Gentiva Reports Strong Second Quarter led by Home Heal...(224 42567 89597 83496 Corpo...)

Corporate expenses (17,711) (16,082) (34,290) (33,872)

Depreciation and amortization (5,602) (4,915) (10,753) (9,698)

Interest expense, net (5,319) (6,137) (10,745) (12,459)

Income before income taxes $20,592 $15,433 $33,809 $27,467

2nd Quarter Six Months

2008 2007 2008 2007

Net Revenues by Major Payer

Source:

Medicare

Home Health $161,257 $136,829 $306,362 $272,083

Other 15,727 14,858 30,301 30,146

Total Medicare 176,984 151,687 336,663 302,229

Medicaid and local government 36,608 40,331 71,974 78,659

Commercial insurance

and other (4) 132,633 115,259 261,310 225,931

Total net revenues $346,225 $307,277 $669,947 $606,819

A reconciliation of EBITDA to Net

income - As Reported amounts

follows: (2) 2nd Quarter Six Months

2008 2007 2008 2007

EBITDA (3) $31,513 $26,485 $55,307 $49,624

Depreciation and amortization (5,602) (4,915) (10,753) (9,698)

Interest expense, net (5,319) (6,137) (10,745) (12,459)

Income before income taxes 20,592 15,433 33,809 27,467

Income tax expense (5) (8,568) (6,481) (14,062) (11,676)

Net income - As Reported $12,024 $8,952 $19,747 $15,791

Notes:

1) The Company's senior management evaluates performance and allocates resources based on operating contributions of the reportable segments, which exclude corporate expe
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