I asked Gemini why their AI published the wrong percentage and it told me I was confusing Humana's 40% equity stake with Gentiva's operating in 35 states. Who knew Gemini wrote comedy? I did have a hearty laugh, albeit at Gemini's expense.
For over two years Humana's 10-K has clearly stated the company owned approximately 35% of Gentiva Hospice. 40% is a historical figure from their deal with TPG and Welsh, Carson, Anderson & Stowe (WCAS). It also was the original percentage when Humana sold 60% of Gentiva to Clayton, Dubilier & Rice (CDR) in August 2022.
A Humana 10-K filing stated "at December 31, 2023 we owned approximately 35%." That 35% has remained constant for fiscal years ended December 2024 and 2025.
Gemini wrote that Humana's recent press release stated this 40% figure. Google could not find that in the actual press release, which only state "minority interest."
AI cited Hospice News as its source. Therein lies the problem. That publication has been a longtime disappointment for hospice workers wanting some help in challenging greedy management.
Private equity underwriters (PEU) found hospice long ago and have been playing an accumulation/spinoff/IPO game I lived it at Gentiva after Humana et al bought Kindred at Home in June 2018. It was highly distasteful, even cruel.
Politicians Red & Blue love PEU and their TechGod brethren, who together bring us garbage AI, hyperscale data centers and an inattention to actual feedback. The little people are supposed to take what they give us.
Therefore, I must apologize to Gemini for mixing up the 40% ownership number from 2022 with the number of states Gentiva operates within. I promise to forget the more up to date information in Humana's SEC filings. Now, doesn't everyone feel better in our new irreality?
This situation is not a runaway Waymo vehicle or targeting a girl's school on day 1 of Trump II's disastrous war with Iran, but it does not lead me to use AI again. And for that I am truly grateful.
