On October 9, 2014 Gentiva CEO Tony Strange and COO David Causby spoke to employees about Kindred's acquiring the company. Strange said:
Kindred sees Gentiva as a key element in the post acute care delivery in the United States. We provide service in 42 states. We take care of 110,000 patients on any given night. We have 46,000 of the most dedicated, most compassionate employees in the healthcare industry. And in order to position themselves as the leader in post acute care they need a platform for home health and hospice and community care like Gentiva. So the value that has been created for shareholders through this proposal is directly attributable to the people who are on this call and that is the real value Kindred sees in Gentiva.
I promise you this. We will keep you updated as plans and more developments occur. But as I sit here today I would expect this transaction to be buttoned up sometime after the first of the year.
COO David Causby stated:
We are going to be very diligent in that process (integration) to make sure that first and foremost we protect the assets that Kindred is buying, the asset being our people and our patients. We will continue to update you on a weekly basis.Gentiva has made our great hospice a shell of its former self. The first post merger announcement plan filed with the SEC was the creation of a $10 million executive bonus pool. Gentiva senior executives will make millions in multiple ways through the sale of their company.
We need all of you to focus on taking care of our employees and being proud of this transaction.
I want to echo what Tony stated. Each of you on this call are the reason why this transaction has taken place. Your commitment, your dedication through all the things, the headwinds we've been through; you've made Gentiva a great company and each of you should be very proud of your accomplishments.
There is no pool for employees, the supposed group that created Gentiva's value. This shows what little regard do they have for their workers. Watch to see what weekly communications occur.
One thing's for sure, Gentiva's commitment to its employees is weak. Top management's commitment to self is unparalleled.
Anonymous (from Gentiva)