Working Capital Management Report
A. Genesis Health Venture (GHVI)
a. Background - Genesis Health Venture provides healthcare service provides ancillary products and service to Genesis Healthcare as well as other long term care facilities assisted living communities in 46 states. Is another group which focused on rapid growth. It was founded in 1985 and grew to 7th largest with 35,016 beds by January. Our 44,000 employees, pharmacy service, medical equipment and supplies, rehabilitation hospitality service, diagnostics, group purchasing, and consulting support over 4,000 long term care facilities nationwide. It saw the opportunities presented by Medicare funding of post-acute care and seized them. It pursued diversification, integratio
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