Genesis HealthCare
| This article relies on references to primary sources. (June 2007) |
| Type | Private |
|---|---|
| Industry | Health care |
| Headquarters | Kennett Square, Pennsylvania, U.S. |
| Key people | George V. Hager, Jr. (CEO) |
| Revenue | 2.7 Billion USD (2011) |
| Employees | 50,000 |
| Website | www.genesishcc.com |
Genesis HealthCare is a leading provider of short-term post-acute, rehabilitation, skilled nursing and long-term care services. As of 2012, Genesis operates over 200 skilled nursing centers and assisted living residences in 13 eastern states. Genesis also supplies rehabilitation therapy to over 1,100 healthcare providers in 35 states and the District of Columbia. Genesis has approximately 50,000 employees. Genesis HealthCare is headquartered in Kennett Square, Pennsylvania. On April 1, 2011, Health Care REIT, Inc. (NYSE:HCN) completed the $2.4 billion acquisition of substantially all of the real estate assets of privately owned Genesis HealthCare, which was previously announced on February 28, 2011. In June 2012, Genesis HealthCare announced its plans to acquire Sun Healthcare Group.
Genesis Health Ventures was established by Michael R. Walker in 1985 with acquisition of nine Centers. Between 1985 and 1998, Walker grew Genesis Health Ventures from a $32 million to a $2.4 billion public company through the acquisition of nursing homes and services such as rehabilitation therapy, diagnostic testing, respiratory therapy, and pharmacy. In 1999, the Federal government made drastic, unanticipated cuts to Medicare, which at that time funded virtually all the care for individuals admitted to Genesis Centers from hospitals. Genesis Health Ventures sought Chapter 11 protection in 2000. In 2001, the company reorganized and reemerged from bankruptcy. In 2003, Genesis Health Ventures’ separated the Company’s in-patient care and pharmacy divisions. As part of the separation, Genesis Health Ventures adopted the NeighborCare pharmacy division’s trade name, and spun off the Company’s Genesis ElderCare Skilled Nursing Centers, and Assisted Living and Independent Living Communities, as well as Genesis Rehabilitation Therapy Services, into a new entity – Genesis HealthCare Corporation. On July 13, 2007, Formation Capital and JER Partners completed the acquisition of Genesis HealthCare Corporation, previously (NASDAQ: GHCI).
Contents |
Leadership [edit]
- George V. Hager, Jr - Chief Executive Officer
- Tom DiVittorio - Senior Vice President and Chief Financial Officer
- Robert "Mike" Reitz - Executive Vice President and Chief Operating Officer
Contact [edit]
Genesis offers a 24/7 CareLine for more information or for assistance with choosing a location. 1-866-745-CARE
Locations [edit]
Skilled Nursing and Assisted Living Facilities in 13 States:
| Center Name | City | State |
| Fox Hill Center | Rockville | CT |
| Glendale Center | Naugatuck | CT |
| Groton Regency Center | Groton | CT |
| Harrington Court | Colchester | CT |
| Kimberly Hall North | Windsor | CT |
| Kimberly Hall South | Windsor | CT |
| Meriden Center | Meriden | CT |
| Salmon Brook Center | Glastonbury | CT |
| Skyview Center | Wallingford | CT |
| Churchman Village | Newark | DE |
| Heritage at Dover | Dover | DE |
| Heritage at Milford | Milford | DE |
| Hillside Center | Wilmington | DE |
| Milford Center | Milford | DE |
| Seaford Center | Seaford | DE |
| Lofland Park Center | Seaford | DE |
| Silver Lake Center | Dover | DE |
| Academy Manor | Andover | MA |
| Apple Valley Center | Ayer | MA |
| Chelsea Center | Chelsea | MA |
| Coolidge House | Brookline | MA |
| Courtyard Nursing Care Center | Medford | MA |
| Guardian Center | Brockton | MA |
| Heritage Hall East | Agawam | MA |
| Heritage Hall North | Agawam | MA |
| Heritage Hall South | Agawam | MA |
| Heritage Hall West | Agawam | MA |
| Heritage Nursing Care Center | Lowell | MA |
| Heritage Woods | Agawam | MA |
| Keystone Center | Leominster | MA |
| Lasell House | Auburndale | MA |
| Prescott House | North Andover | MA |
| Sarah S. Brayton Nursing Center | Fall River | MA |
| Somerset Ridge Center | Somerset | MA |
| Sutton Hill Center | North Andover | MA |
