$KND News

Last published 3y ago

3y agoKNDTheKey Appoints Chris Gerard as Chief Executive OfficerBusiness WireExperienced healthcare industry veteran to lead TheKey through the Company's next phase of growth TheKey, North America's largest premium provider of in-home care, today announced that Chris Gerard has been named
3y agoBMY CFG DVA KNDNACD New England Honors Citizens Financial, L.L. Bean as Public and Private Company Boards of the YearBusiness WireMIT Nobel Laureate Phillip Sharp, healthcare board leader Phyllis Yale, civic and business leader Micho Spring also honored for service The National Association of Corporate Directors New England Chapter (NACDNE) today
8y agoHUM KNDHumana, Together with TPG Capital and Welsh, Carson, Anderson & Stowe, Announce Agreement to Acquire Curo Health ServicesBusiness WireLOUISVILLE, Ky. & SAN FRANCISCO & NEW YORK & MOORESVILLE, N.C.--(BUSINESS WIRE)--Humana Inc. (NYSE:HUM), TPG Capital (TPG), Welsh, Carson, Anderson & Stowe (WCAS) (collectively, the Consortium) today announced a definitive agreement to acquire privately held Curo Health Services (Curo), one of the nation’s leading hospice operators providing care to patients at 245 locations in 22 states. The Cons ...
8y agoKND HUMKindred Stockholders Approve Transaction with TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc.Business WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that at its special meeting of stockholders, stockholders approved the transaction with affiliates of TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc. (NYSE:HUM) (together, the “consortium”). The final vote results will be reported on a Form 8-K filed with the Securities a ...
8y agoKNDBrigade Corrects Inaccuracies in Kindred Healthcare’s (KND) Press Release, Urges Shareholders to Take Advantage of Court-Ordered Extension to Voting Period and Vote “NO” to Proposed AcquisitionBusiness WireNEW YORK--(BUSINESS WIRE)--Brigade Capital Management, LP (“Brigade”), on behalf of funds managed by it, today responded to yesterday’s press release by Kindred Healthcare, Inc. (NYSE: KND) (“Kindred” or the “Company”) to correct what Brigade views as misleading statements by Kindred. Brigade believes Kindred’s shareholders deserve better and should vote “NO” to the proposed acquisition of the Com ...
8y agoKND HUMTwo Leading Proxy Advisory Firms Recommend Kindred Stockholders Vote “FOR” the Transaction with TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc.Business WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that leading proxy advisory firm Egan-Jones Rating Company (“Egan-Jones”) joined Institutional Shareholder Services (“ISS”) in recommending that Kindred stockholders vote “FOR” the transaction with affiliates of TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc. (NYSE: HUM) ...
8y agoKNDBrigade Strongly Supports Glass Lewis Recommendation to Vote AGAINST Kindred Healthcare MergerBusiness WireNEW YORK--(BUSINESS WIRE)--Brigade Capital Management, LP (“Brigade”), on behalf of funds managed by it, announced today that it strongly supports the recommendation by leading independent institutional investor advisor, Glass Lewis, to vote AGAINST the Kindred Healthcare’s 2018 merger-related proxy proposals. In its report, Glass Lewis highlights its concerns regarding the questionable timing and ...
8y agoKNDBrigade Continues to Oppose Proposed Acquisition of Kindred Healthcare by Humana, TPG Capital and Welsh, Carson, Anderson & StoweBusiness WireNEW YORK--(BUSINESS WIRE)--Brigade Capital Management, LP (“Brigade”), on behalf of funds managed by it, today released its letter to the CEO and Board of Directors (the “Board”) of Kindred Healthcare, Inc. (NYSE:KND) (“Kindred” or the “Company”) definitively stating its intention to vote “NO” to the proposed acquisition of the Company by a consortium of Humana, TPG Capital and Welsh, Carson, Ande ...
