In case you missed it, here are the most popular stories grabbing Home Health Care News’ readers attention this past week: Home Health Focus Starts Paying Off for Kindred — A month following the finalization of its acquisition of home health provider Gentiva Health Services, Kindred Healthcare (NYSE: KND) reported that its strategy to focus on […]
Gentiva
Kindred Healthcare last week announced strong earnings from its home health operations, and leaders at the large post-acute provider championed home health as a vitally important part of the evolving U.S. health care system. The Kindred at Home division posted 31% revenue growth in the fourth quarter of 2014, compared with the same period a […]
Policy changes, blockbuster mergers and acquisitions, as well as layoffs, closings and caregiver labor debates characterized the home health and hospice sector in 2014. Mounting reimbursement pressures forced some of the nation’s largest provider to shutter operations and lay off hundreds at some locations, while other big players turned to the acquisition market to fuel their […]
Kindred Healthcare, Inc. (NYSE: KND), the nation’s largest provider of integrated post-acute care and rehabilitation, recently announced that it has signed a definitive merger agreement to acquire Centerre Healthcare Corporation for approximately $195 million in cash. Centerre currently operates 11 inpatient rehabilitation hospitals with 612 beds in partnership with some of the nation’s leading acute care hospital […]
With talks heating up in recent months around two possible acquirers for major home health and hospice provider Gentiva (NYSE: GTIV), the company says regardless of a possible merger, it’s positioning itself to be a major presence in the post-acute care sector. Kindred Healthcare (NYSE: KND) and an unnamed party have upped their bids for […]
The ever-persistent Kindred Healthcare, Inc. (NYSE:KND) has yet to be deterred in its ongoing quest to purchase Gentiva Health Services, Inc. (NASDAQ:GTIV), as it reiterated its offer to buy the company Tuesday. As previously announced last week, Kindred is willing to enter into a negotiated agreement to acquire all of Gentiva’s outstanding shares for a […]
The ongoing purchase offers and subsequent rejections between Kindred Healthcare, Inc. (NYSE:KND) and Gentiva Health Services, Inc. (NASDAQ:GTIV) has invited a new player into the mix, one that analysts assume is likely a private equity suitor for the latter home health giant. Monday, Kindred solicited its newest proposal to Gentiva in response to the company’s […]
Major home health care provider Gentiva Health Services, Inc. (NYSE:GTIV) rejected the latest offer from home health giant Kindred Healthcare Inc. (NYSE: KND) Thursday, but a third party may be entering the bidding ring — and is upping the anty. Gentiva rejected Kindred’s offer to acquire 14.9% of the outstanding shares of Gentiva for a price of $16 […]
Gentiva Health Services (NASDAQ:GTIV) has rejected Kindred Healthcare’s (NYSE:KND) latest bid to buy the company, saying it significantly undervalues Gentiva and is not in the best interests of its shareholders. In the most recent bid, Kindred offered to acquire all outstanding shares of Gentiva’s common stock for $14.50 per share, making the deal a $1.7 billion acquisition. […]
In the latest move of Kindred Healthcare’s ongoing quest to buy Gentiva Health Services, Kindred (NYSE:KND) has sent a letter to the Gentiva (NASDAQ:GTIV) board of directors, telling the company to reconsider its pursuits of acquiring Amedisys Inc. (NASDAQ:AMED). The acquisition, Kindred writes, would disenfranchise Gentiva shareholders. Instead, Kindred urges the board to discuss its “highly […]
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