| Wachusett Manor | Gardner | MA |
| Westford House | Westford | MA |
| Willow Manor | Lowell | MA |
| Bradford Oaks Center | Clinton | MD |
| PowerBack Rehabilitation | Lutherville | MD |
| Caton Manor | Baltimore | MD |
| Catonsville Commons | Baltimore | MD |
| Chesapeake Woods Center | Cambridge | MD |
| College View Center | Frederick | MD |
| Corsica Hills Center | Centreville | MD |
| Crescent Cities Center | Riverdale | MD |
| Cromwell Center | Baltimore | MD |
| Fairland Center | Silver Spring | MD |
| Franklin Woods Center | Baltimore | MD |
| Glade Valley Center | Walkersville | MD |
| Hamilton Center | Baltimore | MD |
| Hammonds Lane Center | Brooklyn Park | MD |
| Heritage Center - MD | Dundalk | MD |
| Homewood Center | Baltimore | MD |
| Kingshire Manor Assisted Living | Rockville | MD |
| Knollwood Manor | Millersville | MD |
| La Plata Center | La Plata | MD |
| Layhill Center | Silver Spring | MD |
| Loch Raven Center | Baltimore | MD |
| Long Green Center | Baltimore | MD |
| Magnolia Center | Lanham | MD |
| Multi-Medical Center | Towson | MD |
| Perring Parkway Center | Baltimore | MD |
| Pines, The | Easton | MD |
| Randallstown Center | Randallstown | MD |
| Salisbury Rehabilitation and Nursing Center | Salisbury | MD |
| Severna Park Center | Severna Park | MD |
| Shady Grove Center | Rockville | MD |
| Sligo Creek Center | Takoma Park | MD |
| Spa Creek Center | Annapolis | MD |
| Springbrook Center - MD | Silver Spring | MD |
| Waldorf Center | Waldorf | MD |
| Woodside Center | Silver Spring | MD |
| Cedar Ridge Center - ME | Skowhegan | ME |
| Harbor Hill Center | Belfast | ME |
| Marshwood Center | Lewiston | ME |
| Oak Grove Center | Waterville | ME |
| Orono Commons | Orono | ME |
| Pine Point Center | Scarborough | ME |
| RiverRidge Center | Kennebunk | ME |
| Sandy River Center | Farmington | ME |
| Sedgewood Commons | Falmouth | ME |
| Springbrook Center - ME | Westbrook | ME |
| Windward Gardens | Camden | ME |
| Mooresville Center | Mooresville | NC |
| Salisbury Center - NC | Salisbury | NC |
| Country Village Center | Lancaster | NH |
| Elm Wood Center | Claremont | NH |
| Granite Ledges of Concord | Concord | NH |
| Harris Hill Center | Concord | NH |
| Holton Point | Lancaster | NH |
| Keene Center | Keene | NH |
| Laconia Rehabilitation Center | Laconia | NH |
| Lafayette Center | Franconia | NH |
| Lebanon Center | Lebanon | NH |
| Mountain Ridge Center | Franklin | NH |
| Oceanside Center | Hampton | NH |
| Partridge House | Hampton | NH |
| Pleasant View Center | Concord | NH |
| Pleasant View Retirement | Concord | NH |
| Ridgewood Center - NH | Bedford | NH |
| Arbor Glen Center | Cedar Grove | NJ |
| Barn Hill Care Center | Newton | NJ |
| Brakeley Park Center | Phillipsburg | NJ |
| Burlington Woods | Burlington | NJ |
| Cinnaminson Center | Cinnaminson | NJ |
| Claremont Center | Point Pleasant | NJ |
| Cooper River West | Pennsauken | NJ |
| Cranbury Center | Monroe Township | NJ |
| Heritage at Clara Barton | Edison | NJ |
| Holly Manor Center | Mendham | NJ |
| Inglemoor Center | Englewood | NJ |
| Jersey Shore Center | Eatontown | NJ |
| Kresson View Center | Voorhees | NJ |
| Lopatcong Center | Phillipsburg | NJ |
| Madison Center - NJ | Matawan | NJ |
| Maple Glen Center | Fair Lawn | NJ |
| Marcella Center | Burlington | NJ |
| Mercerville Center | Mercerville | NJ |
| Millville Center | Millville | NJ |
| Morris Hills Center | Morristown | NJ |
| North Cape Center | North Cape May | NJ |
| Park Place Center | Monmouth Junction | NJ |
| Phillipsburg Center | Phillipsburg | NJ |
| Residence at Forsgate, The | Monroe Township | NJ |
| Ridgewood Center - NJ | Ridgewood | NJ |
| Southern Ocean Center | Manahawkin | NJ |
| Summit Ridge Center | West Orange | NJ |
| Troy Hills Center | Parsippany | NJ |
| Victoria Commons | North Cape May | NJ |
| Victoria Manor | North Cape May | NJ |
| Voorhees Center | Voorhees | NJ |
| Waterview Center | Cedar Grove | NJ |
| Westfield Center | Westfield | NJ |
| Woodlands, The | Plainfield | NJ |
| Abington Manor | Clarks Summit | PA |
| Belvedere Center, The | Chester | PA |
| Berkshire Center | Reading | PA |
