LifePoint Health and Kindred Healthcare are set to establish a new healthcare company, under the name ScionHealth, to be headquartered in Louisville, Kentucky, the US.

The new company will be launched after concluding the previously announced acquisition of Kindred, which is expected to be completed later this year.

Kindred Healthcare CEO Benjamin Breier said: “With the launch of ScionHealth and growth of LifePoint Health, our organisations will advance healthcare for the communities we serve, while building upon Kindred’s legacy and commitment to the Louisville business community as a strong corporate citizen, significant employer, and care innovator.

“Our patients and partners will greatly benefit from two well-capitalised and diversified companies that are unique in their focus but also share a deep commitment to quality care, collaboration, and creating great workplaces.”

ScionHealth will operate a total of 79 hospital campuses located across 25 states in the country.

They include Kindred’s 61 long-term acute care hospitals and 18 community hospitals and health systems belonging to LifePoint.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The new company will be led by management team, consisting members from LifePoint as well as Kindred.

Additionally, LifePoint intends to combine more than 65 hospital campuses and its network of physician practices and outpatient centres with Kindred’s rehabilitation and behavioural health businesses.

LifePoint president and CEO David Dill said: “As our teams began to examine how best to bring together the operations of LifePoint and Kindred, it became increasingly clear that we had the right mix of talent, services and assets to reorganize into two strong companies to better serve our patients and communities.

“In forming two companies with unique areas of focus, LifePoint Health and ScionHealth can improve access to quality care, create more opportunities for our employees, and invest in our communities.”