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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Kindred Healthcare and HealthTrust Enter Exclusive Supply Chain Relationship

March 4, 2019

NASHVILLE, Tenn.--(BUSINESS WIRE)--Mar 4, 2019--HealthTrust, a healthcare performance improvement company, and Kindred Healthcare, LLC, a $3 billion healthcare services company, today announced the signing of a multi-year exclusive agreement for group purchasing and supply chain services. Headquartered in Louisville, Ky., Kindred Healthcare is a specialty hospital and rehabilitation company providing services in 45 states.

“In evaluating a new group purchasing relationship, the primary goal was continued support of our high quality patient care standards through enhanced product access and supply chain efficiencies,” said Scott Nelson, senior vice president of Supply Chain for Kindred Healthcare. “We are excited to begin a new partnership with HealthTrust, which has a reputation for delivering premium value to its members, and an established track record for enhancing operating performance.”

“We are honored to be selected as an integral complement to Kindred’s long-term supply chain strategy,” remarked Ed Jones, HealthTrust president and CEO. “We look forward to building lasting relationships and creating value in support of Kindred’s mission.”

About HealthTrust

HealthTrust (Healthtrust Purchasing Group, L.P.) is committed to strengthening provider performance and clinical excellence through an aligned membership model and the delivery of total spend management advisory solutions that leverage our operator experience, scale and innovation. Headquartered in Nashville, Tennessee, HealthTrust ( www.healthtrustpg.com ) serves over 1,500 hospitals and health systems, and more than 35,500 other member locations including ambulatory surgery centers, physician practices, long-term care and alternate care sites. On Twitter @healthtrustpg.

About Kindred Healthcare

Kindred Healthcare, LLC is a healthcare services company based in Louisville, Kentucky with annual revenues of approximately $3.3 billion. At December 31, 2018, Kindred through its subsidiaries had approximately 35,700 employees providing healthcare services in 1,789 locations in 45 states, including 74 long-term acute care hospitals, 22 inpatient rehabilitation hospitals, 11 sub-acute units, 96 inpatient rehabilitation units (hospital-based) and contract rehabilitation service businesses which served 1,586 non-affiliated sites of service. Ranked as one of Fortune magazine’s Most Admired Healthcare Companies for nine years, Kindred’s mission is to promote healing, provide hope, preserve dignity and produce value for each patient, resident, family member, customer and employee we serve. For more information, go to www.kindredhealthcare.com. You can also follow us on Twitter and Facebook.

Original Release: https://healthtrustpg.com/press/kindred/

View source version on businesswire.com:https://www.businesswire.com/news/home/20190304005060/en/

CONTACT: Richard Jonardi

615.344.3219

richard.jonardi@healthtrustpg.com

KEYWORD: UNITED STATES NORTH AMERICA KENTUCKY TENNESSEE

INDUSTRY KEYWORD: PRACTICE MANAGEMENT HEALTH HOSPITALS

SOURCE: HealthTrust

Copyright Business Wire 2019.

PUB: 03/04/2019 08:59 AM/DISC: 03/04/2019 08:59 AM

http://www.businesswire.com/news/home/20190304005060/en