Kindred Completes $166 Million Sale of 14 Post-Acute Care Facilities

Kindred Healthcare, Inc. (NYSE: KND) today announced that it has completed the sale of 14 non-strategic facilities for $165.8 million to an affiliate of Vibra Healthcare, LLC.  In the near term, Kindred intends to use the net proceeds from the sale to pay down the outstanding balance under its existing revolving credit facility.  Over time, […]

Kindred Grows Long-Term Care Operations with Home Care Deal

Newly announced acquisition plans from Kindred Healthcare, Inc. (NYSE: KND) look to expand the company’s long-term care market in Cleveland, which already includes assisted living and nursing centers. Kindred announced Wednesday that it has signed a definitive agreement to acquire Western Reserve Senior Care, a Cleveland, Ohio-based, a physician-led primary care practice that delivers care […]