunity to Transform
Kennett Square-based Genesis HealthCare is looking to add around 200 wound care experts nationwide as part of its newly launched program that aims to boost…
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Three Chester County-Based Companies Among Those in Region with Largest Share of Women on Their Boards
According to the Forum of Executive Women’s 2021 report, the largest public companies in the Philadelphia region made progress in diversifying their boards of directors…
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Kennett Square’s Struggling Genesis HealthCare Nabs Turnaround Specialist as Its Second CEO in Three Months
Kennett Square-based Genesis HealthCare, which operates more than 325 skilled nursing facilities and senior living communities nationwide, has named Harry Wilson, a turnaround specialist and…
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Here’s How Kennett Square’s Indebted Genesis Healthcare Is Charting a Path to Recovery
As it charts a path to recovery, Kennett Square-based Genesis HealthCare will implement a three-part restructuring plan to strengthen its liquidity position and capital structure,…
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Washington Post: Embattled Genesis HealthCare in Kennett Square Pays Multimillion-Dollar Bonus to Departing CEO
Pummeled by COVID-19 and struggling with finances, Kennett Square-based Genesis HealthCare gave its CEO, George Hager Jr., a $5.2 million “retention payment” in October, writes…
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Stock Market Approves of Kennett Square-Based Genesis HealthCare’s New CEO
Kennett Square-based Genesis HealthCare saw the price of its shares rise by nearly 14 percent after the company named Chairman Robert H. Fish as its…
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As Losses Mount, Kennett Square-Based Genesis HealthCare Considers Restructuring
Due to COVID-19-related losses exceeding federal aid by $60 million, Kennett Square-based Genesis HealthCare has begun talks with its financial backers on several possible restructuring…
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Kennett Square-Based Genesis HealthCare Sees ‘Clear Flattening of the Curve’ in Its Facilities
Kennett Square-based Genesis HealthCare, one of the state’s largest nursing home operators, has made significant progress in controlling the coronavirus spread in its facilities, writes…
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Chester County Home to Highest-Ranked Philadelphia-Area Company on Fortune 500
Chesterbrook-based AmerisourceBergen is once again the highest-ranked Philadelphia-area company on the Fortune 500, checking in at No. 10, writes Kennedy Rose for the Philadelphia Business…
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Founder of Kennett Square’s Genesis HealthCare, a ‘True Visionary’ for the Industry Dies at 71
Michael R. Walker, the founder of Kennett Square-based Genesis HealthCare, has died at 71 following a long-term illness and complications from the coronavirus, writes John…
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