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11/17/16Kindred Nursing and Rehabilitation Center – Mountain Valley Receives Malcolm Baldrige National Quality Award
LOUISVILLE, Ky.--(BUSINESS WIRE)--Nov. 17, 2016-- Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND) today announced that Kindred Nursing and Rehabilitation Center – Mountain Valley in Kellogg, Idaho, is one of four recipients of the 2016 Malcolm Baldrige National Quality Award. Mountain Valley is the first nursing center to receive a Baldrige Award in the program’s history. The Malcolm Baldrige National Quality Award is presented annually by the ... 
11/14/16Kindred Announces Agreements with Ventas Facilitating Strategic Exit from Skilled Nursing Facility Business
LOUISVILLE, Ky.--(BUSINESS WIRE)--Nov. 14, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has entered into agreements with Ventas, Inc. (“Ventas”) (NYSE:VTR) to facilitate the Company’s previously announced plan to exit the skilled nursing facility business. Kindred has initiated a process to sell all of its owned and leased nursing centers, which includes all 36 skilled nursing facilities (the ... 
11/07/16Kindred Healthcare Board of Directors Declares Cash Dividend of $0.12 Per Common Share and Approves Scheduled Preferred Stock Installment Payment of $18.75 Per Preferred Share
LOUISVILLE, Ky.--(BUSINESS WIRE)--Nov. 7, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that its Board of Directors approved the payment of a cash dividend of $0.12 per common share to its common shareholders. The dividend will be paid on December 9, 2016 to common shareholders of record as of the close of business on November 21, 2016. Kindred also today announced that its Board of Directors has approved... 
11/07/16Kindred Healthcare Updates Strategy and Reports Third Quarter 2016 Results
Announces Plan to Exit the Skilled Nursing Facility Business; Announces Associated $70 Million to $100 Million Cost Realignment Initiative(1) Enterprise Strategy Focused on Stronger Cash Flow, Higher Margin, Lower Capital Intensity Businesses Third Quarter Consolidated Revenues of $1.8 Billion, GAAP Loss from Continuing Operations of $671 Million, GAAP Diluted Loss Per Share from Continuing Operations of $7.89 and EBITDAR Loss of $134 Mi... 
11/02/16Kindred Announces Appointment of Dr. Lynn Simon to Board of Directors
LOUISVILLE, Ky.--(BUSINESS WIRE)--Nov. 2, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE: KND) today announced that its Board of Directors has appointed Dr. Lynn Simon to the Board, effective immediately. Since 2014, Dr. Simon has served as President, Clinical Services and Chief Quality Officer for Community Health Systems, Inc. (NYSE: CYH), a leading operator of general acute care hospitals in communities across the co... 
10/27/16Kindred Healthcare and Mercy Medical Center – Des Moines Announce Plans for Inpatient Rehabilitation Hospital
Joint venture will construct and operate a 50-bed hospital in a suburb of Des Moines, Iowa LOUISVILLE, Ky. & DES MOINES, Iowa--(BUSINESS WIRE)--Oct. 27, 2016-- Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND) today announced that it has signed a definitive agreement with Mercy Medical Center – Des Moines to create a joint venture to construct and operate a 50-bed inpatient rehabilitation hospital in Clive, Iowa, a suburb of Des Moines. The ... 
10/20/16Kindred’s Third Quarter Conference Call Scheduled for November 8
LOUISVILLE, Ky., Oct. 20, 2016 (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 2016 operating results on Tuesday, November 8, 2016. The Company will issue its third quarter 2016 earnings release after the close of trading on Monday, November 7, 2016. The live broadcast of the Company’s quarterly conference call will be available online at the C... 
10/03/16Kindred Completes Sale of 12 LTAC Hospitals to Curahealth, Advancing LTAC Portfolio Optimization Strategy
LOUISVILLE, Ky.--(BUSINESS WIRE)--Oct. 3, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has completed its previously announced agreement to sell 12 long-term acute care (“LTAC”) hospitals (the “Hospitals”) for $27.5 million to a group of entities operating under the name “Curahealth,” which are affiliates of a private investment fund sponsored by Nautic Partners, LLC (“Nautic”). The Hospitals have a total... 
09/01/16Silver State ACO: Medicare Shared Savings Program Performance Year 2015 Quality and Financial Results
LOUISVILLE, Ky. & LAS VEGAS--(BUSINESS WIRE)--Sep. 1, 2016-- The Centers for Medicare and Medicaid Services (“CMS”) recently announced the 2015 performance year results for the Medicare Shared Savings Program and the Pioneer Accountable Care Organization Model that show physicians, hospitals and health care providers participating in Accountable Care Organizations continue to make significant improvements in the quality of care for Medicare beneficia... 