8y agoKND HUMLeading Proxy Advisory Firm ISS Recommends Kindred Stockholders Vote “FOR” the Transaction with TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc.Business WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) recommends that Kindred stockholders vote “FOR” the transaction with affiliates of TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc. (NYSE: HUM) (together, the “consortium”).
8y agoKND HUMKindred Healthcare Reports Fourth Quarter and Full Year 2017 ResultsBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced its operating results for the fourth quarter and full year ended December 31, 2017. The Company also today will file its Annual Report on Form 10-K with the Securities and Exchange Commission (“SEC”).
8y agoKND HUMRobbins Arroyo LLP: Acquisition of Kindred Healthcare, Inc. (KND) by Multiple Acquirers May Not Be in Shareholders' Best InterestsBusiness WireSAN DIEGO & LOUISVILLE, Ky.--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Kindred Healthcare, Inc. (NYSE: KND) by a consortium of companies consisting of TPG Capital, Welsh Carson Anderson & Stowe LP, and Humana Inc. (NYSE: HUM) (together, the "consortium"). On December 19, 2017, Kindred and members of the consortium announced th ...
8y agoHUM KNDHumana Announces Agreement to Acquire a 40 Percent Minority Interest in Kindred’s Homecare Business for Approximately $800 Million Through a Joint Venture with an Entity Owned by TPG Capital and Welsh, Carson, Anderson & StoweBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) today announced it has signed a definitive agreement to acquire a 40 percent minority interest in the Kindred at Home Division (Kindred at Home) of Kindred Healthcare, Inc. (NYSE: KND), the nation’s largest home health provider and second largest hospice operator, for estimated cash consideration of approximately $800 million, including Hum ...
8y agoKND HUM VTRKindred Healthcare to Be Acquired by TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc. for $9.00 Per Share in CashBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or “the Company”) (NYSE:KND) today announced that its Board of Directors has approved a definitive agreement under which it will be acquired by a consortium of three companies: TPG Capital (“TPG”), Welsh, Carson, Anderson & Stowe (“WCAS”) and Humana Inc. (“Humana”) (NYSE: HUM) (together, the “consortium”) for approximately $4.1 ...
8y agoKND VTRKindred Provides Update on Additional Transaction Closings for Its Skilled Nursing Facility Business DivestitureBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has completed additional transaction closings (the “Closings”) related to its previously announced agreement with BM Eagle Holdings, LLC, a joint venture led by affiliates of BlueMountain Capital Management, LLC (“BlueMountain”), to sell the Company’s skilled nursing facility ...
9y agoKNDKindred Healthcare Reports Third Quarter 2017 ResultsBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced its operating results for the third quarter ended September 30, 2017.
9y agoKND VTRKindred Completes Additional Transaction Closing for Its Skilled Nursing Facility Business DivestitureBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has completed an additional transaction closing (the “Closing”) related to its previously announced agreement with BM Eagle Holdings, LLC, a joint venture led by affiliates of BlueMountain Capital Management, LLC (“BlueMountain”), to sell the Company’s skilled nursing facility ...
9y agoKNDKindred Provides Estimated Impact of Hurricanes Irma and HarveyBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that the Company expects a one-time pretax earnings impact from Hurricanes Irma and Harvey of approximately $20 million in aggregate for the third quarter of 2017. As discussed below, the Company’s impacted operations have substantially returned to normal and the Company does not expe ...
9y agoKND VTRKindred Completes First Closing for Its Skilled Nursing Facility Business DivestitureBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has completed the first closing related to its previously announced agreement with BM Eagle Holdings, LLC, a joint venture led by affiliates of BlueMountain Capital Management, LLC (“BlueMountain”), to sell the Company’s skilled nursing facility business for $700 million in ca ...
9y agoKNDKindred Announces $50,000 Donation to Support Hurricane Harvey Recovery EffortsBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE: KND) today announced that the Company will make a $50,000 donation to the American Red Cross in support of recovery efforts from Hurricane Harvey in Texas and across the Gulf Coast.
