KENNETT SQUARE, Penn. (WVLT) – Genesis HealthCare, the provider who runs two retirement homes in the East Tennessee region, has filed for bankruptcy. An announcement from the company said the filing shouldn’t impact seniors at Genesis facilities.
“This process is designed to ensure that the Company can continue operating in a seamless manner, while also allowing the Company to address its legacy liabilities associated with previously divested operations,” the announcement said.
Genesis runs two facilities in East Tennessee with a combined 259 beds: Willow Ridge Center in Maynardville with 77 beds for residents and Cumberland Village in LaFollette with 182 beds…