08/15/16Kindred Appoints Jason Zachariah as President of Kindred Rehabilitation Services
LOUISVILLE, Ky.--(BUSINESS WIRE)--Aug. 15, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced the appointment of Jason Zachariah as President of Kindred Rehabilitation Services (“KRS”), effective immediately. Mr. Zachariah will be a member of Kindred’s Executive Committee. Mr. Zachariah, who joined the Company in 2006, was previously Chief Operating Officer of Kindred Hospital Rehabilitation Services. Mr. ... 
08/04/16Kindred Healthcare Board of Directors Declares Cash Dividend of $0.12 Per Common Share and Approves Scheduled Preferred Stock Installment Payment of $18.75 Per Preferred Share
LOUISVILLE, Ky.--(BUSINESS WIRE)--Aug. 4, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that its Board of Directors approved the payment of a cash dividend of $0.12 per common share to its common shareholders. The dividend will be paid on September 2, 2016 to common shareholders of record as of the close of business on August 18, 2016. Kindred also today announced that its Board of Directors has approved ... 
08/04/16Kindred Healthcare Reports Second Quarter 2016 Results at High End of Guidance Range
Company Reaffirms Full Year Outlook for 2016 Consolidated Revenues of $1.84 billion, GAAP Income from Continuing Operations of $34 million, GAAP Diluted EPS from Continuing Operations of $0.23 and EBITDAR of $251 million(1) in the Second Quarter Include Net Costs of $18 million Related to Impairments, Litigation, Transaction, Integration, Research and Development, Debt Amendment, Other Restructuring Costs, and Gain on Facility Swap ... 
08/01/16Kindred Healthcare Acquires In-Home Health Care Operations from the Arkansas Department of Health
LOUISVILLE, Ky. & LITTLE ROCK, Ark.--(BUSINESS WIRE)--Aug. 1, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) and the Arkansas Department of Health (“ADH”) today announced that the parties have completed a previously announced agreement for Kindred to acquire the in-home health care operations (the “Agency”) from ADH, which includes licenses to provide home health, hospice and personal care services throughout the state of Ark... 
07/28/16Kindred Healthcare and CHI Franciscan Health Announce Plans for Inpatient Rehabilitation Hospital
Joint venture will construct and operate a 60-bed hospital in Tacoma, Washington LOUISVILLE, Ky. & TACOMA, Wash.--(BUSINESS WIRE)--Jul. 28, 2016-- Kindred Healthcare, Inc. (“Kindred”) (NYSE: KND) today announced that it has signed a definitive agreement with CHI Franciscan Health (“CHI Franciscan”) to create a joint venture to construct and operate a 60-bed inpatient rehabilitation hospital in Tacoma, Washington, which is located in Kindre... 
07/19/16Kindred’s Second Quarter Conference Call Scheduled for August 5
LOUISVILLE, Ky.--(BUSINESS WIRE)--Jul. 19, 2016-- 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 2016 operating results on Friday, August 5, 2016. The Company will issue its second quarter 2016 earnings release after the close of trading on Thursday, August 4, 2016. The live broadcast of the Company’s quarterly confer... 
06/28/16Kindred Healthcare and Select Medical Holdings Corporation Complete Acquisition of Additional Hospitals from Each Other
LOUISVILLE, Ky.--(BUSINESS WIRE)--Jun. 28, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has completed the acquisition of an additional transitional care hospital (licensed as a long-term acute care (“LTAC”) hospital) operated by Select Medical Holdings Corporation (“Select”) (NYSE:SEM) and sold an additional LTAC hospital to Select. Kindred acquired a leased hospital in San Antonio, Texas (44 licensed be... 
06/20/16Kindred Healthcare and the Arkansas Department of Health Announce Definitive Agreement for Kindred to Acquire In-Home Health Care Operations
LOUISVILLE, Ky. & LITTLE ROCK, Ark.--(BUSINESS WIRE)--Jun. 20, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) and the Arkansas Department of Health (“ADH”) today announced that the parties have signed a definitive agreement for Kindred to acquire the in-home health care operations (the “Agency”) from ADH, which includes licenses to provide home health, hospice and personal care services throughout the state of Arkansas, for a... 
06/14/16Kindred Healthcare Announces Closing of Incremental Term Loan and Amendments to Its Credit Facilities
LOUISVILLE, Ky.--(BUSINESS WIRE)--Jun. 14, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has closed its previously announced incremental $200 million term loan, the net proceeds of which were used to repay outstanding borrowings under the Company’s $900 million senior secured asset-based revolving credit facility (the “ABL Facility”). This incremental term loan has the same terms as, and is fungible with,... 
