Kindred may be eyeing sale

Share this content:

Kindred Healthcare Inc. may be exploring a full sale along with its exit from the skilled nursing sector, Reuters reported in April.

The healthcare giant was rumored to be working with investment banks on the early stages of a sale after a year of dropping shares and a rocky industry environment, sources said. 

Kindred CEO Benjamin Breier, during an earnings call in May, called the rumors “noise” created by the company's skilled nursing exit, which is expected to be completed by the end of this year.