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About Gentiva Health Services, Inc.
Gentiva Health Services, Inc. is the nation's leading provider of
comprehensive home health services. The Company serves patients across the
United States, through its direct service delivery units or through
CareCentrix(R), which manages home health services for major managed care
organizations. Gentiva is a single source for skilled nursing; physical,
occupational, speech and neurorehabilitation services; hospice services;
social work; nutrition; disease management education; help with daily
living activities; respiratory therapy and home medical equipment; infusion
therapy services; and other therapies and services. Gentiva's revenues are
generated from federal and state government programs, commercial insurance
and individual consumers. For more information, visit Gentiva's web site,
http://www.gentiva.com, and its investor relations section at
http://investors.gentiva.com. GTIV-E
(tables and notes follow)
(in 000's, except per share data) 2nd Quarter Six Months
2008 2007 2008 2007
Statements of Income
Net revenues $346,225 $307,277 $669,947 $606,819
Cost of services and goods sold 194,745 176,276 381,944 346,397
Gross profit 151,480 131,001 288,003 260,422
Selling, general and
administrative expenses 125,569 109,431 243,449 220,496
Operating income 25,911 21,570 44,554 39,926
Interest expense (5,592) (6,946) (11,685) (14,085)
Interest income
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