Kindred Closes $95 Million Acquisition of Senior Home Care

Kindred Healthcare, Inc. (NYSE:KND) announced on Tuesday the closing of its previously announced, $95 million acquisition of Senior Home Care, Inc. The transaction was financed with Kindred’s operating cash flows and proceeds from a revolving credit facility. Senior Home Care, a home health provider with 47 locations in Florida and Louisiana, currently generates annualized revenues […]

Senior Home Care Expands In-Home Telemonitoring Services

As one of Senior Home Care’s service offerings, the company is expanding its in-home telemonitoring options to clients in its Florida-based home care agencies.  The telemonitoring service is offered currently through several of Senior Home Care’s agencies, including Gainesville, Naples and Fort Meyers, and is now introducing the services to Winter Haven. Its first foray […]