Gentiva Health Services
Kindred Healthcare has completed its purchase of Gentiva Health Services in a deal valued at $1.8 billion, including assumed debt.
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, talked to McKnight's about his plans.
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 outcomes-based post-acute world that's emerging, size and scale are the flavors du jour.
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.
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 analyst saysFebruary 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 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 care services given between Jan. 1, 2006 and Jan. 22, 2009.