Gentiva Health Services is a provider of
home health care Homecare (also spelled as home care) is health care or supportive care provided by a professional caregiver in the individual home where the patient or client is living, as opposed to care provided in group accommodations like clinics or nursing ho ...
,
hospice
Hospice care is a type of health care that focuses on the palliation of a terminally ill patient's pain and symptoms and attending to their emotional and spiritual needs at the end of life. Hospice care prioritizes comfort and quality of life by ...
and related services in the United States. Gentiva is based in
Atlanta
Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 ...
, Georgia. It is a
Fortune 1000
The Fortune 1000 are the 1,000 largest American companies ranked by revenues, as compiled by the American business magazine ''Fortune''. It only includes companies which are incorporated or authorized to do business in the United States, and for ...
company with over $1.7 billion in annual revenue. Gentiva is a member of the
S&P 600
The S&P SmallCap 600 Index (S&P 600) is a stock market index established by Standard & Poor's. It covers roughly the small-cap range of American stocks, using a capitalization-weighted index.
To be included in the index, a stock must have a total ...
index, developed by
S&P Global Ratings
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is consi ...
, featuring small capitalization U.S.-based stocks.
The company offers a range of services, including
nursing
Nursing is a profession within the health care sector focused on the care of individuals, families, and communities so they may attain, maintain, or recover optimal health and quality of life. Nurses may be differentiated from other health ...
,
physical
Physical may refer to:
*Physical examination
In a physical examination, medical examination, or clinical examination, a medical practitioner examines a patient for any possible medical signs or symptoms of a medical condition. It generally co ...
,
occupational
Employment is a relationship between two party (law), parties Regulation, regulating the provision of paid Labour (human activity), labour services. Usually based on a employment contract, contract, one party, the employer, which might be a co ...
, and
speech-language therapy,
cardiac
The heart is a muscular organ in most animals. This organ pumps blood through the blood vessels of the circulatory system. The pumped blood carries oxygen and nutrients to the body, while carrying metabolic waste such as carbon dioxide to t ...
and
pulmonary care,
disease
A disease is a particular abnormal condition that negatively affects the structure or function of all or part of an organism, and that is not immediately due to any external injury. Diseases are often known to be medical conditions that a ...
and
pain management
Pain management is an aspect of medicine and health care involving relief of pain (pain relief, analgesia, pain control) in various dimensions, from acute and simple to chronic and challenging. Most physicians and other health professionals pr ...
, and other health and medical services.
Gentiva provides
health services to over half a million patients annually
through over 420 U.S. locations in 40 states.
Its companies include Donelson, Emerald Coast, Gilbert's, Healthfield Group, Hospice of Charleston, Lazarus House, Tar Heel, Total Care, and Wiregrass.
History
Gentiva Health Services was founded on August 6, 1999 when Olsten Corporation split off its healthcare assets to form an independent, public company. Olsten Corporation was founded in 1946 by William Olsten. The company grew through the 1950s, 1960s, and 1970s. In 1971, it began focusing on its health care division under the name Olsten Healthcare. In the 1990s, its health care division began acquiring other companies. The division acquired Upjohn Health Services, and after an acquisition of Lifetime Corporation, which included Office Angels, it became the largest provider of home healthcare services, operating as Olsten Kimberly QualityCare.
In 1995 Olsten Kimberly QualityCare launched CareCentrix, and a year later, the company entered the home infusion business by acquiring Quantum Health Resources.
That same year it acquired NeuroCare Rehab Without Walls, and became the sole national provider for
Cigna
Cigna is an American multinational managed healthcare and insurance company based in Bloomfield, Connecticut. Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and se ...
. It also acquired Nurses House Call. In 1997, it changed its name to Olsten Health Services.
In 1999, Olsten Corporation split its healthcare division into an independent, publicly traded company, named Gentiva Health Services. In its first three years of independent operation, Gentiva launched its Gentiva Orthopedics, Gentiva Cardiopulmonary, and Safe Strides programs, and it also sold its pharmaceutical services division to
Accredo Health Inc. for $415 million in cash and stock
and its health care staffing unit to InteliStaf Holdings Inc. and
The Carlyle Group
The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and pri ...
.
In 2008, it launched its Neurorehabilitation and Senior Health programs. In 2009, Gentiva moved its headquarters from
Melville, New York
Melville is an affluent hamlet and census-designated place (CDP) in the Town of Huntington in Suffolk County on Long Island, New York. The population was 19,284 at the 2020 census.
History
The area was known to the Native Americans as ''Suns ...
, to
Atlanta, Georgia
Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 ...
