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Genesis Healthcare (GEN) gains 5% premarket after announcing a three-part strategic restructuring plan to strengthen its liquidity position and capital structure. First, Genesis has agreed to terminate its master lease covering 51 facilities, leased from affiliates of Welltower. In ...
Transformative steps reduce debt by approximately $256 million and include an immediate $50 million capital investment Opportunity for an additional $25 million capital investment by April 15, 2021 Initial capital investment results in two appointments to the Board of Di...
Welltower and ProMedica Announce Strategic Transactions to Enhance Partnership PR Newswire TOLEDO, Ohio , March 2, 2021 /PRNewswire/ -- ProMedica and Welltower (NYSE:WELL) today announced two transactions to strengthen and expand their strong existing partnership...
Industry-related occupancy challenges and a subdued revenue trend could continue in H1-21. HCSG’s collections and cash performance this year have been stellar, the strong cash balance may be needed to meet any potential financial penalties. HCSG is looking to resolve the lo...
To date, 84% of skilled nursing residents and 61% of skilled nursing staff have been vaccinated; Staff acceptance rates far exceed national average as reported by CDC KENNETT SQUARE, Pa., Feb. 02, 2021 (GLOBE NEWSWIRE) -- Genesis HealthCare, (“Genesis” or “Com...
Genesis Healthcare (GEN) is downgraded at Credit Suisse to underperform from neutral as the analysts note that the factors critical for the company’s recovery are uncertain and beyond the company’s control.The target price is unchanged at $0.57, a discount of ~20.8% to Friday...
KENNETT SQUARE, Pa., Jan. 18, 2021 (GLOBE NEWSWIRE) -- With the spotlight on long-term care facilities during the current public health emergency, leaders in post-acute and long-term care, LTC ACO, the first long-term care Medicare Shared Savings Program dedicated to long-term care resident...
Are These Penny Stocks Under $1 Worth The Risk? This year has gotten off to a crazy start already and penny stocks could be to “blame”. Not only have the large-cap markets reached new all-time highs (again), so have smaller-cap markets. If you look at the Russell Sma...
George V. Hager, Jr. Retires as CEO and Director Board of Directors Appoints Current Chairman, Robert H. Fish as New CEO KENNETT SQUARE, Pa., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Genesis Healthcare, Inc. (Genesis, or the Company) (NYSE: GEN ), one of the largest post-...
KENNETT SQUARE, Pa., Dec. 23, 2020 (GLOBE NEWSWIRE) -- Franklin Woods Center, a Genesis HealthCare- (NYSE:GEN) (Genesis or the Company) affiliated nursing home, became one of the first long-term care facilities in Maryland to administer COVID-19 vaccinations today to both residents and staf...
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Peter A Feld, Director at Gen Digital (NASDAQ:GEN), disclosed an insider sell on May 17, according to a recent SEC filing. What Happened: According...
NORTHAMPTON, MA / ACCESSWIRE / May 17, 2024 / Gen: Gen will support women to grow their skills and advance their careers Gen Blog | Community Today's cybersecurity professionals face their fair share of challenges. From AI and phishing attacks to remote work and mobile security, the thr...
Have you evaluated the performance of Gen Digital's (NASDAQ: GEN) international operations during the quarter that concluded in March 2024? Con...