More details about Select Rehab’s surprising acquisition of industry giant RehabCare
By
James M. Berklan
Oct 09, 2020
While the rehabilitation therapy world is still reverberating from the announcement that Select Rehabilitation has agreed to purchase its larger rival, RehabCare, leaders of the projected behemoth say...
Kindred sells off RehabCare to Select Rehabilitation in blockbuster deal
By
James M. Berklan
Oct 05, 2020
Kindred Healthcare, which swiftly exited the skilled nursing care business a handful of years ago after becoming the second-largest for-profit nursing home chain in the U.S., announced today that it is...
HHS wants Kindred dual-eligible case dismissed
By
Kimberly Marselas
Jun 14, 2018
The federal government wants a court to toss Kindred Healthcare’s attempt to collect $10.1 million in dual-eligible payments, according to legal filings reported this week.
Kindred wins court battle as voting starts today on sale to Humana, equity partners
By
Kimberly Marselas
Mar 29, 2018
A Delaware court has ruled in Kindred Healthcare’s favor, rejecting a lawsuit by a large shareholder on the eve of a scheduled vote on the company’s three-way sale.
Kindred asks shareholders to approve sale to Humana
By
James M. Berklan
Mar 08, 2018
Leaders at Kindred Healthcare have urged shareholders to approve its sale to Humana and two private equity rms. At the same time, the Louisville, KY-based provider informed shareholders that there could...
Kindred Healthcare urges shareholders to approve its sale, notes more challenges ahead
By
Kimberly Marselas
Feb 07, 2018
Kindred Healthcare this week urged stockholders to back a $4.1 billion sale to Humana and two private equity firms.
Lawmakers suspect Kindred of misspending public funds before closures at LTC facilities
By
Kimberly Marselas
Jan 17, 2018
A group of state legislators is asking Massachusetts’ attorney general to investigate Kindred Healthcare’s plans to close four nursing homes and an assisted living facility in and around Boston,...
Humana buys Kindred to build home health inroads
By
James M. Berklan
Jan 08, 2018
Kindred Healthcare has not only slid off the skilled nursing radar, it’s also been sold — to insurer Humana Inc. and two private equity partners.
Ventas said it supports Kindred acquisition
Dec 20, 2017
Ventas Inc. said it supports the acquisition of Kindred Healthcare by TPG Capital, Welsh, Carson, Anderson & Stowe, and Humana Inc.
Kindred confirms its sale for $4.1 billion in multi-firm deal
By
Kimberly Marselas
Dec 20, 2017
Kindred Healthcare announced Tuesday that its board has agreed to an acquisition by Humana Inc. and two private equity partners in all cash deal.