06/14/16Kindred Healthcare and Palomar Health Announce Plans for Inpatient Rehabilitation Hospital
Joint venture will construct and operate a 52-bed hospital in the San Diego area LOUISVILLE, Ky. & SAN DIEGO--(BUSINESS WIRE)--Jun. 14, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has signed a definitive agreement with Palomar Health (“Palomar”) to create a joint venture to construct and operate a 52-bed inpatient rehabilitation hospital in Escondido, California, a city in north San Diego... 
06/09/16Kindred Healthcare Completes Syndication of Incremental Term Loan and Secures Consent for Amendments to Credit Facilities
LOUISVILLE, Ky.--(BUSINESS WIRE)--Jun. 9, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced it has completed syndication and pricing of an incremental $200 million term loan, the proceeds of which will be used to repay outstanding borrowings under the Company’s existing $900 million senior secured asset-based revolving credit facility (the “ABL Facility”). This borrowing will have the same terms as, and will be fungi... 
06/01/16Kindred Healthcare and Select Medical Holdings Corporation Complete Acquisition of Hospitals from Each Other
LOUISVILLE, Ky.--(BUSINESS WIRE)--Jun. 1, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has completed the sale of two of its transitional care hospitals (licensed as long-term acute care (“LTAC”) hospitals) and the acquisition of four LTAC hospitals operated by Select Medical Holdings Corporation (“Select”) (NYSE:SEM). Kindred acquired leased hospitals in Indianapolis, Indiana (45 licensed ... 
05/25/16Kindred Healthcare Announces Voting Results for the 2016 Annual Meeting of Shareholders
LOUISVILLE, Ky.--(BUSINESS WIRE)--May 25, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced the voting results of the Company’s 2016 Annual Meeting of Shareholders held on May 25, 2016. At the annual meeting, the Company’s shareholders voted to elect the following board members to terms expiring at the Company’s 2017 Annual Meeting of Shareholders: Joel Ackerman, Jonathan D. Blum, Benjamin A. Breier, T... 
05/05/16Kindred to Present at Upcoming Investor Conferences
LOUISVILLE, Ky.--(BUSINESS WIRE)--May 5, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that Benjamin A. Breier, President and Chief Executive Officer, and Stephen D. Farber, Executive Vice President and Chief Financial Officer, will make presentations regarding the Company at two upcoming investor conferences. Mr. Breier and Mr. Farber will present at the Bank of America Merrill Lynch 2016 Health C... 
05/04/16Kindred Healthcare Board of Directors Declares Cash Dividend of $0.12 Per Common Share and Approves Scheduled Preferred Stock Installment Payment of $18.76 Per Preferred Share
LOUISVILLE, Ky.--(BUSINESS WIRE)--May 4, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that its Board of Directors approved the payment of a cash dividend of $0.12 per common share to its common shareholders. The dividend will be paid on June 10, 2016 to common shareholders of record as of the close of business on May 18, 2016. Kindred also today announced that its Board of Directors has approved p... 
05/04/16Kindred Healthcare Reports First Quarter 2016 Results
Consolidated Revenues of $1.84 billion, Core EBITDAR of $247 million(1), Core Diluted EPS from Continuing Operations of $0.25(1) and Adjusted Core Diluted EPS from Continuing Operations of $0.35(1) in the First Quarter GAAP Diluted EPS from Continuing Operations of $0.15 and EBITDAR of $233 million(1) in the First Quarter Includes Costs of $14 million Related to Litigation, Transaction, Integration, Research and Development, Impairm... 
04/21/16Kindred’s First Quarter Conference Call Scheduled for May 5
LOUISVILLE, Ky., April 21, 2016 (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 first quarter 2016 operating results on Thursday, May 5, 2016. The Company will issue its first quarter 2016 earnings release after the close of trading on Wednesday, May 4, 2016. The live broadcast of the Company’s quarterly conference call will be available online at the Compan... 
04/04/16Kindred Advances LTAC Portfolio Optimization Strategy with Definitive Agreement to Sell 12 LTAC Hospitals to Curahealth, LLC
LOUISVILLE, Ky.--(BUSINESS WIRE)--Apr. 4, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has signed a definitive agreement to sell 12 long-term acute care (“LTAC”) hospitals (the “Hospitals”) to Curahealth, LLC (“Curahealth”), an affiliate of a private investment fund sponsored by Nautic Partners, LLC (“Nautic”), for $27.5 million. The Hospitals have, in aggregate, 783 licensed beds in Arizona, Louisiana, ... 
