Sunday, October 4, 2015

Paul Diaz Gives Away Roughly 25% of his KND Stock


Longtime Kindred President Paul Diaz stepped away from day to day responsibilities in March, elevating to Vice Chairman of Kindred's Board.  Last week Diaz gave away over 100,000 of his 400,000 shares of Kindred stock to an unknown entity.  On September 25th the gift was worth over $1.9 million.  The filing did not indicate if Diaz gave the stock to a relative or a nonprofit, like the University of Louisville where Diaz sits on the Board of Trustees.

The timing may be coincidental but two top Kindred leaders sold or gave away millions in stock in the last few weeks.  Kindred's stock happened to take a beating over this period, down some 25%.  Trading volume soared as well as the third quarter came to a close.  We live in interesting times.

Anonymous (from Gendred, a Gentiva-Kindred company)    

Sunday, September 27, 2015

Corporate Toxins


Retirement remains wonderful.  I was surprised by the time it took to detoxify from Generic Hospice.  It wasn't physically demanding like drug withdrawal but it took weeks to a full month for my body to expel Generic's corporate toxins.    I realized their poisons arose from company psychopathy, characterized by a corporate brain hyper-sensitive to reward and under-sensitive to the suffering of others.  I venture that's what you're experiencing at your hospice site.

Beware.  The corporate psychopathic brain is vengeful, hypersensitive to punishing those it views as being in opposition.  It is both emotional and logical, given opposers could hurt their chances for reward. 

You think you're making points that thoughtful leaders would explore.  Their myopia sees their career or the company at risk.  It also underlies what you describe as Gentiva executives' penchant for personalizing issues (shooting the messenger) and retaliating.

I imagine it's a very dangerous time in the life of Gentiva-Kindred employees.  A shiny, new corporate image must be upheld and merger promises must be met, thus ensuring top leaders get their out-sized rewards.  The pyschopathic corporation does not play fair and it knows no bounds.  Everything is permissible as long as management wins for themselves.  I hope you win the lottery and can join me in retirement.


Kindred Endorses Gentiva's Abusive Management


I receive e-mails from fellow employees sharing their stories of management malfeasance.  I'd love to share them but Gentiva's leaders are so vengeful I can't risk doing so.  We all have to earn a living and many of us choose to ignore our limited bosses to help patients in our community or simply to make a living..   

I have good friends in HR, thankfully not with Gentiva.  They were shocked when I told them some of the things management has said to our staff.  It's consistently weird, like they have one hand open inviting us to speak our thoughts and the other hand cocked, ready to beat whoever says the wrong thing.

The wrong thing is any truth that conflicts with the company's dictates.  It matters not if the truth comes from patients or employees.  Both are easily discounted and cast aside.  Heaven forbid anyone disturb the illusion that the company can have it all.  Where in Kindred's or Gentiva's mission, vision or values does it state management should be enriched beyond measure?  Nowhere, but that's clearly the top priority.

I had a modicum of hope Kindred would bring sanity to Gentiva's management absurdities but that has not been the case.  Fortunately, we have intrinsically motivated staff who support one another.  We've learned not to expect much from our limited leaders and to vigorously shower after prolonged contact. Retirement, it's a nice long term vision.  How's yours?

Anonymous (from Gendred, a Gentiva-Kindred company)

Tuesday, September 22, 2015

Breier's 122,625 Share Stock Sale


Kindred's President Ben Breier disposed of 122,625 shares for $19.15 per share on September 20, 2015.  That represented 22% of Breir's total shares of Kindred.  The reason for his sale of nearly $2,350,000 in stock is:

F — Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3

If $2.3 million is his tax liability Breier is getting a monster vesting. When will it hit?

Anonymous (from Gendred, a Gentiva-Kindred company)

Monday, September 21, 2015

Survey Says Management Doesn't Care to Know


The employee survey showed management does not communicate with staff, management does not support or show appreciation to staff, and employees have gone long periods without raises and feel underpaid.  Management's response is "we don't really know who employees are talking about and what their specific issues are in each area.  Thus, we don't know how to respond."

