Kindred Healthcare’s subsidiary has acquired the assets of US-based home health services provider, Synergy Home Health Care.

The company used its operating cash flows and proceeds from its revolving credit facility to finance the transaction.

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.

Kindred Healthcare president and CEO Paul Diaz said the transaction will allow the subsidiary to expand its home health and hospice business and its continuum of post-acute care services for patients and residents in several of the key cluster markets.

Synergy is a home health company serving the greater Boston, Massachusetts, market, with two locations in Marlborough and Weymouth, Massachusetts, which currently generate annual revenues of approximately $5 million.

Kindred currently operates 25 nursing and rehabilitation centres and five long-term acute care hospitals within Synergy’s service areas.

Kindred provides hospice services in Massachusetts as well as in Arizona, California, Colorado, Indiana, Nevada, Ohio and Utah.