Unable to Find Buyer, Kindred Plans to Shut Down Rehab Hospital in California

Kindred Healthcare plans to shut down the 64-bed Kindred Hospital Modesto, according to a report by the San Jose Mercury News.

Advertisement

Kindred put the rehabilitation hospital up for sale last year, saying it was no longer profitable, but it could not find a buyer.

Read the Mercury News’ report on Kindred Healthcare.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.