Strange Tony,
The Toledo Blade reported on the delayed closing of Gentiva's purchase of ProMedica's hospice division due to antitrust concerns in certain markets.
The article said ProMedica's pushed back a debt repayment by several weeks as a result of the delay. That means the closing could be imminent.
Anonymous
speedbump
ReplyDeletemeanwhile these guys are toast
https://seekingalpha.com/news/4005762-enhabit-home-health-hospice-confirms-exploration-of-strategic-alternatives
Dang, Enhabit just got spun off from Encompass on July 1, 2022. Financial rapscallions have no patience. Greed is as greed does.
ReplyDelete“The most significant hospice deal of the past year is Gentiva’s pending acquisition of the Heartland business from ProMedica.”
ReplyDeleteHospiceNews story yesterday
https://hospicenews.com/2023/08/31/the-most-significant-hospice-deals-so-far-in-2023/
Meanwhile Provident Healthcare Partners said:
ReplyDelete“[We’re] expecting to see several other large transactions in the back half of 2023 that are currently out to market or coming out to market shortly.”
Triage Nurse said of Gentiva:
ReplyDelete"company more concerned with bottom line then employees and not well-organized IT or HR"
Gentiva Volunteer Coordinator said:
"Toxic workplace with no guidance from corporate. No training provided. Horrible tech support and disorganized. There is no support for the volunteer program."
Nurses recently wrote about Gentiva on Glassdoor:
ReplyDeleteThe call schedule is brutal. They will take your life.
Poor work-life balance and Micromanaging
Company more concerned with bottom line then employees and not well-organized IT or HR