Gentiva

Kindred overcomes Gentiva objections, forges $1.8 billion acquisition to expand gigantic healthcare 'ecosystem'

Kindred overcomes Gentiva objections, forges $1.8 billion acquisition to expand gigantic healthcare 'ecosystem'

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Kindred Healthcare has succeeded in its quest to acquire Gentiva Health Services. The companies announced Thursday morning they would combine to create the fourth-biggest healthcare provider of any type in the United States. The $1.8 billion deal was approved by the boards of both companies, ending Kindred's five-month hostile takeover bid for the home health provider.

Life Care Centers of America doubles-down on facility-based care, sells home health business for $10 million

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Life Care Centers of America is shedding its related home health business in a $10 million sale to LHC Group Inc., the company announced.

Also in the news for July 15, 2014 . . .

Accomplice in nursing home photo scandal yet to be identified ... Cheap diabetes drug could keep Alzheimer's at bay? ... Kindred narrows Gentiva bid, raises offer price ... AIR Act would cut DMEPOS audits

Also in the news for July 1, 2014 . . .

Former assisted living worker used the facility as his "sexual hunting ground," judge states ... Kindred blasts Gentiva's latest move to scuttle hostile takeover ... FDA approves inhaled insulin diabetes treatment

Three signs of the Apocalypse (for traditional senior living)

Three signs of the Apocalypse (for traditional senior living)

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It's a rare day when we don't get a new press release touting the latest property merger or acquisition. Virtually all of them tend to memorialize participants who are trying to move up or move on.

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