9y agoKNDKindred Healthcare Reports Second Quarter 2017 ResultsBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced its operating results for the second quarter ended June 30, 2017.
9y agoKNDKindred Healthcare to Convert Existing Long-Term Acute Care Hospital into Inpatient Rehabilitation Hospital in Partnership with Community Health NetworkBusiness WireLOUISVILLE, Ky. & INDIANAPOLIS--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND) today announced plans to convert Kindred Hospital Indianapolis South, an existing 60-bed long-term acute care (“LTAC”) hospital, into a 40-bed inpatient rehabilitation hospital in partnership with Community Health Network (“Community”).
9y agoKNDKindred’s Second Quarter Conference Call Scheduled for August 4Business WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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 2017 operating results on Friday, August 4, 2017. The Company will issue its second quarter 2017 earnings release after the close of trading on Thursday, August 3, 2017.
9y agoKND VTRKindred Announces Definitive Agreement to Divest Skilled Nursing Facility BusinessBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has signed a definitive agreement with BM Eagle Holdings, LLC, a joint venture led by affiliates of BlueMountain Capital Management, LLC (“BlueMountain”), under which it will sell the Company’s skilled nursing facility business for $700 million in cash. The sale includes 89 nu ...
9y agoKNDKindred Healthcare, Billings Clinic and St. Vincent Healthcare Announce Plans for Rehabilitation HospitalBusiness WireLOUISVILLE, Ky. & BILLINGS, Mont.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND), Billings Clinic and St. Vincent Healthcare today announced the signing of a definitive agreement to create a partnership to construct and operate a 34-bed inpatient rehabilitation hospital in Billings, Montana.
9y agoKNDKindred Appoints Brian Holzer, M.D., as President of Kindred Innovations and William Altman as Chief of Staff to Chief Executive OfficerBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced the appointment of Brian Holzer, M.D., as President of Kindred Innovations, effective June 5, 2017. Dr. Holzer will report to Benjamin A. Breier, Kindred’s President and Chief Executive Officer, and will work closely with Kindred’s Executive Vice President and Chief Strategy Officer, ...
9y agoKNDKindred Healthcare Announces Voting Results for the 2017 Annual Meeting of ShareholdersBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced the voting results of the Company’s 2017 Annual Meeting of Shareholders held on May 24, 2017.
9y agoKNDKindred to Participate in the Bank of America Merrill Lynch 2017 Health Care ConferenceBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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 participate in a “fireside chat” at the Bank of America Merrill Lynch 2017 Health Care Conference in Las Vegas, Nevada, on Wednesday, May 1 ...
9y agoKNDKindred Healthcare Reports First Quarter 2017 ResultsBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced its operating results for the first quarter ended March 31, 2017.
9y agoKND GENKindred Issues 2017 Quality, Innovation and Social Responsibility ReportBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today released its Quality, Innovation and Social Responsibility Report that highlights how Kindred has leveraged innovation and service delivery to transform its capabilities around a post-acute solution that advances a growing need for value-based care.
9y agoKNDKindred Praises CMS for Halting Further Implementation of Home Health Pre-Claim Review DemonstrationBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced its appreciation for the halting of a home health Pre-Claim Review Demonstration (“PCRD”) in Florida and Illinois. Kindred at Home, a division of Kindred, is the nation’s largest and most geographically diversified home health organization, offering a wide-range of services to patient ...
9y agoKNDKindred to Participate in the Barclays Global Healthcare ConferenceBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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 14, 2017, at 8:00 a.m. Eastern Time.
9y agoKNDKindred Healthcare's (KND) CEO Ben Breier on Q4 2016 Results - Earnings Call TranscriptEarnings Call Transcripts
9y agoKNDKindred 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 ShareBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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 March 31, 2017 to common shareholders of record as of the close of business on March 13, 2017. The Kindred Board of Directors has dete ...
