Strange Tony,
Our hospice will be sold yet again. In the next month or two Humana will likely spin off our hospice. They plan to buy the other 60% of Kindred at Home in the third quarter of 2021, then quickly flip our hospice to raise gross amounts of cash. My fellow hospice employees will not see a penny of the proceeds.
As for the raw deal employees have gotten from Gentiva, Kindred and Humana one can hear from Brandon Ballew, former executive.
I think caregivers have been marginalized in the past by other companies.
Ballew helped marginalize my peers with cuts to paid time off, eliminating overtime, deteriorating healthcare coverage, cutting the number of holidays and reducing the rate paid to employees working holidays.
Mr. Ballew was most recently chief operating officer of Kindred at Home. He spent 18 years with Kindred at Home.
Ballew left Kindred to head AccordCare, owned by financial rapscallion Coppermine Capital.
I fear for the future of our once great hospice. Humana made it a shell of its former self. Implementing Curo Health technology, staffing and practices had the expected impact, obscene levels of staff turnover and a 50% reduction in census. Our hospice's survival is at risk.
EBITDA and leverage are earthly pursuits of the greedy. My coworkers are tired of the machinations undertaken to enrich Kindred Hospice executives, yet again. There are no crumbs falling from their table. Marginalized caregivers cannot give and give and give without nourishment.
Anonymous
