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Kindred Healthcare and Palomar Health Announce Plans for Inpatient Rehabilitation Hospital

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LOUISVILLE, Ky. & SAN DIEGO--(BUSINESS WIRE)--Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has signed a definitive agreement with Palomar Health (“Palomar”) to create a joint venture to construct and operate a 52-bed inpatient rehabilitation hospital in Escondido, California, a city in north San Diego County. Kindred will own a slight majority in the joint venture and will manage the day-to-day operations of the new hospital, to be constructed on the


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