Gentiva Reports Fourth Quarter and Fiscal 20...(Year ---...)

Date:2/18/2009

Year ----------- ----------- 2008 2007 2008 2007 ---- ---- ---- ---- Home Health $0.1 $0.1 $0.4 $0.6 Other Related Services - - - 0.1 Corporate expenses 0.5 0.2 2.3 1.7 --- --- --- --- Total $0.6 $0.3 $2.7 $2.4 ==== ==== ==== ==== 4) Operating contribution for CareCentrix was comprised of the following (dollars in thousands): 4th Quarter Fiscal Year ----------- ----------- 2008 2007 2008 2007 ---- ---- ---- ---- Gross profit $- $15,134 $42,539 $59,100 Selling, general and administrative expenses - (8,080) (24,850) (30,524) Add: depreciation - 126 385 494 --- --- --- --- Operating Contribution $- $7,180 $18,074 $29,070 ==== ====== ======= ======= 5) Commercial Insurance and Other revenues included revenues paid on an episodic basis of $14.5 million and $53.2 million for the fourth quarter and fiscal year 2008, respectively, and $9.0 million and $29.3 million for the fourth quarter and fiscal year 2007, respectively, reflecting services rendered to Medicare beneficiaries enrolled in managed Medicare plans. 6) The Company's effective tax rate was 41.6% for the fourth quarter and 16.1% for fiscal year 2008, and 37.4% and 40.9% for the fourth quarter and fiscal year 2007, respectively. Duri
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