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Humana, Private-Equity Firms Agree to Buy Kindred Healthcare - WSJ
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Kindred Healthcare Incorporated is a health care service company that operates hospitals, care centers and contract rehabilitation services throughout the United States. Kindred is the largest post-acute health care provider in the US.

Kindred's headquarters and support center is located in Louisville, Kentucky.

Kindred is a Fortune 500 company, ranked # 376 in 2017. In 2014, Kindred was ranked 4th among Health Care: Medical Facilities in the Fortune magazine list of the most admired companies. As of June 2017, Kindred Healthcare has 102,000 employees in 46 states and 7 billion in annual revenue.


Video Kindred Healthcare



History

Kindred was founded in 1985 as Vencor, Inc. The current name was adopted on April 20, 2001 after the company's emergence from Chapter 11 bankruptcy.

Maps Kindred Healthcare



Division

Kindred operates four divisions: Transitional Treatment Hospital, Treatment and Rehabilitation Center, Treatment Management, and Kindred Rehabilitation Services. The former fifth division, Kindred Pharmacy Services (KPS), was separated in an amalgamation with AmerisourceBergen, which resulted in the creation of PharMerica.

Transitional Treatment Hospital

The Transitional Care Hospital Division provides long-term acute care services to patients who are medically complex. Together with a traditional free-standing hospital, Kindred operates a hospital-in-hospital (HIH) operating in "host hospitals" to provide long-term acute care to patients it receives from short-term acute care units.

Nursing and Rehabilitation Center

The Care and Rehabilitation Division of Kindred Healthcare operates a treatment and rehabilitation center and assisted living facilities. Kindred centers treat both short-term and long-term residents.

Care Management

A series of acquisitions from 2008 to 2011 led to the establishment of a separate division for maintenance management.

The Nursing Care Division of Kindred Healthcare provides home health care, home care and personal duties for patients in a variety of settings, including homes, skilled care facilities and other residential arrangements. The division includes Kindred at Home. Previous care management services fall within the Home Health and Hospice of Kindred Healthcare division.

Kindred Rehabilitation Service

Kindred Rehabilitation Division serves Kindred and non-Kindred sites. Services are organized into two operating segments: skilled nursing rehabilitation services (SRS), which provide primarily for the free standing nursing center; and hospital rehabilitation services (RSJ), which provide program management and in-patient care services to hospital units and outpatient services to hospital-based satellite programs. In June 2011, Kindred merged its previous rehabilitation division with a new RehabCare acquisition, renaming its division after the acquisition.

In January 2016, Kindred Healthcare Inc. and its subsidiary RehabCare Group Inc. agreed to pay $ 125 million to settle a whistleblower lawsuit over Medicare's overbilling treatment claims. The settlement ended the investigation of a claim filed against the company by RehabCare's former therapist in the 2011 lawsuit. The lawsuit claims RehabCare routinely schedules the occupants of skilled care facilities for higher therapeutic levels than is required, so treatment services are unreasonable or necessary, or never happen.

Kindred Healthcare, Inc. (NYSE:KND) Sell Its SNF Business To BM ...
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See also

  • List of major companies in Louisville, Kentucky

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References


Healthcare & Human Services Job Fair-Job Search Skills
src: www.careersolution.org


External links

  • Kindred Healthcare - Kindred Healthcare Official website
  • Kindred at Home - Official Kindred at Home website
  • Sind Health Kindred Confinement
  • Kindred was ranked in InformationWeek Elite 100 as number 77
  • Kindred Healthcare article at MDNews Boston

Source of the article : Wikipedia

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