Gentiva Board of Directors Unanimously Rejects Kindred’s Amended Partial Tender Offer; Announces Receipt of Alternative Proposal

Urges Stockholders Not to Tender Their Shares into Kindred’s Partial Offer
Received $17.25 All-Cash Proposal from Another Party

ATLANTA -- Gentiva Health Services, Inc. (GTIV) announced today that its Board of Directors (the “Board”), after careful consideration and consultation with its financial and legal advisors, unanimously determined to reject the partial tender offer from Kindred Healthcare, Inc. (“Kindred”) (KND) to acquire 14.9% of the outstanding shares of Gentiva for a price of $16.00 per share in cash (the "Offer"). The Board determined that the Offer significantly undervalues Gentiva’s shares, is coercive and not in the best interests of Gentiva stockholders. Accordingly, the Board recommends that Gentiva stockholders reject the Offer and not tender their shares into the Offer.

Amedisys Previews Second Quarter 2014 Results

BATON ROUGE, La., June 27, 2014  -- Amedisys, Inc. (AMED), one of America's leading home health and hospice care companies, today announced its expectations for certain financial results for the second quarter ending June 30, 2014. Amedisys anticipates second quarter revenue in the range of $300-$305 million, and adjusted earnings per share ("EPS") from continuing operations of between $0.15 and $0.20. These results are subject to completion of the quarter, as well as the Company's quarterly financial and accounting procedures, and the Company's actual results could vary from these estimates.

The Company previously announced plans to close or consolidate care centers and right-size general and administrative expenses. As a result of these initiatives, the Company has been able to improve gross margins and reduce direct and general and administrative costs, favorably impacting second quarter results.

Adeptus Health Announces Pricing of Initial Public Offering

LEWISVILLE, Texas, June 25, 2014 -- Adeptus Health, Inc. ("Adeptus" or the "Company"), owner and operator of First Choice Emergency Room, the largest network of independent freestanding emergency rooms in the United States, today announced the pricing of its initial public offering of 4,900,000 shares of its Class A common stock at a public offering price of $22.00 per share. The shares are expected to begin trading today on the New York Stock Exchange under the symbol "ADPT."

Owens & Minor to Acquire Medical Action Industries, a Leading Provider of Procedure-Based Kits and Trays

Acquisition of Medical Action aligns with Owens & Minor’s strategy of Connecting the World of Medical Products to the Point of Care^TM by expanding reach to the patient
Medical Action’s kitting capabilities complement Owens & Minor’s existing procedure-based delivery service
Expected to be accretive to Owens & Minor’s non-GAAP net income per diluted share in 2015 and thereafter

RICHMOND, Va. & BRENTWOOD, N.Y.-- Owens & Minor, Inc. (OMI), a leading healthcare logistics company, and Medical Action Industries Inc. (MDCI), a leading producer of custom procedure trays (CPTs) and minor procedure kits, announced today that the two companies have signed a definitive agreement under which Owens & Minor will acquire all outstanding shares of Medical Action for $13.80 per share in cash, representing a total transaction value of approximately $208 million, including assumed debt, net of cash. Medical Action reported $287.8 million in net sales from continuing operations for the fiscal year ended March 31, 2014, of which approximately 45% represented sales to Owens & Minor. Owens & Minor expects that the transaction will be accretive to non-GAAP net income per diluted share in 2015 and beyond.