9y agoKND GENKindred Healthcare Reports Fourth Quarter 2016 ResultsBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced its operating results for the fourth quarter ended December 31, 2016.
9y agoKNDKindred Named to Fortune Magazine’s List of World’s Most Admired Companies for Eighth TimeBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it was named one of the World’s Most Admired Companies by Fortune magazine. This is the eighth time the Company has made the list. Kindred ranked third for innovation among the companies in the “Health Care: Medical Facilities” category.
9y agoGEN KNDGenesis HealthCare and Kindred Form Strategic Clinical Collaboration to Improve Quality, Outcomes and Care Transitions across the Post-Acute ContinuumBusiness WireKENNETT SQUARE, Pa. & LOUISVILLE, Ky.--(BUSINESS WIRE)--Genesis HealthCare (Genesis) (NYSE:GEN) and Kindred Healthcare, Inc. (Kindred) (NYSE:KND), two of the largest providers of post-acute care in the nation, today announced a strategic clinical collaboration to improve quality, outcomes and care transitions across the post-acute continuum. This clinical collaboration brings together Genesis as t ...
9y agoKNDKindred Reviews 2016 AccomplishmentsBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today released a summary of some of its major achievements in 2016.
9y agoKNDKindred House Calls Participating in Historic Public-Private Partnership to Strengthen Primary CareBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred House Calls, the home-based primary care (“HBPC”) practice of Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND), is one of more than 2,900 primary care practices nationwide participating in Comprehensive Primary Care Plus (“CPC+”), a partnership between payor partners from the Centers for Medicare & Medicaid Services (“CMS”), state Medicaid agencies, commerc ...
9y agoKNDKindred to Present at the J.P. Morgan Healthcare ConferenceBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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 35th Annual J.P. Morgan Healthcare Conference in San Francisco, California, on Wednesday, January 11, 2017, at 11:30 a.m. Pacific Time / 2:30 p.m. Eastern Time.
9y agoKNDKindred Healthcare and Atlantic Health System Announce Plans for Inpatient Rehabilitation HospitalBusiness WireLOUISVILLE, Ky. & MORRISTOWN, N.J.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND) and Atlantic Health System today announced the signing of a definitive agreement to create a joint venture to construct and operate a 38-bed inpatient rehabilitation hospital in northern New Jersey.
9y agoKNDKindred Nursing and Rehabilitation Center – Mountain Valley Receives Malcolm Baldrige National Quality AwardBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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.
9y agoKND VTRKindred Announces Agreements with Ventas Facilitating Strategic Exit from Skilled Nursing Facility BusinessBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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.
10y agoKNDKindred 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 ShareBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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.
10y agoKNDKindred Healthcare Updates Strategy and Reports Third Quarter 2016 ResultsBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced its operating results for the third quarter ended September 30, 2016.
10y agoKND CYHKindred Announces Appointment of Dr. Lynn Simon to Board of DirectorsBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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.
10y agoKNDKindred Healthcare and Mercy Medical Center – Des Moines Announce Plans for Inpatient Rehabilitation HospitalBusiness WireLOUISVILLE, Ky. & DES MOINES, Iowa--(BUSINESS WIRE)--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 project has received Certificate of Need approval from the Iowa ...
10y agoKND VTRKindred Completes Sale of 12 LTAC Hospitals to Curahealth, Advancing LTAC Portfolio Optimization StrategyBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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, ...
10y agoKNDSilver State ACO: Medicare Shared Savings Program Performance Year 2015 Quality and Financial ResultsBusiness WireLOUISVILLE, Ky. & LAS VEGAS--(BUSINESS WIRE)--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 ...
10y agoKNDKindred Appoints Jason Zachariah as President of Kindred Rehabilitation ServicesBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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.
10y agoKNDKindred 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 ShareBusiness WireLOUISVILLE, Ky.--(BUSINESS WIRE)--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.