Select Rehabilitation Acquires RehabCare from Kindred Healthcare

Select Medical to Acquire Valir Rehabilitation Hospital

September 4, 2024

Healthcare Services

Select Medical signed a definitive agreement to purchase Valir Rehabilitation Hospital, a 50-bed inpatient rehabilitation facility in Oklahoma City, from Valir Health. The company plans to add inpatient rehabilitative care to its existing Oklahoma market footprint, including a critical illness recovery hospital and outpatient rehabilitation services.

Reliable Medical Acquires MedRehab

September 30, 2023

Healthcare Services

Reliable Medical, a partner company of Seven Hills Capital, has acquired MedRehab, an Austin-based provider of complex rehab technology (CRT) and mobility solutions founded in 2018. The acquisition strengthens Reliable Medical's capacity and presence in the Texas market and expands its ability to serve medically complex pediatric and adult patients with customized equipment repairs and modifications.

Humana Acquires Kindred at Home

August 17, 2021

Healthcare Services

Humana Inc. has acquired the remaining 60% interest in Kindred at Home from private equity sponsors TPG Capital and Welsh, Carson, Anderson & Stowe in an $8.1 billion enterprise-value transaction, making Humana the nation’s largest provider of care in the home. Kindred at Home operates home health, hospice and personal care services across ~40 states (serving ~550,000 patients annually and employing ~43,000 caregivers) and will be integrated into Humana’s Home Solutions/CenterWell home health platform to accelerate value-based, home-based clinical care.

Select Medical Acquires Acuity Healthcare

June 21, 2021

Healthcare Services

Select Medical signed a definitive agreement to acquire Charlotte-based Acuity Healthcare, adding four long-term acute care hospitals and one satellite in New Jersey and West Virginia. The transaction includes joint-venture partnerships with AtlantiCare, Mon Health, Virtua Health and physician partners and expands Select Medical's LTACH network.

LifePoint Health Acquires Kindred Healthcare

June 21, 2021

Healthcare Services

LifePoint Health agreed to acquire Kindred Healthcare in June 2021 and completed the transaction in December 2021, combining LifePoint's community hospital network with Kindred's long-term acute care, rehabilitation and behavioral health capabilities. The deal created a new national system, ScionHealth, and LifePoint committed to invest roughly $1.5 billion over three years to expand services, technology and community-based care.

Paradigm Acquires Restore Rehabilitation

April 1, 2019

Healthcare Services

Paradigm has acquired Restore Rehabilitation, a case management company with field coverage in 27 states and nationwide telephonic coverage. The acquisition expands Paradigm's Complex Care Solutions capabilities and adds approximately 250 employees to support nationwide service for injured workers.