Home Health & Hospice Week
Industry Note:
LTC Chain Buys HHAs On Opposite Sides Of U.S.
Published on Fri Jun 28, 2013
Long-term care giant Kindred Health-care Inc. plans to buy the assets of Arrowhead Home Health Inc. and Arrowhead Hospice Cen-ters Inc. in Phoenix and All Heart Home Health Agency and Hospice, Inc. in Norfolk, Va.
Arrowhead and All Heart have annual revenues of about $2.2 million and $5.5 million, respectively, Kindred says in a release. The Louis-ville, Ky.-based chain currently operates two long-term acute care hospitals in the Phoenix area and three nursing and rehab centers in the Virginia Beach-Norfolk-Newport News area.
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