| Business Summary | | Kindred
Healthcare,
Inc,
formerly
known
as
Vencor,
Inc.,
provides
long-term
healthcare
services
primarily
through
the
operation
of
nursing
centers
and
hospitals.
At
December
31,
2000,
the
Company's
health
services
division
operated
312
nursing
centers
(40,189
licensed
beds)
in
31
states
and
a
rehabilitation
therapy
business.
The
Company's
hospital
division
operated
56
hospitals
(4,886
licensed
beds)
in
23
states
and
an
institutional
pharmacy
business.
The
Company
is
organized
into
two
operating
divisions:
the
health
services
division,
which
provides
long-term
care
services
by
operating
nursing
centers
and
a
rehabilitation
therapy
business;
and
the
hospital
division,
which
provides
long-term
acute
care
to
medically
complex
patients
by
operating
hospitals
and
an
institutional
pharmacy
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | KIND
provides
healthcare
services
primarily
for
the
elderly,
operating
long
term
acute
care
hospitals
and
nursing
centers,
providing
rehabilitation
therapies,
medical
and
pharmacy
management
services.
For
the
six
months
ended
6/30/01,
revenues
rose
7%
to
$1.52
billion.
Net
income
before
extraordinary
item
and
applicable
to
Common
totaled
$65.4
million
vs.
a
loss
of
$21.5
million.
Results
reflect
increased
Medicare
and
Medicaid
funding
and
decreased
rent
and
depreciation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Edward Kuntz, 55 Chairman,
CEO and Pres | $2.0M | Richard Schweinhart, 51 CFO,
Sr. VP | 687K | Frank Battafarano, 50 Pres,
Hospital Division | 610K | Donald Finney, 53 Pres,
Health Services Division | 678K | Richard Chapman, 52 Sr.
VP, CAO, Chief Information Officer | 679K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|