Gentiva Health announces completion of SEC investigation Gentiva Health Services announced that it has been advised by the staff of the SEC that the investigation by the SEC related to the company's participation in the Medicare Home Health Prospective Payment System has been completed and that the staff does not intend to recommend any enforcement action by the SEC. The company had previously reported the existence of this investigation in July 2010.
Gentiva Health stockholders approve combo with Kindred Healthcare Gentiva Health Services (GTIV) announced that all proposals necessary for the combination with Kindred Healthcare (KND) were approved by Gentiva’s stockholders at the company’s Special Meeting of Stockholders. Gentiva and Kindred expect to complete the transaction on February 2. As previously announced, on October 9, Kindred and Gentiva entered into a definitive agreement under which Kindred will combine with Gentiva for $14.50 per share in cash and 0.257 shares of Kindred common stock based upon an agreed upon fixed exchange ratio.