An American health care company, Gentiva Health Services is the largest provider of home health and specialty pharmaceutical services in the United States. Publicly traded [1], Gentiva is a Fortune 1000 company with $1.4 billion in annual revenue. The company provides health services in nearly every state in the nation and maintains over 300 locations nationally.
In 2002, in one of the largest health care transactions of the decade, Gentiva sold its specialty pharmaceutical services division to Accredo Health Inc. (NASDAQ: ACDO) for $415 million in cash and stock [2]. Accredo, in turn, was acquired by Medco (NYSE:MHS), (a former division of Merck & Co.), for $2.2 billion in February, 2005 [3].
Headquartered in Long Island, New York, Gentiva remains the country's largest provider of home health care and related health services.
External link
Last updated: 09-12-2005 02:39:13
