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- Genesis_HealthCare abstract "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).".
- Genesis_HealthCare industry Health_care.
- Genesis_HealthCare numberOfEmployees "50000".
- Genesis_HealthCare revenue "2.7E9".
- Genesis_HealthCare type Privately_held_company.
- Genesis_HealthCare wikiPageExternalLink www.formationcapital.com.
- Genesis_HealthCare wikiPageExternalLink www.genesishcc.com.
- Genesis_HealthCare wikiPageExternalLink nursing_homes_skilled_nursing_facilities.htm.
- Genesis_HealthCare wikiPageExternalLink idUSN1341169620070716.
- Genesis_HealthCare wikiPageID "11137224".
- Genesis_HealthCare wikiPageRevisionID "586602414".
- Genesis_HealthCare companyName "Genesis HealthCare".
- Genesis_HealthCare companyType Privately_held_company.
- Genesis_HealthCare hasPhotoCollection Genesis_HealthCare.
- Genesis_HealthCare industry Health_care.
- Genesis_HealthCare keyPeople "George V. Hager, Jr.".
- Genesis_HealthCare numEmployees "50000".
- Genesis_HealthCare revenue "2.7E9".
- Genesis_HealthCare wordnet_type synset-company-noun-1.
- Genesis_HealthCare subject Category:Companies_based_in_Pennsylvania.
- Genesis_HealthCare subject Category:Companies_established_in_1985.
- Genesis_HealthCare subject Category:Health_care_companies_of_the_United_States.
- Genesis_HealthCare type Abstraction100002137.
- Genesis_HealthCare type CompaniesBasedInPennsylvania.
- Genesis_HealthCare type CompaniesEstablishedIn1985.
- Genesis_HealthCare type Company108058098.
- Genesis_HealthCare type Group100031264.
- Genesis_HealthCare type HealthCareCompaniesOfTheUnitedStates.
- Genesis_HealthCare type Institution108053576.
- Genesis_HealthCare type Organization108008335.
- Genesis_HealthCare type SocialGroup107950920.
- Genesis_HealthCare type YagoLegalActor.
- Genesis_HealthCare type YagoLegalActorGeo.
- Genesis_HealthCare type YagoPermanentlyLocatedEntity.
- Genesis_HealthCare type Agent.
- Genesis_HealthCare type Company.
- Genesis_HealthCare type Organisation.
- Genesis_HealthCare type Organization.
- Genesis_HealthCare type Agent.
- Genesis_HealthCare type SocialPerson.
- Genesis_HealthCare type Thing.
- Genesis_HealthCare comment "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.".
- Genesis_HealthCare label "Genesis HealthCare".
- Genesis_HealthCare sameAs m.02r18km.
- Genesis_HealthCare sameAs Q5532813.
- Genesis_HealthCare sameAs Q5532813.
- Genesis_HealthCare sameAs Genesis_HealthCare.
- Genesis_HealthCare wasDerivedFrom Genesis_HealthCare?oldid=586602414.
- Genesis_HealthCare homepage www.genesishcc.com.
- Genesis_HealthCare isPrimaryTopicOf Genesis_HealthCare.
- Genesis_HealthCare name "Genesis HealthCare".