What You Should Know:
– LifePoint Health and Kindred Healthcare announced they have entered into a definitive agreement for LifePoint to acquire Kindred Healthcare. Financial terms of the acquisition were not disclosed.
– The acquisition enhances LifePoint’s commitment to providing high-quality care close to home with Kindred’s specialty hospital and rehabilitative expertise and emerging behavioral healthcare platform.
– In addition, LifePoint to invest $1.5 billion over the next three years to continue advancing healthcare delivery in the communities it serves.