Kindred Healthcare

Latest Headlines

Latest Headlines

Senior care offer jobs, economic growth

What Nashville, Tenn., is to for-profit hospital chains, Louisville, Ky., is becoming for nursing home and extended care chains, reported Kaiser Health News. The sector employs 4,000 in the city and generates $28 billion in total revenue.

Repeal of health reform would 'constrain' hospital profits

A new report by Moody's Investors Service paints a dark picture if the Patient Protection and Affordable Care Act is repealed by the U.S. Supreme Court, The Washington Post reported. "If the...

Kindred pays $51M for home healthcare company

In a continuation of the industry's mergers and acquisition spree, Louisville, Ky.-based hospital operator Kindred Healthcare has beefed up its home healthcare division with the purchase of Walnut

Kindred Healthcare to buy ReHabCare for nearly $900M

Kindred Healthcare (NYSE: KND) will acquire rival RehabCare Group, Inc. (NYSE: RHB) for about $900 million, according to a joint announcement made Tuesday. The merger will create the largest

Vanguard, Kindred both announce Illinois expansions

There's no shortage of hospital news in Illinois this week, where two healthcare systems are expanding their reach, one via acquisition and the other the old fashioned way--opening a new facility.

Kindred profits drop 10 percent, but beat company estimate

Kindred Healthcare reported third-quarter net income of $4.9 million, or 12 cents per share--down from $5.5 million, or 14 cents per share, during the same period last year, the company announced