Gentiva® Health Services Promotes David Causby to President and Chief
ATLANTA, May 13, 2014
ATLANTA, May 13, 2014 /PRNewswire/ --Gentiva Health Services, Inc. (Nasdaq:
GTIV) announced today that David Causby will assume the role of President and
Chief Operating Officer.Mr. Causby currently serves as the Company's Chief
Operating Officer and will assume the responsibilities of President consistent
with his operating responsibilities.
Tony Strange, Gentiva's Chief Executive Officer, commented, "David has done a
great job in leading the day-to-day operations of our business and his
commitment and leadership make him the ideal individual to fulfill the
important responsibilities of President, in addition to his current role as
COO. I am proud of David and his team and look forward to his continued
Mr. Causby became EVP, Chief Operating Officer in October 2013. He was
previously President of the Home Health Division since 2011. He joined Gentiva
in 2003 and most recently served as the Senior VP of Operations for the Home
Health Division. He previously held various other positions at Gentiva,
including VP of Operations for the Home Health Division, VP of Operations for
the Western Region, and VP of Operations for the Carolinas Region.
About Gentiva Health Services, Inc.
Gentiva Health Services, Inc. is one of the nation's largest providers of home
health, hospice and community care services, delivering innovative, high
quality care to patients across the United States. 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; and other therapies and
Certain statements contained in this news release, including, without
limitation, statements containing the words "believes," "anticipates,"
"intends," "expects," "assumes," "trends" and similar expressions, constitute
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements are based upon the
Company's current plans, expectations and projections about future events.
However, such statements involve known and unknown risks, uncertainties and
other factors that may cause the actual results, performance or achievements
of the Company to be materially different from any future results, performance
or achievements expressed or implied by such forward-looking statements. These
factors include, among others, the following: economic and business
conditions; demographic changes; changes in, or failure to comply with,
existing governmental regulations; the impact on our Company of healthcare
reform legislation and its implementation through governmental regulations;
legislative proposals for healthcare reform; changes in Medicare, Medicaid and
commercial payer reimbursement levels; the outcome of any inquiries into the
Company's operations and business practices by governmental authorities;
compliance with any corporate integrity agreement affecting the Company's
operations; effects of competition in the markets in which the Company
operates; liability and other claims asserted against the Company; ability to
attract and retain qualified personnel; ability to access capital markets;
availability and terms of capital; loss of significant contracts or reduction
in revenues associated with major payer sources; ability of customers to pay
for services; business disruption due to severe weather conditions, natural
disasters, pandemic outbreaks, terrorist acts or cyber attacks; availability,
effectiveness, stability and security of the Company's information technology
systems; ability to successfully integrate the operations of acquisitions the
Company may make and achieve expected synergies and operational efficiencies
within expected time-frames; ability to maintain compliance with its financial
covenants under the Company's credit agreement; effect on liquidity of the
Company's debt service requirements; and changes in estimates and judgments
associated with critical accounting policies and estimates. For a detailed
discussion of certain of these and other factors that could cause actual
results to differ from those contained in this news release, please refer to
the Company's various filings with the Securities and Exchange Commission,
including the "Risk Factors" section contained in the Company's annual report
on Form 10-K for the year ended December 31, 2013.
Financial and Investor Contact:
or John Mongelli
SOURCE Gentiva Health Services, Inc.
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