Professional Documents
Culture Documents
Genesis Pembroke
Center
CHYNA SPENCER
PEMBROKE CENTER
SWK-4910-001
Table of Content
Agency Mission
History
“We improve the lives we touch through the delivery of high quality
1985- “Genesis Health Ventures was established in 1985 with nine Centers and a
management team that believed nursing homes should be proactive centers of
health care, rather than centers focused solely on custodial care for the elderly.”
(Genesis, 2020)
1999-2001- “In 1999, the Federal government made cuts to Medicare, which at that
time funded the care for individuals admitted to Genesis Centers from hospitals.
Genesis Health fought to stay funded , but was forced to seek Chapter 11 protection
in 2000. In 2001, the company reorganized and reemerged as a stronger entity,
retaining its focus on delivering high quality health care.” (Genesis, 2020)
2007- “In 2007, private equity investors Formation Capital and JER Partners
assumed ownership of Genesis HealthCare, taking the Company private.” (Genesis,
2020)
2015- “Genesis HealthCare announced that effective February 2, 2015, it completed
its previously announced combination with Skilled Healthcare Group, Inc. The
combination of the two companies created one of the largest post-acute care
providers in the country, with more than 500 skilled nursing centers in 34 states.”
(Genesis, 2020)
Needs and Future Direction
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