| Berkshire Commons | Reading | PA |
| Brandywine Hall | West Chester | PA |
| Brinton Manor | Glen Mills | PA |
| Carbondale Nursing and Rehabilitation Center | Carbondale | PA |
| Chapel Manor | Philadelphia | PA |
| Crestview Center | Langhorne | PA |
| Edgehill Nursing and Rehabilitation Center | Glenside | PA |
| Fairview Care Center of Bethlehem Pike | Philadelphia | PA |
| Fairview Care Center of Paper Mill Road | Glenside | PA |
| Garden Spring Center | Willow Grove | PA |
| Genesis HealthCare at Spring Mill | Phoenixville | PA |
| Gettysburg Center | Gettysburg | PA |
| Hamilton Arms Center | Lancaster | PA |
| Harston Hall | Flourtown | PA |
| Highgate at Paoli Pointe | Paoli | PA |
| Highland Center | Brackenridge | PA |
| Hillcrest Center | Wyncote | PA |
| Hopkins Center | Wyncote | PA |
| Laurel Center - PA | Hamburg | PA |
| Laurel Ridge Center | Uniontown | PA |
| Lehigh Center | Macungie | PA |
| Lehigh Commons | Macungie | PA |
| Liberty Court | Philadelphia | PA |
| Linwood Nursing and Rehabilitation Center | Scranton | PA |
| MapleShade Meadows | Nesquehoning | PA |
| Mifflin Center | Shillington | PA |
| Mifflin Court | Shillington | PA |
| Naamans Creek Country Manor | Garnet Valley | PA |
| Neshaminy Manor | Warrington | PA |
| The Oaks | Wyncote | PA |
| Orwigsburg Center | Orwigsburg | PA |
| Pennsburg Manor | Pennsburg | PA |
| Pennypack Center | Philadelphia | PA |
| Quakertown Center | Quakertown | PA |
| Residences at Chestnut Ridge | Chester | PA |
| Rittenhouse Pine Center | Norristown | PA |
| Riverstreet Manor | Wilkes-Barre | PA |
| Riverview Ridge | Wilkes-Barre | PA |
| Rose View Center | Williamsport | PA |
| Rose View Court | Williamsport | PA |
| Sanatoga Center | Pottstown | PA |
| Sanatoga Court | Pottstown | PA |
| Schuylkill Center | Pottsville | PA |
| Silver Stream Center | Spring House | PA |
| Somerton Center | Philadelphia | PA |
| Wayne Center | Wayne | PA |
| Willow Ridge Center | Hatboro | PA |
| Willowbrook, The | Clarks Summit | PA |
| Coventry Center | Coventry | RI |
| Grand Islander Center | Middletown | RI |
| Grandview Center | Cumberland | RI |
| Greenville Center | Greenville | RI |
| Kent Regency Center | Warwick | RI |
| Pawtucket Center | Pawtucket | RI |
| Warren Center | Warren | RI |
| Potomac Center | Arlington | VA |
| Westwood Center | Bluefield | VA |
| Woodmont Center | Fredericksburg | VA |
| Bel-Aire Center | Newport | VT |
| Mountain View Center | Rutland | VT |
| Rutland Healthcare and Rehabilitation Center | Rutland | VT |
| Rutland Manor | Rutland | VT |
| Saint Albans Healthcare and Rehabilitation Center | Saint Albans | VT |
| Ansted Center | Ansted | WV |
| Brightwood Center - WV | Follansbee | WV |
| Canterbury Center | Shepherdstown | WV |
| Care Haven Center | Martinsburg | WV |
| Cedar Ridge Center - WV | Sissonville | WV |
| Dawn View Center | Fort Ashby | WV |
| Hampshire Center | Romney | WV |
| Heritage Center - WV | Huntington | WV |
| Hidden Valley Center | Oak Hill | WV |
| Hilltop Center | Hilltop | WV |
| Logan Center | Logan | WV |
| Madison Center - WV | Morgantown | WV |
| Marmet Center | Marmet | WV |
| Miletree Center | Spencer | WV |
| Oak Ridge Center | Charleston | WV |
| Pierpont Center at Fairmont Campus | Fairmont | WV |
| Pocahontas Center | Marlinton | WV |
| Quarry Manor | Charleston | WV |
| Raleigh Center | Daniels | WV |
| Ravenswood Village - WV | Ravenswood | WV |
| Regency Place | Scott Depot | WV |
| Rosewood Center | Grafton | WV |
| Seasons, The | Lewisburg | WV |
| Shenandoah Center | Charles Town | WV |
| Sistersville Center | Sistersville | WV |
| Summit at Hidden Valley, The | Oak Hill | WV |
| Teays Valley Center | Hurricane | WV |
| Tygart Center at Fairmont Campus | Fairmont | WV |
| Valley Center | South Charlestown | WV |
| White Sulphur Springs Center | White Sulphur Springs | WV |
| Willows Center | Parkersburg | WV |
| Wishing Well Assisted Living Community At Fairmont Campus | Fairmont | WV |
External links [edit]
- Official website
- Definition of a Skilled Nursing Facility
- Formation Capital Website
- Formation, JER buy Genesis Health for $1.52 bln - Reuters