News and Press Releases

Joint venture will construct and operate a 40-bed hospital in Sacramento LOUISVILLE, KY. and SACRAMENTO, CA. (August 8, 2018) – Kindred Healthcare, LLC (“Kindred”) and the University of California, Davis (“UC Davis”) today announced that they have signed a definitive…

Company now operates 22 inpatient rehabilitation hospitals in 11 states LOUISVILLE, Ky. (July 12, 2018) – Kindred Healthcare, LLC (“Kindred”) today announced the opening of Community Rehabilitation Hospital South in partnership with Community Health Network…

LOUISVILLE, KY, SAN FRANCISCO, and NEW YORK (July 2, 2018) – Humana Inc. (NYSE: HUM), TPG Capital (TPG) and Welsh, Carson, Anderson & Stowe (WCAS) (collectively, the Consortium) today announced the completion of the previously announced acquisition of Kindred Healthcare, Inc.…

Transaction Expected to Close in Summer of 2018 LOUISVILLE, Ky.--(BUSINESS WIRE)--Apr. 5, 2018-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that at its special meeting of stockholders, stockholders approved the transaction with…

Kindred Special Meeting of Stockholders to be Held as Scheduled on March 29, 2018 at 10:00 a.m. Eastern Time Urges Stockholders to Vote “FOR” the Value-Maximizing Transaction TODAY March 27, 2018 06:40 PM Eastern Daylight Time  LOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare,…

Egan-Jones Joins ISS in Recommending Kindred Stockholders Vote “FOR” the Value Maximizing Transaction Today LOUISVILLE, Ky.--(BUSINESS WIRE)--Mar. 21, 2018-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that leading proxy…

Kindred Reminds Stockholders to Vote “FOR” the Value Maximizing Transaction Today LOUISVILLE, Ky.--(BUSINESS WIRE)--Mar. 19, 2018-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that leading independent proxy advisory firm…

Transaction Valued at Approximately $4.1 Billion; 27 Percent Premium to 90-Day VWAP Transaction Will Result in Two Separate Companies Kindred at Home Will Enhance Access to Care and Reduce Costs for People Living with Chronic Conditions Specialty Hospital Company Is Uniquely Positioned to Care for…

Sale Proceeds from the Recent Transaction Closings Approximated $31 Million Recent Transaction Closings Covered 12 Skilled Nursing Facilities and One Assisted Living Facility Held for Sale Company has Completed Sale or Operational Transfer for 90 of 96 Facilities Held for Sale LOUISVILLE,…

LOUISVILLE, Ky. – Kindred Healthcare Inc. and the University of Louisville have formed an innovative partnership focused on creating health care technology solutions that improve the lives of the aging population. The partnership, which is being called HIVE, is housed in 3,500 square feet of…

LOUISVILLE, Ky. , Oct. 03, 2017 (GLOBE NEWSWIRE) -- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it will provide an online, real-time webcast of its conference call covering third quarter 2017 operating results on Tuesday, November…

Sale Proceeds from the Additional Transaction Closing Approximated $108 Million Transaction Closing Covered 12 Skilled Nursing Facilities and Four Assisted Living Facilities Held for Sale LOUISVILLE, Ky.--(BUSINESS WIRE)--Oct. 2, 2017-- Kindred Healthcare, Inc. (“Kindred” or the…

LOUISVILLE, Ky.--(BUSINESS WIRE)--Sep. 20, 2017-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that the Company expects a one-time pretax earnings impact from Hurricanes Irma and Harvey of approximately $20 million in aggregate for the…

Sale Proceeds from the Closing Approximated $519 Million Closing Covered 54 of the 89 Skilled Nursing Facilities Held for Sale LOUISVILLE, Ky.--(BUSINESS WIRE)--Aug. 31, 2017-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has…

Taps Additional Kindred Resource to Assist Teammates Directly Affected by this Tragedy LOUISVILLE, Ky.--(BUSINESS WIRE)--Aug. 28, 2017-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE: KND) today announced that the Company will make a $50,000 donation to the…

Joint venture will operate a 40-bed hospital in southern suburb of Indianapolis, Indiana LOUISVILLE, Ky. & INDIANAPOLIS--(BUSINESS WIRE)--Aug. 1, 2017-- Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND) today announced plans to convert Kindred Hospital Indianapolis South, an existing…

LOUISVILLE, Ky.--(BUSINESS WIRE)--Jul. 10, 2017-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it will provide an online, real-time webcast of its conference call covering second quarter 2017 operating results on Friday, August 4,…

Total Value to Kindred Will Approximate $910 Million Net Value to Kindred Will Approximate $210 Million Following Previously Announced $700 Million Real Estate Purchase from Ventas, Inc. Kindred’s Annual Rent Expense Will Be Reduced By Approximately $88 Million, Annual Capital Expenditures…

Partnership will construct and operate a 34-bed hospital in Billings, Montana LOUISVILLE, Ky. & BILLINGS, Mont.--(BUSINESS WIRE)--Jun. 28, 2017-- Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND), Billings Clinic and St. Vincent Healthcare today announced the signing of a definitive…

LOUISVILLE, Ky.--(BUSINESS WIRE)--May 30, 2017-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced the appointment of Brian Holzer , M.D., as President of Kindred Innovations, effective June 5, 2017. Dr. Holzer will report to Benjamin A.…