Kindred Sells Seven Nursing Centers for $47M, Creates Transitional Care Division

Kindred Healthcare, Inc. (NYSE: KND) announced Wednesday that it has sold seven nursing centers for approximately $47 million to affiliates of Signature Healthcare, LLC. The nursing facilities contain 900 licensed beds, with five of the facilities owned and the remaining ones leased.  Together, the facilities generated revenues of $63 million and earnings before interest, income […]