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Kindred Continues Growth of Inpatient Rehabilitation Hospital Business in Partnership with Leading Health Systems

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07/12/2018 | 07:01pm CEST

Company now operates 22 inpatient rehabilitation hospitals in 11 states

Kindred Healthcare, LLC (“Kindred”) today announced the opening of Community Rehabilitation Hospital South in partnership with Community Health Network (“Community”). The 44-bed hospital is located in Greenwood, Indiana, a suburb of Indianapolis.

The hospital is located at a site that formerly housed a Kindred long-term acute care (“LTAC”) hospital. Kindred continues to operate two LTAC hospitals in the Indianapolis market. This is the third joint venture partnership between Kindred and Community, adding to their existing joint ventures involving Community Rehabilitation Hospital North in Northeast Indianapolis and Community Howard Specialty Hospital in Kokomo.

With the opening of Community Rehabilitation Hospital South, Kindred now operates 22 inpatient rehabilitation hospitals, also known as “IRFs,” in 11 states. The majority of the hospitals are operated in partnership with leading health systems. These hospitals care for adults recovering from stroke, traumatic brain injury, spinal cord injury, amputation and other conditions.

In addition to opening Community Rehabilitation Hospital South, Kindred has opened two new IRFs and begun construction on two others in 2018.

  • In Tacoma, Washington, Kindred opened CHI Franciscan Rehabilitation Hospital in partnership with CHI Franciscan Health. The 60-bed hospital is western Washington’s first and only freestanding inpatient rehabilitation hospital.
  • In the Des Moines, Iowa, suburb of Clive, Kindred and Mercy Medical Center - Des Moines opened Mercy Rehabilitation Hospital. The 50-bed hospital is Iowa’s first and only freestanding inpatient rehabilitation hospital.
  • In Madison, New Jersey, Kindred and Atlantic Health System broke ground on Atlantic Rehabilitation Institute. The 38-bed freestanding Atlantic Rehabilitation Institute is expected to open in the second quarter of 2019.
  • In Billings, Montana, Kindred, Billings Clinic and St. Vincent Healthcare broke ground on The Rehabilitation Hospital of Montana. The 34-bed hospital, expected to open in the first quarter of 2019, will be the first and only freestanding inpatient rehabilitation hospital in Montana.

“As our nation’s population ages, the demand for essential rehabilitation services continues to grow, highlighting the importance of adequate patient access,” said Jason Zachariah, President of Kindred Rehabilitation Services, a division of Kindred. “Kindred Rehabilitation Services partners with leading health systems to meet this demand and provide the best outcomes for this specialized patient population. Our IRF business is rapidly expanding as we capture opportunities to bring our rehabilitation expertise to new markets and meet the needs of the communities we serve.”

About Kindred Healthcare

Kindred Healthcare, LLC is a healthcare services company based in Louisville, Kentucky with annual revenues of approximately $3.4 billion(1). At March 31, 2018, Kindred through its subsidiaries had approximately 38,300 employees providing healthcare services in 1,831 locations in 45 states, including 75 LTAC hospitals, 19 inpatient rehabilitation hospitals (22 as of July 12, 2018), 13 sub-acute units, 98 inpatient rehabilitation units (hospital-based) and contract rehabilitation service businesses which served 1,626 non-affiliated sites of service. Ranked as one of Fortune magazine’s Most Admired Healthcare Companies for nine years, Kindred’s mission is to promote healing, provide hope, preserve dignity and produce value for each patient, resident, family member, customer and employee we serve. For more information, go to www.kindredhealthcare.com. You can also follow us on Twitter and Facebook.

____________

(1) Revenues for the last twelve months ended March 31, 2018.


© Business Wire 2018
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