Humana, Private Equity Firms Could Soon Acquire Kindred

Near the end of a year that has already seen Kindred Healthcare, Inc. (NYSE: KND) exit the skilled nursing industry, the health care giant is still making headlines.

Insurance provider Humana, Inc. (NYSE: HUM) is reportedly closing in on a deal to buy Kindred in conjunction with a pair of private equity firms, according to sources who spoke to the Wall Street Journal. With the Louisville, Ky.-based Kindred aiming to be completely out of the skilled nursing game by the end of 2017, the rumored deal wouldn’t have a direct impact on the SNF industry, but it would represent a major shake-up in the overall long-term care space.

Check out the full story on our sister website, Home Health Care News.

Written by Alex Spanko

Photo Credit:

  • IMG_3872-e1508515839636-1024×768: Mary Kate Nelson/Skilled Nursing News
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Alex Spanko
Assistant Editor at Aging Media Network
Alex covers the skilled nursing and reverse mortgage industries for Aging Media. Outside of work, he reads nonfiction, yells at Mets games from his couch, and enjoys pretty much any type of whiskey or scotch — often all at once.