Partnership will construct and operate a 34-bed hospital in
LOUISVILLE, Ky. & BILLINGS, Mont.--(BUSINESS WIRE)--Jun. 28, 2017--
Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND), Billings Clinic and St.
Vincent Healthcare today announced the signing of a definitive agreement
to create a partnership to construct and operate a 34-bed inpatient
rehabilitation hospital in Billings, Montana.
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The new inpatient rehabilitation hospital, The Rehabilitation Hospital
of Montana, will offer all private rooms and treat patients who are
recovering from conditions such as stroke, traumatic brain injury and
spinal cord injury. The hospital will meet the growing clinical needs of
Billings, the state and region. Kindred will manage the day-to-day
operations of the hospital, which is expected to employ more than 100
caregivers and staff. Subject to several regulatory and other approvals,
the partners expect the inpatient rehabilitation hospital to open by the
first quarter of 2019.
Kindred and St. Vincent Healthcare have an existing relationship as
Kindred manages New Hope, the inpatient rehabilitation unit at St.
Vincent Healthcare. Kindred and St. Vincent Healthcare plan to transfer
the operations of this unit to the new rehabilitation hospital once it
“We are pleased to work with the two premier healthcare providers in
Billings to offer this high-quality post-acute care resource for the
benefit of the community,” said Jason Zachariah, President of Kindred
Rehabilitation Services, a division of Kindred. “St. Vincent Healthcare
has been a great partner and we look forward to working with Billings
Clinic on this quality-focused collaboration.”
“This collaboration will provide our community and the region greater
access to new, high-quality rehabilitation services close to home,” said
Randall Gibb, M.D., Billings Clinic Interim Chief Executive Officer. “We
are bringing together the resources and knowledge of two of the
strongest healthcare organizations in the region with Kindred’s
nationally-recognized expertise in post-acute care to build and operate
this facility, the first of its kind in Montana. This will strengthen
the system of providing rehabilitation services already integrated
within our organizations and we know this new partnership will benefit
people across the region.”
“We are pleased to be part of this unique collaboration to continue to
provide specialized inpatient rehabilitation services to patients across
Montana,” said Steve Loveless, St. Vincent Healthcare and SCL HealthMontana President. St. Vincent Healthcare is part of SCL Health, based
out of Denver, Colorado. “All three organizations have worked together
to ensure patients will receive high-quality services and team-based
care so they are able to return to the life they want to live.”
About Kindred Healthcare
Kindred Healthcare, Inc., a top-90 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 March 31, 2017, Kindred through its subsidiaries had approximately
100,100 employees providing healthcare services in 2,624 locations in 46
states, including 82 long-term acute care hospitals, 19 inpatient
rehabilitation hospitals, 91 nursing centers, 19 sub-acute units, 619
Kindred at Home home health, hospice and non-medical home care sites of
service, 101 inpatient rehabilitation units (hospital-based) and
contract rehabilitation service businesses which served 1,693
non-affiliated sites of service. Ranked as one of Fortune magazine’s
Most Admired Healthcare Companies for eight 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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Revenues for the last twelve months ended March 31, 2017.
About Billings Clinic
Billings Clinic is Montana’s largest health system serving Montana,
Wyoming and the western Dakotas. A not-for-profit organization led by a
physician CEO, Billings Clinic is governed by a board of community
members, nurses and physicians. At its core, Billings Clinic is a
physician-led, integrated multispecialty group practice with a 304-bed
hospital and Level II trauma center. Billings Clinic has more than 4,200
employees, including more than 450 physicians and advanced practitioners
offering more than 50 specialties. More information can be found at www.billingsclinic.com.
About St. Vincent Healthcare
St. Vincent Healthcare in Billings, Montana was founded in 1898 and is
one of the largest tertiary care hospitals in Montana. With 286 licensed
and 201 staffed beds, St. Vincent Healthcare provides inpatient,
outpatient and diagnostic services to over 400,000 patients throughout
eastern and south central Montana, as well as northern Wyoming. St.
Vincent Healthcare’s comprehensive, quality-driven and innovative
services include: cardiology, orthopedics, oncology, neurosciences,
general surgery and primary care. St. Vincent Children’s Healthcare is
the state’s only medical center providing a complete spectrum of care
for mothers and babies, including the Pediatric Intensive Care Unit,
newly renovated Labor and Delivery area and Level III-B Neonatal
Intensive Care Unit. St. Vincent Healthcare supports 31 outpatient
clinics, a Hybrid Operating suite, CyberKnife Radiosurgery System, da
Vinci Surgical System and operates its HELP Flight program (fixed-wing
and helicopter) with over 800 flights per year. The hospital employs
approximately 2,100 staff and has nearly 500 members on its medical
staff. To learn more, visit www.svh.org.
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Source: Kindred Healthcare, Inc.
Kindred Healthcare, Inc.
Susan E. Moss, 502-596-7296
Vice President, Marketing and Communications
Zach Benoit, 406-657-4791
Public Relations Liaison
Angela Douglas, 406-238-6204