03/31/16Kindred Outlines Solutions for Aging Americans with Quality, Innovation and Social Responsibility Report
LOUISVILLE, Ky.--(BUSINESS WIRE)--Mar. 31, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today released its 2015 Quality, Innovation and Social Responsibility Report that highlights major achievements for the year and shares some of the Company’s solutions for population health in the years ahead. The report details Kindred’s commitment to addressing the issues faced by patients, family members, payers and providers as t... 
03/07/16Kindred to Participate in the Barclays Global Healthcare Conference
LOUISVILLE, Ky.--(BUSINESS WIRE)--Mar. 7, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that Benjamin A. Breier, President and Chief Executive Officer, will participate in a “fireside chat” at the Barclays Global Healthcare Conference in Miami, Florida, on Tuesday, March 15, 2016, at 8:00 a.m. Eastern Time. The discussion is being audio webcast and can be accessed at the Company’s website at http:/... 
02/25/16Kindred Healthcare Board of Directors Declares Cash Dividend of $0.12 Per Common Share and Approves Scheduled Preferred Stock Installment Payment of $18.75 Per Preferred Share
LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 25, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that its Board of Directors approved the payment of a cash dividend of $0.12 per common share to its common shareholders. The dividend will be paid on April 1, 2016 to common shareholders of record as of the close of business on March 10, 2016. Kindred also today announced that its Board of Directors has approved ... 
02/25/16Kindred Healthcare Reports Fourth Quarter 2015 Results
Consolidated Revenues of $1.8 billion, Core EBITDAR of $248 million(1), Core Diluted EPS from Continuing Operations of $0.33(1)and Adjusted Core Diluted EPS from Continuing Operations of $0.44(1) in the Fourth Quarter; GAAP Diluted EPS from Continuing Operations of $0.50 and EBITDAR of $198 million(1) in the Fourth Quarter Includes Costs of $51 million and an Income Tax Benefit of $66 million Related to Litigation, Transaction, Integrat... 
02/18/16Kindred and Select Medical Holdings Corporation Agree to Acquire Hospitals from Each Other
LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 18, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has signed a definitive agreement to sell four of its transitional care hospitals (licensed as long-term acute care (“LTAC”) hospitals) and acquire five LTAC hospitals currently operated by Select Medical Holdings Corporation (“Select”) (NYSE:SEM). Kindred will acquire leased hospitals in Indianapolis, Indiana... 
02/18/16Kindred Selects Inovalon to Implement Data-Driven Healthcare Platform for Post-Acute Care Marketplace
LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 18, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced a strategic partnership with Inovalon (NASDAQ:INOV), a leading technology company providing advanced analytics and data-driven insights to the healthcare industry, and its subsidiary Avalere Health, to create a unique set of post-acute care benefits management tools and solutions. The purpose of the partnership is to ... 
02/09/16Kindred Announces Expansion of Its Home Health Operations and Growth in Four Integrated Care Markets
LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 9, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced the expansion of its home health operations in South Carolina. In addition, the Company announced growth in its inpatient rehabilitation facility (“IRF”) business, hospice services and nursing center operations in several integrated care markets. Home Health – South Carolina Kindred acquired from the Sou... 
01/28/16Kindred’s Fourth Quarter Conference Call Scheduled for February 26
LOUISVILLE, Ky., Jan. 28, 2016 (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 fourth quarter and year-end 2015 operating results on Friday, February 26, 2016. The Company will issue its fourth quarter and year-end 2015 earnings release after the close of trading on Thursday, February 25, 2016. The live broadcast of the Company’s quarterly conference call wi... 
01/12/16Kindred Announces Settlement with the United States Department of Justice over RehabCare Investigation
LOUISVILLE, Ky.--(BUSINESS WIRE)--Jan. 12, 2016-- Kindred Healthcare, Inc. (the “Company”) (NYSE:KND) today announced that it has entered into a settlement agreement with the United States Department of Justice (the “DOJ”) regarding a previously disclosed investigation of RehabCare Group, Inc. (“RehabCare”), a therapy services company acquired by the Company on June 1, 2011. The settlement agreement, which relates to allegations that rehab... 
01/05/16Kindred to Present at the J.P. Morgan Healthcare Conference
LOUISVILLE, Ky.--(BUSINESS WIRE)--Jan. 5, 2016-- Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that Benjamin A. Breier, President and Chief Executive Officer, will make a presentation regarding the Company at the 34th Annual J.P. Morgan Healthcare Conference in San Francisco, California, on Wednesday, January 13, 2016, at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time. The presentation is being audio we...