Skip to content

Kindred To Acquire RehabCare

February 8, 2011

Kindred Healthcare and RehabCare Group announced the signing of a definitive merger agreement under which Kindred will acquire RehabCare.

The transaction will create the largest post-acute healthcare services company in the United States with more than $6 billion in annual revenues and operations in 46 states. The combined company will operate 118 long-term acute care hospitals with 8,492 licensed beds, 226 nursing and rehabilitation centers with 27,442 licensed beds, 121 inpatient rehabilitation hospitals (primarily hospital-based units) and 1,808 hospital, nursing center and assisted living rehabilitation therapy services contracts across the country.

Advertisements

From → Uncategorized

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: