Kindred reported a profit of $19.3 million compared with a profit of $21.2 million in the prior-year quarter. Revenue rose 3 percent to $1.07 billion, according to a story in the Louisville Courier-Journal.
The fourth quarter results were better than expected in a difficult reimbursement environment, Kindred CEO Paul Diaz said in a written statement.
Read the Louisville Courier-Journal story on Kindred’s fourth quarter.