Federal lawmakers demand three major senior care chains justify corporate spending
By
Josh Henreckson
May 07, 2024
Congressional leaders demanded insight on the spending policies of three large chains that provide long-term care, casting doubt on their leaders’ claims that they cannot afford to meet the new federal...
Rent battle to enter another month
By
Haymarket Media
Jul 01, 2006
The dispute between Kindred Healthcare Inc. and its landlord, Ventas Inc., will continue into July.
Ventas: Rent hikes, acquisitions boost funds from operations
By
Haymarket Media
May 04, 2006
Ventas’ first-quarter funds from operations are up 41% over the same period
a year ago, the real estate investment trust announced Tuesday. The
Louisville, KY-based company attributed the rise to...
Kindred’s 2010 earnings outlook improves
Nov 04, 2010
Kindred Healthcare Inc. has raised its earnings guidance for continuing operations for 2010.
Kindred shifts allegiance to Omnicare from PharMerica
By
Tim Mullaney
Aug 01, 2013
Kindred Healthcare will split with PharMerica and instead partner with Omnicare in 2014, marking a significant change in the landscape of long-term care pharmacy services providers.
Kindred renews leases with Ventas as profits tumble
By
Haymarket Media
May 01, 2007
Louisville-based Ventas Inc. and Kindred Healthcare Inc. said April 30 they agreed to renew the terms of a lease agreement on 64 facilities owned by Ventas, according to announcements from both companies.
Kindred confirms Ventas deal, will fully leave SNF biz
By
Aug 09, 2017
Kindred Healthcare Inc. confirmed in July its previously announced plan to exit the skilled nursing facility industry.
Report: Scientists have completely mapped chromosomes linked to major diseases
By
Haymarket Media
Jun 01, 2004
Scientists have produced a complete map of human chromosomes 9 and 10, which are linked to diseases including cancer, diabetes and Alzheimer’s, according to the journal Nature.
Ventas opts to raise Kindred rents by $33.1 million
By
Haymarket Media
Oct 13, 2006
Marking the end of a reset dispute, Ventas Inc. has chosen to raise the rent of nursing home chain Kindred Healthcare Inc. under four master leases by $33.1 million per year.
Ventas reports stable first-quarter earnings
By
Haymarket Media
Apr 30, 2004
Ventas reported first-quarter earnings of $23.3 million, compared with $37.3 million a year ago. First-quarter revenues topped $54 million, compared with $47 million a year ago.