. By 2010, it had acquired First HomeCare of Houston, Heritage Home Care Services, The Healthfield Group, Gilbert's Home Health and Hospice, Physicians Home Health Care, and Hospice of Charleston. In that same year, it acquired Mid-State Home Health, Magna Home Health, and Medicare-Certified offices of Coordinated Home HealthCare. In 2011, the company sold its majority stake in CareCentrix to Water Street Healthcare Partners.
Also in 2011, the company closed or divested 34 home health branches and nine hospice branches and sold its IDOA business to Premier Home Health Care Services, which was acquired
Odyssey Healthcare of
Augusta, Georgia
Augusta ( ), officially Augusta–Richmond County, is a consolidated city-county on the central eastern border of the U.S. state of Georgia (U.S. state), Georgia. The city lies across the Savannah River from South Carolina at the head of its navig ...
and sold its Rehab Without Walls business to Southern Home Care Services.
Its $1 billion purchase of
Odyssey Healthcare was the largest hospice acquisition in U.S. history.
In 2012, it acquired Advocate Hospice, Family Home Care Corporation and North Mississippi Hospice. In October 2013, the company acquired Harden Healthcare Holdings and Hope Hospice.
On October 9, 2014,
Kindred Healthcare
Kindred Healthcare was a post-acute healthcare services company that operated long-term acute-care hospitals and provides rehabilitation services across the United States.
Kindred's headquarters and support center were located in Louisville, Ke ...
and Gentiva announced that the companies had entered into a definitive merger agreement under which Kindred would acquire all of the outstanding shares of Gentiva common stock. The agreement was unanimously approved by the boards of directors of both companies. The transaction was valued at $1.8 billion, including the assumption of net debt.
The deal was officially signed into agreement effective January 31, 2015, with Gentiva becoming a wholly owned subsidiary of Kindred.
Divisions
Home Health
The Home Health division consists of direct home nursing and therapy services operations, including specialty programs and its consulting business. As of December 31, 2011, the Home Health segment conducted its business through more than 270 locations in 39 states. The division is separated into five geographical regions, which are further separated into geographical operating areas. Each operating area includes branch locations, through which home healthcare agencies operate.
The division offers a number of individualized home programs that are used to care for patients, by providing therapy and rehabilitation, as well as support to allow a patient to stay in their home. These programs include Gentiva Orthopedics, Gentiva Safe Strides, Gentiva Cardiopulmonary, Gentiva Neurorehabilitation, and Gentiva Senior Health. In addition the division provides consulting services to home health agencies, which include operational support, billing and collection activities, as well as on-site agency support and consulting.
Hospice
The Hospice division serves terminally ill patients and their families through more than 150 locations operating in 29 states. The division is separated into five geographic regions, which in turn are further separated into geographic operating areas, each of which includes branch locations. Depending on a patient's needs, each hospice patient is assigned an interdisciplinary team consisting of a physician, nurse(s), home health aide(s), medical social worker(s), chaplain, dietary counselor and bereavement coordinator, as well as other care professionals. Hospice services are provided primarily in the patient's home or other residence, such as an
assisted living
An assisted living residence or assisted living facility (ALF) is a housing facility for people with disabilities or for adults who cannot or who choose not to live independently. The term is popular in the United States, but the setting is s ...
residence or
nursing home
A nursing home is a facility for the residential care of elderly or disabled people. Nursing homes may also be referred to as skilled nursing facility (SNF) or long-term care facilities. Often, these terms have slightly different meanings to in ...
, or in a hospital.
The Hospice division also offers individualized programs that include a
dementia
Dementia is a disorder which manifests as a set of related symptoms, which usually surfaces when the brain is damaged by injury or disease. The symptoms involve progressive impairments in memory, thinking, and behavior, which negatively affe ...
specialty program, a cancer specialty program, a cardiac specialty program, and a
pulmonary
The lungs are the primary organs of the respiratory system in humans and most other animals, including some snails and a small number of fish. In mammals and most other vertebrates, two lungs are located near the backbone on either side of th ...
specialty program.
References
{{reflist
External links
Gentiva Health Services Official Web Site ''
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', May 22, 2001.
"City Plans Home Health Contract for Company Renamed After Fraud" ''
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', July 10, 2001.
"Feds Conclude Investigation of Payments to Gentiva" ''Long Island Business News'', November
Companies based in Atlanta
Companies based in Suffolk County, New York
Health care companies established in 1999
Health care companies based in Georgia (US State)
1999 establishments in Georgia (U.S. state)
Medical outsourcing companies of the United States
2015 mergers and acquisitions