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California Healthline Daily Edition

Summaries of health policy coverage from major news organizations

Thursday, Aug 26 2010

Firm Aims To Acquire 5 Calif. Long-Term Care Hospitals

Kentucky-based Kindred Healthcare has announced plans to acquire five long-term acute care hospitals owned by Southern California's Vista Healthcare. Kindred will pay Vista $180 million for the four freestanding hospitals and one hospital-in-hospital facility. Kindred also plans to acquire three nursing homes in Texas. The acquisitions are expected to close this year.

"Kindred To Pay $218 Million for Hospitals, Nursing Homes" (Commins, HealthLeaders Media, 8/25).

This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.

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California Healthline is a service of the California Health Care Foundation produced by KFF Health News, an editorially independent program of the KFF.

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