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...
Also in the News for Wednesday, April 25
Apr 25, 2018
A ‘cover-up’? That’s just what CNA calls orders to change H.R. McMaster’s clothes and her statement about his death … New Kindred at Home division looks to acquire Curo and...
Reports: Humana-Kindred merger on the table
By
Kimberly Marselas
Dec 19, 2017
Kindred assets could be divided into separate home care and facility lines.
Kindred stakeholder opposes Humana merger
By
Elizabeth Newman
Jan 02, 2018
The previously announced $4.1 billion acquisition of Kindred by Humana may have hit a snag, with one prominent stakeholder claiming the price is too low.
ArchCare to pay $3.5M to settle rehab billing complaint
By
John Hall
Mar 03, 2015
A New York nursing home chain agreed Monday to pay $3.5 million to settle government allegations it failed to prevent a rehab subcontractor from overbilling Medicare for therapy.
Also in the news for Nov. 7, 2014 . . .
Nov 07, 2014
Major LTC insurer posts $844 million loss, shares tumble … Kindred’s quarterly numbers suggest restructuring is paying off … Monkey study raises hopes of weekly injections to fend off...
Kindred Healthcare has succeeded in its quest to acquire Gentiva Health Services. The companies announced Thursday morning they would combine to create the fourth-biggest healthcare provider of any type...
$1.3 million settlement marks second recent deal over SNF supervision of therapy providers
By
Tim Mullaney
Sep 16, 2014
A Maryland nursing home company has agreed to a $1.3 million settlement over charges that it did not prevent overbilling by its contracted therapy provider, federal authorities announced Monday. This is...
Kindred named in class-action lawsuit
By
James M. Berklan
Aug 01, 2014
Kindred Healthcare plans to “vigorously” fight a lawsuit filed by some California employees alleging failure to pay minimum wage and overtime, and restricting break times, among other charges.
Also in the news for July 15, 2014 . . .
Jul 15, 2014
Accomplice in nursing home photo scandal yet to be identified … Cheap diabetes drug could keep Alzheimer’s at bay? … Kindred narrows Gentiva bid, raises offer price … AIR Act would...