![]()
Kindred Healthcare Inc. has reached agreements with Ventas Inc. that will help Kindred with its plan to exit the skilled-nursing facility business.
Louisville-based Kindred (NYSE: KND) announced those plans last week, when it also posted a third-quarter loss of $685.6 million.
Ventas (NYSE: VTR) is a Chicago-based real estate investment trust that owns 36 properties where Kindred operates skilled-nursing facilities.
According to a news release, Kindred has initiated a process to sell all of its…