A federal bankruptcy judge on Tuesday evening approved the sale of Genesis HealthCare and its nearly 300 subsidiaries to a newly formed investment group whose bid emerged as a surprise last week.

The sale of Genesis HealthCare’s 175 nursing homes to NewGen Health for $1 billion was finalized in court late Tuesday. NewGen is a California-based ...

Bankrupt Genesis Health received court approval on Tuesday to sell its nursing homes to an outside buyer for $1 billion, just ...

A bidder who came late to the table and was selected Tuesday to buy Genesis HealthCare’s assets out of bankruptcy has a history with the former skilled nursing giant.

Genesis HealthCare selected 101 West State Street LLC after it outbid the stalking horse bidder, Genie 3 Partners LLC, ...

The new company, 101 West State Street, LLC, bid just under $1 billion for Genesis, which operates 175 nursing homes across ...

An affiliate of California-based health-care consulting firm New Generation Health LLC secured court approval to buy Genesis Healthcare Inc.'s sprawling nursing-home empire in a bid valued at roughly ...

On November 3, 2023, the U.S. District Court for the District of South Carolina issued a decision granting in large part Genesis Health Care’s (Genesis’s) motion for summary judgment in its litigation ...

DAVENPORT, Iowa — Genesis Health System and UnitedHealthcare have reached a new agreement to continue providing United customers with in-network access to medical services. Genesis officials announced ...

Genesis Health System is expanding its concept of the one-stop shop for medical care to Bettendorf. Three months after opening a multifaceted HealthPlex facility in Moline, Genesis officials announced ...