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(Reuters) -Humana Inc said on Thursday it would sell a 60% interest in the hospice and personal care divisions of its Kindred at Home unit for $2.8 billion to private investment firm Clayton ...
U.S. health insurer Humana Inc is teaming up with two private equity firms to buy privately held hospice operator Curo Health Services for about $1.4 billion, the group's latest deal in the ...
Kindred Healthcare Completes Sale of 14 Non-Strategic Facilities Outside Integrated Care Markets for $165.8 Million Company Expects to Complete Sale of Two Additional Facilities for $20.7 Million ...
In June 2017, Kindred announced a definitive agreement with BM Eagle Holdings, LLC, a joint venture led by affiliates of BlueMountain Capital Management, to sell the company's skilled-nursing facility business for $700 million. The sale included 89 nursing centers with 11,308 licensed beds and seven assisted living facilities with 380 licensed ...
Gentiva Health Services is a provider of home health care, hospice, and related health services in the United States.The company is headquartered in Atlanta, Georgia.Prior to its October 2014 acquisition by Kindred Healthcare, it was a Fortune 1000 company with over $1.7 billion in annual revenue and a member of the S&P 600 index.
In 2021, Susan Diamond, formerly occupying an interim position, was announced to be the new permanent CFO. Her appointment to the position comes with the company's focus being turned towards the home healthcare business, acquiring in April of the same year a 60% stake in Kindred at Home, an in-home care and hospice business. [22] [23] [24]
Business Is Booming. Since 2000, the hospice industry has ballooned in size, adding providers and caring for more patients, who are living longer. Because Medicare pays most hospice claims, the cost to taxpayers has increased substantially. Here is a look at the expansion of Medicare-funded hospice.
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