LOUISVILLE, Ky.--(BUSINESS WIRE)--Dec. 21, 2015--
Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today
announced the appointment of Peter K. Kalmey as President of its
Hospital Division, effective January 1, 2016. Mr. Kalmey will be a
member of the Company’s Executive Committee.
Mr. Kalmey succeeds Steven L. Monaghan, who is retiring from Kindred
effective December 31, 2015. Mr. Monaghan joined the Company in 1996 and
has served as President of Kindred’s Hospital Division since October
Mr. Kalmey has served as Chief Operating Officer of the Hospital
Division since October 2013. He began with the Company in 1995 and
during his career with the Company he has served in multiple executive
positions at all levels within the Hospital Division.
“Pete’s leadership and management skills will be invaluable to our
Hospital Division as we position Kindred in advance of a transition to
value-based systems,” said Kent H. Wallace, Kindred’s Chief Operating
Officer. “His strong working relationship and partnership with Steve and
the division’s leadership team have prepared him for success in his new
“We wish Steve all the best, and thank him for his outstanding
leadership and years of dedicated service,” continued Mr. Wallace.
“Under Steve’s guidance, our hospitals continuously improved quality and
clinical outcomes in the face of ongoing reimbursement challenges.”
About Kindred Healthcare
Kindred Healthcare, Inc., a top-95 private employer in the United
States, is a FORTUNE 500 healthcare services company based in
Louisville, Kentucky with annual revenues of approximately $7.2 billion(1).
At September 30, 2015, Kindred through its subsidiaries had
approximately 102,200 employees providing healthcare services in 2,723
locations in 47 states, including 95 transitional care hospitals, 18
inpatient rehabilitation hospitals, 90 nursing centers, 20 sub-acute
units, 626 Kindred at Home home health, hospice and non-medical home
care sites of service, 101 inpatient rehabilitation units
(hospital-based) and a contract rehabilitation services business,
RehabCare, which served 1,773 non-affiliated sites of service. Ranked as
one of Fortune magazine’s Most Admired Healthcare Companies for six
years, Kindred’s mission is to promote healing, provide hope, preserve
dignity and produce value for each patient, resident, family member,
customer, employee and shareholder we serve. For more information, go to www.kindredhealthcare.com.
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Revenues were computed by combining the twelve months ended December
31, 2014 data for Kindred, Gentiva Health Services, Inc., which was
acquired by the Company on February 2, 2015, and Centerre Healthcare
Corporation, which was acquired by the Company on January 1, 2015.
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Source: Kindred Healthcare, Inc.
Kindred Healthcare, Inc.
Susan E. Moss, 502-596-7296
Vice President, Marketing and Communications