Kindred sells nine nursing homes (Louisville Courier-Journa


Kindred Healthcare has sold nine under-performing nursing homes for $74 million and plans to sell two more nursing homes this year for about $4 million. Yesterday, Kindred acquired the nursing homes, which it had been leasing, in exchange for $36 million and three of the company's long-term care hospitals. Then today, the company sold nine of the nursing homes and announced plans to sell the ...