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Founded Year

1985

Stage

Acquired | Acquired

Total Raised

$145.37M

Revenue

$0000 

About Kindred Healthcare

Kindred Healthcare operates as a healthcare services company. The company provides intensive medical and rehabilitative care services, with a particular emphasis on long-term acute care and subacute units. It primarily serves the healthcare industry. The company was founded in 1985 and is based in Louisville, Kentucky. In June 2021, Kindred Healthcare was acquired by Lifepoint Health.

Headquarters Location

680 South Fourth Street

Louisville, Kentucky, 40202,

United States

866-546-3733

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Latest Kindred Healthcare News

Aware Recovery Care Appoints Earl Reed to Board of Directors

Nov 7, 2023

Aware Recovery Care Appoints Earl Reed to Board of Directors Wallingford, CT, Nov. 07, 2023 (GLOBE NEWSWIRE) — Aware Recovery Care, a pioneer in the in-home mental health and substance use disorder treatment industry, announced today that it has appointed a new independent director, W. Earl Reed III to its Board of Directors. Reed is the founder of Springstone, Inc., a private equity-backed developer and operator of hospitals specializing in mental health and addiction treatment. He was a board member and past chairman, president, and chief executive officer of Springstone. The company developed 18 hospitals across 9 states. Springstone was sold in 2021 for approximately one billion dollars. Reed is also a founding partner and chief executive officer of The Allegro Group, which provides healthcare financial and operating advisory services with a mission to bring real-world experience to the next generation of healthcare companies. In prior roles, Reed has served as chairman and chief executive officer of LifeCare Management Services, LLC, and Rehab Designs of America. He was a co-founder, chief financial officer and a board member of Vencor, Inc. (now Kindred Healthcare, Inc.) and was previously a member of the Humana financial operating team. “With his extensive experience in behavioral health, addiction treatment, and the broader healthcare ecosystem, Earl will be a valuable addition to Aware Recovery Care’s Board of Directors,” said Dr. Brian Holzer, chief executive officer of Aware Recovery Care. “We are proud to have him join a distinguished Board that is guiding the growth of Aware’s In-Home Addiction Treatment (“IHAT”) model as it expands to new markets, bringing hope and healing to recovering individuals and their families.” “I’m honored to join the Board of Directors at Aware Recovery Care, which is revolutionizing the addiction treatment and behavioral health space by bringing care directly to individuals in their homes,” said Reed. “Today’s epidemic of substance use disorder calls for groundbreaking solutions, and Aware’s model meets people where they are with compassionate care that’s backed by science and a growing track record of positive outcomes.” About Aware Recovery Care Aware Recovery Care helps people affected by addiction recover at home through its groundbreaking, evidence-based IHAT model. By transforming the home into a treatment center and delivering collaborative care with lived experience to those in need, Aware empowers individuals and their loved ones to thrive and make sustainable recovery possible. The program helps clients learn new skills and daily habits required to maintain abstinence while remaining in their community, thereby avoiding the often-difficult return home seen from traditional treatment options. In May 2023, Aware raised $52M in Series B financing, bolstering the company’s substantial growth trajectory into new markets nationwide. Aware now operates in 11 states (CT, FL, GA, IN, KY, ME, MA, NH, OH, RI, VA) and is poised for further expansion in partnership with established national and regional payors, employers, and other stakeholders. Aware was certified as a “Great Place to Work” in August 2022. To learn more about Aware’s impact on addiction,  click here .

Kindred Healthcare Frequently Asked Questions (FAQ)

  • When was Kindred Healthcare founded?

    Kindred Healthcare was founded in 1985.

  • Where is Kindred Healthcare's headquarters?

    Kindred Healthcare's headquarters is located at 680 South Fourth Street, Louisville.

  • What is Kindred Healthcare's latest funding round?

    Kindred Healthcare's latest funding round is Acquired.

  • How much did Kindred Healthcare raise?

    Kindred Healthcare raised a total of $145.37M.

  • Who are the investors of Kindred Healthcare?

    Investors of Kindred Healthcare include Lifepoint Health, Welsh Carson Anderson & Stowe, TPG Capital and Humana.

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