Gentiva Health Services, Melville, N.Y., retired $68.56 million in Quantum Health Resources convertible subordinated debentures, plus accrued interest of $1.6 million, officials said.

The company used its revolving credit line with Fleet Bank to retire the notes and plans to use proceeds from the $67.5 million sale of its staffing business to Intelistaf Holdings and the Carlyle Group to reduce its debt further. The company has received Federal Trade Commission approval to sell the staffing business.

Apria Healthcare Group, Costa Mesa, Calif., has amended its credit agreement, increasing the revolving line of credit from $30 million to $50 million and bumping up the allocation for acquisitions from $125 million to $200 million, officials said.

The amended agreement also provides for a lower interest rate and extends the maturity date to Sept. 30, 2002. The company, which has $189 million of term loans outstanding under the agreement, has about $46 million in cash, officials said.

Coram Healthcare, Denver, which in August filed for Chapter 11 bankruptcy protection, won approval from the U.S. Bankruptcy Court in Delaware to access a $40 million debtor-in-possession line of credit.

While the company does not have an immediate need to access the financing, the new credit line provides Coram with additional financial flexibility, officials said.

The company, which has $252 million in debt due or redeemable in May, hopes to emerge from bankruptcy in December as a private firm.

Park Pharmacy, Dallas, recorded earnings before interest, taxes, depreciation and amortization of $454,063 for its fiscal year ended June 30. The earnings were on revenue of $11.48 million.

Earnings included the acquired results of three businesses Park purchased early this year: Dougherty's Pharmacy, Dallas, and Rx-Pro.Com, an Internet pharmacy, for six months; and Total Pharmacy Supply, Arlington, Texas, for three months. Before the acquisitions, Park, formerly Power-Cell Inc., was a developmental-stage company without operations.