Kindred To Buy Calif.-Based Home Health Firm for $51M
Kentucky-based Kindred HealthCare will purchase Walnut Creek, Calif.-based Professional HealthCare for $51 million in cash. Professional HealthCare provides home health, hospice and private duty nursing services, as well as durable medical equipment. The acquisition is expected to close by the end of the third quarter.
- "Kindred To Buy Walnut Creek's Professional HealthCare Home Health Firm for $51M in Cash" (Rauber, San Francisco Business Times, 8/19).