Gentiva Health Services News

Gentiva Health Services 's stock had its "neutral" rating reiterated by Zacks Investment Research in a note issued to investors on Thursday.

The 10-second takeaway For the quarter ended Dec. 31 , Gentiva Health Services beat slightly on revenues and beat expectations on earnings per share.

The graying of America has been a theme in healthcare for at least the last 15 years, and I've seen analysts and investors apply it to med-tech companies like Johnson & Johnson , insurance companies like UnitedHealth , and a host of other facility operators and service providers.

Gentiva Health Services takes a hit despite beating Q4 estimates . Net profit slumped 71% Y/Y, and it now expects the impact of Medicare slashing reibursment rates and lowering leverage ratios to push it out of compliance with its financial covenant ratios this year.

There is no point in sugar-coating it - 2011 was a disastrous year for home health providers following a terrible 2010.

The company will unveil its latest earnings on Tuesday, Feb. 7. Gentiva Health Services provides comprehensive home health services throughout most of the United States.

Gentiva Home Health, formerly Midsouth, a part of the Gentiva Health Services family of companies, today announced that it has introduced a specialized program here for heart and lung patients, allowing Franklin County-area residents to receive the same advanced home health treatments and education that have allowed thousands of other Americans in ... (more)