Genesis Healthcare To Add 34 Nursing Homes In Pennsylvania
After years of shrinking, especially in Pennsylvania and New Jersey, Genesis Healthcare Inc., based in Kennett Square, is slated to add 34 nursing homes in Pennsylvania to the 15 it now operates in the state.
Genesis, now controlled by a New York investment firm and with new high-level management, will take over the facilities, plus four in Colorado, from ProMedica Senior Care, said Lori Moyer, a spokesperson for Genesis.
The change in trajectory at Genesis — which shrank by a third from 2015 through last year — is happening because of a decision by Welltower Inc., a large nursing home landlord . . .