Gentiva_Health_Services Gentiva_Health_Services

Gentiva Health Services - Definition and Overview

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 (NASDAQ: GTIV (http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GTIV&selected=GTIV))[1] (http://finance.yahoo.com/q?s=gtiv), Gentiva is a Fortune 1000 company with $1.4 billion in 2001 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 (http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ACDO&selected=ACDO)) for $415 million in cash and stock.[2] (http://www.biospace.com/news_story.cfm?StoryID=7420415&full=1).

Gentiva is headquartered in Long Island, New York.

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