Genesis Healthcare, Inc. Announces Executive Changes
November 12, 2021 at 08:00 am EST
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Genesis Healthcare, Inc. announced that Chief Operating Officer, Paul Bach; Chief Nursing Officer, JoAnne Reifsnyder have each provided notice that they will leave the company. The departures of Mr. Bach and Dr. Reifsnyder will be effective December 1, 2021. The Company welcomes Melissa Powell as the Company?s Chief Operating Officer. Ms. Powell has been President and Chief Operating Officer of The Allure Group, a New York City-based nursing home operator nationally recognized for quality, since 2010. Ms. Powell has 20 years of experience coordinating, assessing, and improving senior care utilizing the market-focused model in New Jersey and New York. Ms. Powell has driven specialized programs, a culturally sensitive approach, significant technology changes, and an environment of compassion and comfort. This approach has dramatically reduced readmission rates, bolstered census successes, turned around surveys in homes, and increased star ratings. Mike Sherman, the Company?s current Senior Vice President - General Counsel, will take on an expanded strategic role as the Company?s Executive Vice President and Chief Legal Officer. Mr. Sherman, a well-respected liaison to the Board with decades-long experience within Genesis, will have oversight responsibility for legal, compliance, government relations, and mergers and acquisitions. Among other roles, prior to becoming General Counsel, Mr. Sherman was the Senior Vice President of Mergers and Acquisitions.
Genesis Healthcare, Inc. is a holding company. The Company provides services to skilled nursing facilities and assisted/senior living communities. It also specializes in contract rehabilitation therapy, respiratory therapy, physician services, staffing services, and accountable care. It provides approximately 250 skilled nursing centers and senior living communities in 22 states nationwide. Its subsidiaries also supply rehabilitation therapy to approximately 1,400 locations in 43 states and the District of Columbia. It offers a range of services, which include rehabilitation therapy, memory support, long-term care, and assisted/senior living. Its rehabilitation therapy includes transitional care, short stay care, ventilator rehabilitation, dialysis, cardiac management, and pulmonary management. Its long-term care service provides 24-hour skilled nursing services for elderly residents and people with a chronic condition or a prolonged illness. It also offers hospice care services.