Gentiva Health Services, headquartered in Long Island, New York, is one of the largest providers of health care and specialty pharmaceutical services in the United States.
A publicly traded company, Gentiva is a Fortune 1000 company with $870 million in annual revenue. Gentiva is also a member of the S&P 600 index, developed by Standard & Poor's, featuring small capitalization U.S.-based stocks.
Gentiva provides health services in nearly every state in the nation and maintains over 300 U.S. locations. According to Morningstar, "Gentiva is a gentle giant...the nation's largest home health care services firm".
In 2002, Gentiva sold its specialty pharmaceutical services division, which administered infusion and injectable pharmaceuticals to patients with both acute and chronic disease, to Accredo Health Inc. for $415 million in cash and stock. Accredo, in turn, was acquired by Medco (NYSE:MHS), a former division of Merck & Co., for $2.2 billion in February 2005.
In 2006, Gentiva acquired the Atlanta, Georgia-based Healthfield Group, a U.S. provider of home health and pharmaceutical services, for $454 million in cash and stock.
