Gentiva Health Services, Inc. (NASDAQ: GTIV) adopted a new shareholder rights plan May 23 following the company’s rejection of a proposal by Kindred Healthcare, Inc. (NYSE:KND) to acquire Gentiva for $1.6 billion. The new rights plan will protect Gentiva shareholders, said Gentiva Executive Chairman Rod Windley in a recent news release, adding that Kindred’s proposal […]
Gentiva
Home healthcare and hospice provider Gentiva Health Services, Inc. (NASDAQ:GTIV) saw its net revenues drop 5% to $427.7 million in the second quarter ended June 30, 2012, but cost-cutting helped the company beat analysts’ estimate of $435.2 million. The decrease in revenue compared to the second quarter of 2011 was due in part to a […]
The nation’s largest provider of home health and hospice services in terms of revenue, Gentiva Health Services, Inc. (NASDAQ:GTIV) announced on Thursday that it had acquired Advocate Hospice, located in Danville, Ind., for an undisclosed price. Advocate was founded in 2006 and is a leading provider of end-of-life care in its community. “The addition of […]
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