LOUISVILLE, Ky.--(BUSINESS WIRE)--Oct. 29, 2015--
Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today
announced that its Board of Directors has appointed Dr. Sharad Mansukani
to the Board effective immediately.
Dr. Mansukani serves as a Senior Advisor to TPG (formerly Texas Pacific
Group), a global private equity investment firm with a capital portfolio
of over $74 billion, and as Strategic Advisor to the Board of Directors
of Cigna Corp. (“Cigna”) (NYSE:CI). He previously served as Vice
Chairman of the Board of Directors of HealthSpring, Inc. (NYSE:HS) prior
to it being acquired by Cigna. In addition, Dr. Mansukani currently
serves on the Board of Directors of IASIS Healthcare, an operator of
acute care hospitals, Surgical Care Affiliates (NASDAQ:SCAI), the
largest ambulatory surgery center business in the United States, and IMS
Health Holdings, Inc. (NYSE:IMS), a leading provider of market
intelligence to the pharmaceutical and healthcare industries.
Previously, Dr. Mansukani was a member of Medicare’s Program Advisory
and Oversight Committee and served as a Senior Advisor to the
Administrator of the Centers for Medicare and Medicaid Services, where
he advised on the design and implementation of the Medicare prescription
drug benefit, Medicare Part B reform and the Medicare Advantage policy.
Dr. Mansukani completed a residency and fellowship in ophthalmology at
the University of Pennsylvania School of Medicine and a fellowship in
quality management and managed care at the Wharton School of Business.
“Sharad brings a unique skill set and perspective that will be an asset
to the Board and management team as we push forward our vision of the
most effective and efficient delivery of care to an aging population,”
said Phyllis R. Yale, Chair of Kindred’s Board.
“We look forward to working with Dr. Mansukani,” said Benjamin A.
Breier, President and Chief Executive Officer of the Company. “His
knowledge of healthcare policy and trends, along with his experience in
both the public and private sectors, will be invaluable in helping
Kindred continue to provide innovative care solutions in a rapidly
changing healthcare landscape.”
About Kindred Healthcare
Kindred Healthcare, Inc., a top-85 private employer in the United
States, is a FORTUNE 500 healthcare services company based in
Louisville, Kentucky with annual revenues of approximately $7.2 billion(1).
At June 30, 2015, Kindred through its subsidiaries had approximately
103,700 employees providing healthcare services in 2,730 locations in 47
states, including 96 transitional care hospitals, 16 inpatient
rehabilitation hospitals, 90 nursing centers, 21 sub-acute units, 656
Kindred at Home home health, hospice and non-medical home care sites of
service, 99 inpatient rehabilitation units (hospital-based) and a
contract rehabilitation services business, RehabCare, which served 1,752
non-affiliated sites of service. Ranked as one of Fortune magazine’s
Most Admired Healthcare Companies for six years, Kindred’s mission is to
promote healing, provide hope, preserve dignity and produce value for
each patient, resident, family member, customer, employee and
shareholder we serve. For more information, go to www.kindredhealthcare.com.
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(1) Revenues were computed by combining the twelve
months ended December 31, 2014 data for Kindred, Gentiva Health
Services, Inc., which was acquired by the Company on February 2, 2015,
and Centerre Healthcare Corporation, which was acquired by the Company
on January 1, 2015.
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Source: Kindred Healthcare, Inc.
Kindred Healthcare, Inc.
Susan E. Moss, 502-596-7296
Vice President, Marketing and Communications