They can't stick their heads out of their office door and ask the seventy something clinicians and support staff for clarification?  The survey group hasn't gone anywhere and are readily available to explore the results.  Management doesn't want to know, which reinforces that they don't care.  I'll be shocked if anyone fills out the survey next year.  It's Dilbert in action at our hospice site. 

Anonymous (from Gendred, a Gentiva-Kindred company)

Tuesday, September 15, 2015

Kindred's Skeleton Dance


It seems Gentiva's new owners have yet more skeletons in their closet:

PharMerica Corp. and Kindred Healthcare have agreed in principle to out-of-court settlements in a whistleblower suit that implicated the companies in alleged massive kickback schemes involving a popular anemia treatment medicine.

Amgen paid kickbacks to PharMerica, the second-largest pharmacy services company in long-term care, and Kindred Healthcare Inc., an operator of hospitals, LTAC hospitals, nursing homes and more, to induce providers and pharmacists to switch patients from the drug Procrit to Amgen's drug Aranesp.

Settlement details are expected with 45 days.  The second story could produce skeltons at a Kindred hospital in California:

The striking nurses say working without a contract is not helping when it comes to patient care. Management has delayed an agreement for 20 months and during that time, the poor conditions that led us to organize in the first place, have continued to erode," says Janet Williams, an RN in the Medical/Surgical Unit who has worked there for more than 14 years, says in a union statement. "We feel we have no choice but to strike to ensure that these issues are addressed so we can deliver the highest quality of care for our patients all year long."

The last potential skeleton arose from a man who settled with Medicare for $1.7 billion for his company's fraudulent activities:

On Aug. 3, Florida Governor Rick Scott ordered audits on 29 hospitals that failed to meet an Aug. 1 deadline for the requested information. All the Kindred Hospitals were part of that list, including one in Ocala. Shands Live Oak Regional Medical Center in Suwannee County and Lake Butler Hospital in Union County also were on that first list.

Gentiva is now a Kindred company.  Apparently, the buyer is as corrupt as Gentiva's former senior management team.

Anonymous (from Gendred, a Gentiva-Kindred company)

Saturday, August 29, 2015

Making Sense of Performance Nonsense


I received my performance review yesterday.   It was plain and simple a character assassination, crudely crafted with no supporting information.  The harshest of words were not spoken but planted like a cluster bomblet to come across later.  A year's worth of hard work had been effectively reduced to two sentences.

"You are to check your mind at the door.  Your thoughts, opinions, knowledge and experience are expressly not wanted here."

Later that day a co-worker sent me a handwritten note.  It said:

"I received your thank-you note and words of appreciation.  Very thoughtful and kind of you, so freely given.  It is yet another example of the difference between Law and Spirit.  When extrinsic Law is twisted or absent, Spirit can still work its magic, welling up from within.

You are the one deserving of thanks, for noticing a need and building another bridge to facilitate the addressing of that need.  To me the process you fostered is the true supervision, the "epi-scopos" of early Christian communities.  It was to be a service, not a dominion.  As we've discussed many times, our society's companies are drunk on authoritarian pyramid which uses money and dismissal as its shackles and lashes.  All the more insidious today in its sheep's clothing of shiny websites and hollow mission statements.

Thank you for taking the lonely path of the Hero.  It doesn't matter whether it holds you in hospice or leads you elsewhere; it's golden and God-breathed, and it's in your blood and bones.  Peace, friend!"

My true performance feedback arose from someone I work alongside in the service of others.  That I will treasure in contrast to the nonsense from the person I report to in the organizational chart.  I cut their's into perforated strips with segments sized roughly four inches by four inches.  That way I can properly recycle the material.

Anonymous (from Gentiva a Kindred company)