Business

Select finalizes acquisition of RehabCare

Posted November 30, 2020 10:00 pm

GLENVIEW - Select Rehabilitation Tuesday announced it has finalized the acquisition of RehabCare from Kindred Healthcare LLC. The deal was first announced last year. Transaction terms were not disclosed.

RehabCare is Select's eighth strategic acquisition in eight years. Select has grown to become the nation's largest founder-owned and operated provider of contract therapy services to 2,300 skilled nursing facilities, assisted and independent living facilities, schools and home health locations in 43 states.

"We are pleased to complete the sale of RehabCare to Select, an industry leader with the same values and dedication as RehabCare," said Kindred's President and CEO, Benjamin A. Breier.

Kindred Healthcare is based in Louisville, Kentucky.

Select employs 17,000 rehabilitation therapists.

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