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In October 2014, Kindred Healthcare, Inc. and Gentiva Health Services, a provider of home health care, hospice and related services in the United States, announced a merger agreement under which Kindred would acquire all outstanding shares of Gentiva common stock for $19.50 per share in a combination of cash and stock. The deal was officially ...
Gentiva Health Services is a provider of home health care, hospice, and related health services in the United States.The company is headquartered in Atlanta, Georgia.Prior to its October 2014 acquisition by Kindred Healthcare, it was a Fortune 1000 company with over $1.7 billion in annual revenue and a member of the S&P 600 index.
In July 2018, Humana joined two private equity firms in the acquisition of Kindred Healthcare. The deal provided Humana with a 40% stake in the company's home health, hospice and community care businesses, called "Kindred at Home," for approximately $800 million.
An analysis by the Washington Post last December of California hospice data found that the proportion of patients who were discharged alive from the health service rose by about 50 percent between 2002 and 2012. Profit per patient quintupled to $1,975 in California, the newspaper reported.
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Odyssey Healthcare. Odyssey Healthcare, Inc. (now operating as a subsidiary of Gentiva Health Services, Inc.) is a for-profit provider of hospice services that was co-founded in 1995 by Richard R. Burnham, David Steffy, and David Gasmire. The company was a health care startup that opened its first hospice location in 1996. [1]
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