Gentiva Health Services Sees 2011 EPS of $2.70 to $2.80

Gentiva Health Services, Inc. GTIV today announced its financial outlook for 2011 and reaffirmed its previously disclosed outlook for 2010. Gentiva continues to expect 2010 full-year net revenues to be in the range of $1.42 billion to $1.45 billion and adjusted income from continuing operations to be $2.75 to $2.80 on a diluted per share basis. For 2011, Gentiva expects full-year net revenues to be in the range of $1.90 billion to $1.95 billion and adjusted income from continuing operations to be $2.70 to $2.80 on a diluted per share basis. Gentiva's 2011 outlook includes the full-year impact of its Odyssey HealthCare, Inc. acquisition and the final rules regarding Medicare home health reimbursement rates for 2011 which were issued by the Centers for Medicare & Medicaid Services (CMS) on November 2, 2010.