Mar14
ATLANTA(BUSINESS WIRE) Edge Healthcare Partners, LLC is pleased to announce that Gentiva Health Services, Inc. has sold its respiratory therapy, home medical equipment and infusion therapy businesses (collectively, the Division?) to Lincare Holdings Inc., a [...]
Feb23
Lincare Holdings Inc. – Financial Analysis Review : New Company and Market AnalysisLincare Holdings Inc. (Lincare) is engaged in providing oxygen, respiratory therapy services, infusion therapy services and home medical equipment such as hospital beds, wheelchairs and other medical supplies to the home health care market. Principally it serves the patients suffering from chronic obstructive [...]
Feb8
CLEARWATER, Fla. Lincare Holdings Inc. on Monday said its fourth-quarter profit fell, due in part to cuts in Medicare reimbursement.The company reported income of $40.6 million, or 61 cents per share, compared with $55.6 million, or 76 cents per share, in the same quarter of the prior year.Revenue fell to $405.8 million from $415.1 [...]
Feb7
CLEARWATER, Fla., Feb. 8 /PRNewswire-FirstCall/ Lincare Holdings Inc. (Nasdaq: LNCR) today announced financial results for the fourth quarter and year ended December 31, 2009.For the quarter ended December 31, 2009, net revenues were $405.8 million, compared with net revenues of $415.1 million for the fourth quarter of 2008. The Company estimates that the 2% [...]
Feb3
ATLANTA, Feb. 4 /PRNewswire-FirstCall/ Gentiva Health Services, Inc. (Nasdaq: GTIV), a leading provider of comprehensive home health services, announced today that it has sold its businesses providing respiratory therapy and home medical equipment, and infusion therapy to a subsidiary of Lincare Holdings Inc. (Nasdaq: LNCR) in an all-cash transaction. Terms were not disclosed.Included in [...]