Market Overview

Home Health Care Stocks In Play Following Gentiva/Kindred Deal

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On Thursday, Kindred Healthcare (NYSE: KND) and Gentiva Health Services (NASDAQ: GTIV) announced a definitive merger agreement under which Kindred will acquire all of the outstanding shares of Gentiva common stock for $19.50 per share.

Following the announcement shares of other stocks in the home health care sector are moving:

  • Amedisys Inc. (NASDAQ: AMED) down 0.5 percent; currently $20.39.
  • Community Health Systems (NYSE: CYH) down 0.83 percent; currently $55.19
  • LHC Group Inc. (NASDAQ: LHCG) down 0.7 percent; currently $23.50.
  • Skilled Healthcare Group (NYSE: SKH) down 0.16 percent; currently $6.31
  • Almost Family Inc. (NASDAQ: AFAM) up 0.5 percent; currently $27.34.
 

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