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Last $24.16 USD
Change Today +0.78 / 3.34%
Volume 619.8K
KND On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 11:33 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

kindred healthcare inc (KND) Snapshot

Open
$23.50
Previous Close
$23.38
Day High
$24.33
Day Low
$23.32
52 Week High
06/10/14 - $26.81
52 Week Low
01/6/15 - $16.94
Market Cap
1.7B
Average Volume 10 Days
1.3M
EPS TTM
$0.35
Shares Outstanding
70.0M
EX-Date
03/9/15
P/E TM
68.3x
Dividend
$0.48
Dividend Yield
1.99%
Current Stock Chart for KINDRED HEALTHCARE INC (KND)

kindred healthcare inc (KND) Related Businessweek News

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kindred healthcare inc (KND) Details

Kindred Healthcare, Inc. provides healthcare services in the United States. It operates in four divisions: Hospital, Nursing Center, Rehabilitation, and Care Management. The Hospital division operates transitional care hospitals that provide services for medically complex patients, including the critically ill, suffering from multiple organ system failures, primarily the cardiovascular, pulmonary, kidney, gastro-intestinal, and cutaneous systems. This division also operates inpatient rehabilitation hospitals, which offer services to patients who require intensive inpatient rehabilitative care. The Nursing Center division operates nursing centers and assisted living facilities that provide short stay patients and long stay residents with a range of medical, nursing, rehabilitative, pharmacy, and routine services, including daily dietary, social, and recreational services. The Rehabilitation division provides rehabilitation services, including physical and occupational therapies, and speech pathology services to residents and patients of nursing centers, acute and long-term acute care hospitals, outpatient clinics, home health agencies, assisted living facilities, school districts, and hospice providers under the RehabCare name. The Care Management division provides home health, hospice, and private duty services to patients in various settings, including homes, skilled nursing facilities, and other residential settings under the Kindred at Home name. As of December 31, 2014, Kindred Healthcare, Inc. provided healthcare services in 2,872 locations, including 97 transitional care hospitals, 16 inpatient rehabilitation hospitals, 90 nursing centers, 22 sub-acute units, and 100 inpatient rehabilitation units; and 634 Kindred at Home hospice, home health, and non-medical home care locations, as well as a contract rehabilitation services business, which served, 1,913 non-affiliated facilities. The company is headquartered in Louisville, Kentucky.

38,700 Employees
Last Reported Date: 03/2/15

kindred healthcare inc (KND) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $1.3M
President and Director
Total Annual Compensation: $980.0K
Executive Vice President and President of Reh...
Total Annual Compensation: $444.3K
Compensation as of Fiscal Year 2013.

kindred healthcare inc (KND) Key Developments

Kindred Healthcare Closes its Incremental $200 Million Term Loan

Kindred Healthcare closed its previously announced incremental $200 million term loan, the net proceeds of which were used to repay outstanding borrowings under the Company's $900 million senior secured asset-based revolving credit facility. According to a company release, this incremental term loan has the same terms as, and is fungible with, the previously outstanding $995 million of term loans under Kindred's existing senior secured term loan facility. J.P. Morgan Securities acted as sole lead arranger and sole bookrunner for the transaction. JPMorgan Chase Bank is the administrative agent and collateral agent for Kindred's existing senior secured term loan facility under which the incremental term loan was borrowed.

Kindred Healthcare, Inc. Announces Pricing of Incremental Term Loan

Kindred Healthcare Inc. announced it has completed syndication and pricing of an incremental $200 million term loan, the proceeds of which will be used to repay outstanding borrowings under the company’s $900 million senior secured asset-based revolving credit facility. This borrowing was issued with 50 basis points of OID and will have the same terms as, and will be fungible with, the outstanding $995 million of term loans under Kindred’s existing senior secured term loan facility. Kindred expects the financing to close on March 10, 2015, subject to customary closing conditions.

Kindred Healthcare Inc. Announces Executive Changes

Kindred Healthcare Inc. announced that Jon B. Rousseau, President of Kindred's Care Management Division, has been named Executive Vice President and President of RehabCare, effective with the April 1, 2015 retirement of Patricia M. Henry. In addition, Kindred announced that William M. Altman, Executive Vice President for Strategy, Policy and Integrated Care, will assume responsibilities for Kindred's care management operations. Mr. Rousseau will report to Kindred's Chief Operating Officer, Kent H. Wallace, and Mr. Altman will report to Benjamin A. Breier, Kindred's President and Chief Executive Officer-elect. The company also announced the appointment of Christopher Day as Senior Vice President, Strategy and Care Management. Mr. Day will report to Mr. Altman. Mr. Rousseau has served as President of Kindred's Care Management Division, which included Kindred at Home, since July 2013. Prior to joining Kindred, Mr. Rousseau was Vice President of Global Marketing, Vice President of North America Marketing, led major strategic initiatives, and co-led the branded business unit for Mylan Inc. Mr. Altman, who joined the Company in 1996, has served as Executive Vice President for Strategy, Policy and Integrated Care since May 2012 and was Senior Vice President, Strategy and Public Policy from January 2008 to May 2012. Mr. Altman is responsible for working with leading policymakers and national trade organizations in order to advance Kindred's strategic plan, Integrated Care Markets and network development activities on behalf of Kindred patients and employees. Mr. Dayjoins Kindred from Aetna Inc., where he has served as Chief Business Development Officer since 2010. He has been recognized as a national leader in working with providers to design and build new models that deliver more value for consumers.

 

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KND Competitors

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Industry Analysis

KND

Industry Average

Valuation KND Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 1.1x
Price/Cash Flow 21.2x
TEV/Sales NM Not Meaningful
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