Kindred Healthcare has completed its purchase of Gentiva Health Services in a deal valued at $1.8 billion, including assumed debt.
Breier named new CEO at Kindred
By
James M. Berklan
Oct 31, 2014
Kindred Healthcare announced Thursday that it has chosen a new top executive to lead its push toward creating a mammoth national brand. Benjamin A. Breier, the company’s current president and COO,...
Some unsolicited advice to Genesis: Good luck with the new ‘owners’
By
John O'Connor
Aug 22, 2014
This week’s blockbuster deal has private equity-backed Genesis HealthCare combining with Skilled Healthcare Group.In some ways, these sorts of marriages seem all but inevitable. After all, in the...
Kindred launches hostile takeover bid for home health company Gentiva, deal valued at $1.6 billion
By
Tim Mullaney
May 16, 2014
Kindred Healthcare has launched a hostile takeover to acquire home health company Gentiva, announcing a $533 million bid Thursday. The total deal would be valued at $1.6 billion, including assumed debt.
Providers strive to diversify services, payment streams
By
Tim Mullaney
Mar 01, 2014
Companies in the post-acute sector have been seeking deals to diversify their services and limit their reliance on Medicare, according to a recent analysis from investment banking firm TripleTree.
Post-acute providers are merging to reduce Medicare exposure and expand their menu of services, market...
By
Tim Mullaney
Feb 05, 2014
Post-acute providers are seeking deals that diversify their services and limit financial exposure related to Medicare reimbursement rates, according to an analysis from investment banking firm Triple Tree.
Odyssey to pay $25 million in settlement
By
McKnight's Staff
Feb 28, 2012
Odyssey Hospice has agreed to pay the U.S. Department of Justice a cash settlement of $25 million. Odyssey, which was acquired in 2010 by Gentiva Health Services, was investigated by the DOJ for continuous...