Kindred Proposes $1.6 Billion Purchase of Major Home Health Provider

In a move mirroring the mega merger of Brookdale-Emeritus, home health juggernaut Kindred Healthcare, Inc. (NYSE:KND) has its sights set on acquiring a major competitor Gentiva Health Services, Inc. (NYSE:GTIV) in a deal valued at $1.6 billion. Under the proposal, Kindred would acquire all of the outstanding shares of common stock of Gentiva for a […]

Gentiva and University Hospital Joint Venture Pilots New Senior Care Model

Gentiva Health Services (NASDAQ:GTIV), national provider of home health care, said this week it has formed a partnership with a university-affiliated hospital in an effort toward creating a new post-acute care model for senior patients.  Through a partnership with Wake Forest Baptist Medical Center, the company will operate Wake Forest Baptist Health Care at Home […]