“Gentiva” is a familiar name in the home-based care space. The latest use of that name is through the newly established Gentiva, which is a home-based care provider formed out of the divested assets of what used to be Kindred at Home. When Humana Inc. (NYSE: HUM) completed its acquisition of Kindred at Home – […]
The nation’s largest home health care provider has formed a new business division and hired an executive to run it. Louisville-based Kindred Healthcare (NYSE: KND) has tapped Brian Holzer, M.D., to serve as president of the new division, Kindred Innovations. Holzer’s appointment is effective as of June 5, the company announced in a May 30 […]
Addus HomeCare Corporation (Nasdaq: ADUS) has hired a new executive vice president and chief operating officer, effective January 16, 2017. The new hire, W. Bradley Bickham, has a robust background in the health care sector. Most recently he was the senior vice president and chief legal officer for one of the largest ambulatory surgery center […]
Many home health providers also offer hospice care, but tangled rules sometimes prevent patients from receiving these services at the same time. This has led to some changes at the national level, such a Medicare program to allow simultaneous hospice and curative care. At the state level, a leader at one agency in Mississippi took matters […]
Gentiva Health Services last week approved a $6.5 million settlement stemming from a class action lawsuit filed by investors who claimed to have been harmed by a securities fraud scheme. In November 2010, a former named plaintiff in the case filed a securities fraud class action on behalf of investors who purchased publicly-traded securities of […]
Kindred Healthcare, Inc. on Tuesday finalized its acquisition of Gentiva Health Services, Inc., completing a $1.8 billion acquisition marked by hostile moves and countermoves. The addition of Gentiva makes Kindred the largest home health and hospice operator in the country, as well as one of the largest post-acute providers, according to the company. With an […]
Given the $1.8 billion merger of Kindred Healthcare, Inc. (NYSE: KND) and Gentiva Health Services, Inc. (NASDAQ: GTIV), it’s no surprise health care M&A activity broke records in 2014. The home health and hospice sectors, alone, saw a 27% increase in deals — from 15 in the third quarter to 19 in the fourth quarter […]
After a summer-long bid war and months of subsequent hush-hush, it finally happened: Kindred Healthcare, Inc. (NYSE: KND) and Gentiva Health Services, Inc. (NASDAQ: GTIV) have agreed to merge in a deal valued at $1.8 billion that will create a national powerhouse in the home health and post-acute care sector. WIth the agreement reached Thursday, […]
Following an ongoing series of acquisition rejections, Kindred Healthcare (NYSE:KND) has again increased its offer to buy Gentiva Health Services (NASDAQ:GTIV). Gentiva recently rejected Kindred’s offer to acquire all outstanding shares of the company’s common stock for $14.50 per share, saying the offer undervalued the company and was not in the best interests of its shareholders. […]
After repeatedly rebuffing purchase proposals from Kindred Healthcare, Inc. (NYSE:KND), Gentiva Health Services, Inc. (NASDAQ:GTIV) has a favorable outlook on its second quarter financial performance, as earnings expectations remain high for the sought after company. For the second quarter ended June 30, 2014, Gentiva anticipates net revenues of $496 million, a 19.7% increase compared to net […]
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