KINDRED HEALTHCARE AND HUMANA REACH AGREEMENT ON NATIONAL CONTRACT
Louisville, KY (July 23, 2008) – Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND) today announced that Kindred and Humana Inc. (NYSE:HUM) have reached agreement on a contract that allows Humana members to access Kindred nursing centers in 26 states.
The contract took effect June 1, 2008. Terms of the agreement were not disclosed. Under the agreement, members of Humana’s commercial insurance plans and Medicare Advantage plans will be able to access 223 Kindred nursing centers.
“We are pleased to be a provider of quality patient care for Humana members,” said Paul J. Diaz, Kindred’s President and Chief Executive Officer. “Kindred is recognized as a leader in the management and delivery of post-acute care. We believe that this contract will allow us to offer our services to Humana members in new locations.”
About Kindred Healthcare
Kindred Healthcare, Inc. (NYSE:KND) is a healthcare services company, based in Louisville, Kentucky, with annual revenues of over $4 billion. At March 31, 2008, Kindred through its subsidiaries provided healthcare services in 646 locations in 40 states, including 84 long-term acute care hospitals, 228 skilled nursing centers and a contract rehabilitation services business, Peoplefirst rehabilitation services, which served 334 non-affiliated facilities. Kindred’s 52,900 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, Communications
(502) 596-7296
