Kindred Targets More Home Health Acquisitions, Announces New Projects

Kindred Healthcare, Inc. (NYSE: KND) announced today that it has signed into definitive agreements to build and acquire several home health and hospice businesses. Kindred plans to open a new 120-bed transitional care center in Phoenix, Arizona, on the campus of IASIS Healthcare’s St. Luke’s Medical Center.  The center will specialize in intensive short-term rehabilitation […]

Flexpoint Ford Completes $71 Million Sale of IntegraCare to Kindred Healthcare

Flexpoint Ford, LLC, a private equity firm that focuses on the health care and financial services sectors, has completed the $71 million sale of IntegraCare Holdings, Inc. to Kindred Healthcare, Inc. The transaction includes a potential $4 million earn out based on 2013 earnings. IntegraCare, headquartered in Grapevine, Tex., is a Medicare and Medicaid certified […]

Kindred Acquires Home Health Care Provider IntegraCare for $75 Millon

Home health care and hospice provider IntegraCare has been acquired by Kindred Healthcare, Inc. (NYSE:KND), a Louisville, Ky.-based long-term care and rehabilitation services provider, for up to $75 millon.  IntegraCare Holdings, Inc., is a Texas-based portfolio company of private equity firm Flexpoint Ford LLC, and was purchased for $71 million in cash plus up to […]

Kindred Acquires Home Health Care Provider IntegraCare for $75 Millon

Home health care and hospice provider IntegraCare has been acquired by Kindred Healthcare, Inc. (NYSE:KND), a Louisville, Ky.-based long-term care and rehabilitation services provider, for up to $75 millon.  IntegraCare Holdings, Inc., is a Texas-based portfolio company of private equity firm Flexpoint Ford LLC, and was purchased for $71 million in cash plus up to […]