Home » Kindred Healthcare acquires Arkansas in-home health care operation for $39M

Kindred Healthcare acquires Arkansas in-home health care operation for $39M

Covers personal care in 69 of state’s 75 counties

LOUISVILLE, Ky. (Aug. 1, 2016) — Kindred Healthcare, Inc. and the Arkansas Department of Health today announced that the parties have completed a previously announced agreement for Kindred to acquire the in-home health care operations from ADH, which includes licenses to provide home health, hospice and personal care services throughout the state of Arkansas, for approximately $39 million. Kindred reached an agreement with ADH following a state bidding process.

In the transaction, Kindred acquired the agency’s licenses to provide home health and personal care services in 69 counties and hospice services in 42 counties. As part of the agreement, Kindred agreed to retain all current employees and agreed to serve all current patients upon consent. Including the home health and hospice services that Kindred previously provided in Arkansas, Kindred now provides in-home healthcare services in 72 of the state’s 75 counties.

“We welcome the Agency’s caregivers to our team as we expand our Kindred at Home operations in Arkansas,” said Benjamin A. Breier, Kindred’s president and CEO. “We are excited to build on the state’s program and look forward to bringing our care and clinical protocols to these operations to improve the ability of patients to safely return home or to remain in their home.”