KINDRED HEALTHCARE OPENS OPENS REPLACEMENT HOSPITAL IN INDIANAPOLIS, INDIANA, AND NEW HOSPITAL IN PHOENIX, ARIZONA
Louisville, KY (February 4, 2008) – Kindred Healthcare, Inc. (the “Company”) (NYSE:KND) today announced the relocation and expansion of Kindred Hospital - Indianapolis South in Greenwood, Indiana, and the opening of Kindred Hospital Arizona - Northwest Phoenix in Peoria, Arizona.
Kindred Hospital - Indianapolis South is a 60-bed freestanding long-term acute care (“LTAC”) hospital in Greenwood, Indiana, immediately south of Indianapolis. The newly constructed 60-bed hospital replaced an existing 46-bed Kindred Hospital - Indianapolis South facility, which had been in its previous location for more than 14 years. The new design for Kindred Hospital - Indianapolis South includes all private hospital rooms. The Company also currently operates a freestanding LTAC hospital in downtown Indianapolis under the name Kindred Hospital - Indianapolis, as well as five nursing and rehabilitation centers as part of its Indianapolis cluster market.
Kindred Hospital Arizona - Northwest Phoenix is a 58-bed freestanding LTAC hospital in Peoria, a suburb in the west valley of Phoenix. This hospital is on the campus of Freedom Plaza Retirement Community, which is operated by Brookdale Senior Living Inc. (NYSE:BKD). Kindred currently operates two freestanding LTAC hospitals in the Phoenix area under the names Kindred Hospital Arizona - Phoenix and Kindred Hospital Arizona - Scottsdale.
“These new hospitals fit squarely into our strategic plan to focus our capital and management attention on those growing markets in need of high-quality post-acute care,” said Paul J. Diaz, President and Chief Executive Officer of the Company. “Indianapolis and Phoenix are important cities in our cluster market strategy, where we are looking to better serve the community and share resources and expertise between our hospitals and nursing centers.”
“Our new Indianapolis South hospital offers the latest technology
and enhanced clinical programs to meet the needs of a growing market,”
said Frank J. Battafarano, Executive Vice President and President of the
Company’s Hospital Division. “The Northwest Phoenix hospital
allows us to provide specialized care to medically complex patients who
require prolonged treatment plans and extended recovery time.”
About Kindred Healthcare
Kindred Healthcare, Inc. (NYSE:KND) is a Fortune 500 healthcare services company, based in Louisville, Kentucky, with annual revenues of over $4 billion. Kindred through its subsidiaries operates long-term acute care hospitals, skilled nursing centers and a contract rehabilitation services business, Peoplefirst Rehabilitation Services, in approximately 600 locations in 39 states across the United States. Kindred’s 52,500 employees are committed to providing high quality patient care and outstanding customer service to become the most trusted and respected provider of healthcare services in every community we serve. For more information, go to www.kindredhealthcare.com.
CONTACT:
Susan E. Moss
Vice President of Corporate Communications
(502) 596-7296
