[1] The company that was formerly based in Dallas, TX and now in Atlanta, Georgia, is one of the largest providers of hospice health care and related services in the United States.
Odyssey Hospice has locations in Alabama, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Louisiana, Massachusetts, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Jersey, New Mexico, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington and Wisconsin.
[3] In 2001, Odyssey Healthcare made the decision to make its first initial public offering (IPO) of stock after finishing its first profitable year in 2000.
[4] In October 2004, Odyssey decreased its profit projections and announced that it had been under investigation by the United States Department of Justice since the prior month.
On October 18, 2004, as a result of the investigation and lower financial projections, Odyssey's investors lost $289 million, with its shares dropping 47 percent.