Kindred Continues Expansion through Acquisitions

Posted by Jason Greis on August 28, 2010 under Articles, Industry News | Be the First to Comment

Kindred Healthcare has moved to expand its market presence in key cluster markets in California and Texas by signing definitive agreements to purchase five LTACHs in southern California for $180 million and three Texas-based nursing and rehabilitation centers for $38 million in two separate all-cash deals for a total purchase price of $218 million.  Both transactions require regulatory approvals and are expected to close later this year. Read More...