Kindred sheds more facilities

Share this article:
Kindred Healthcare announced it will not be renewing another lease agreement with Ventas for six nursing and rehabilitation centers and two long-term care facilities.

While Kindred is a major Ventas tenant, it also announced in February that in 2013 it was terminating seven lease bundles containing 64 facilities.

Additionally, Kindred  asked in April for state and local tax breaks of nearly $68,000 in order to create 100 jobs in downtown Louisville. Kindred said the jobs reflect its expansion plans due to its RehabCare acquisition.
Share this article:

More in News

'Minor' issues at the nursing home can cause disastrous care transitions, expert warns

'Minor' issues at the nursing home can cause ...

What may appear to be minor administrative problems in a nursing home - a fax machine locked away at night or no one designated to copy paperwork - can cause ...

Long-term care facilities approach 80% worker flu vaccination rate after handing power ...

Fourteen long-term care facilities in Pennsylvania dramatically increased their staff flu vaccination rate by having a regional pharmacy take over the process, according to a report issued Thursday by the Agency for Healthcare Quality and Research (AHQR).

RACs were 'most improved' healthcare auditors for getting back money in 2013, ...

Medicare Recovery Audit Contractors dramatically stepped up their overpayment recoveries last year, returning nearly $487 million more to the government than they did in 2012, according to a new report from a federal watchdog agency.