LOUISVILLE, Ky.--(BUSINESS WIRE)--
Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today
announced the appointment of Franke P. Elliott as Chief Managed Care
Officer.
Prior to joining Kindred, Mr. Elliott was a Senior Vice President of
Business Development for HealthSpring, Inc., a subsidiary of Cigna
Corporation (NYSE:CI), one of the country’s leading health plans focused
on delivering care to the senior population through innovative physician
partnerships, Medicare Advantage and Medicaid products, where he focused
on new market expansion, strategic partnerships and the company’s
Medicaid and the Dual Eligible initiatives. Mr. Elliott has worked in
the healthcare industry, particularly in the area of managed care, for
almost 20 years, having held key management positions in both the health
services and insurance sectors. He has considerable experience in
strategic planning, business development and managed care contracting,
including helping organizations plan and execute revenue growth
initiatives. From 2001 to 2010, Mr. Elliott worked for HCA Holdings,
Inc. (NYSE:HCA) and for the last three years at HCA, Mr. Elliott was
Regional Vice President, Managed Care, where he was responsible for all
aspects of the business relationship with insurance companies and health
plans for the company’s hospitals in 10 markets throughout the United
States.
“Franke’s experience with healthcare providers and managed care
organizations is invaluable to our strategy of participating in the
development of new care delivery and payment models with the goal of
creating a healthcare system which is more integrated, patient-centered
and outcome focused,” said Paul J. Diaz, Chief Executive Officer of the
Company. “We are excited to have Franke help us build our commercial
business, which is one of the pillars of our growth strategy, as we
continue to expand our relationships with managed care organizations,
health systems, physician groups and acute care hospitals.”
About Kindred Healthcare
Kindred Healthcare, Inc., a top-125 private employer in the United
States, is a FORTUNE 500 healthcare services company based in
Louisville, Kentucky with annual revenues of $6 billion and
approximately 76,000 employees in 46 states. At March 31, 2012, Kindred
through its subsidiaries provided healthcare services in 2,142
locations, including 120 long-term acute care hospitals, six inpatient
rehabilitation hospitals, 224 nursing and rehabilitation centers, 26
sub-acute units, 52 hospice and home care locations, 100 inpatient
rehabilitation units (hospital-based) and a contract rehabilitation
services business, RehabCare, which served 1,614 non-affiliated
facilities. Ranked as one of Fortune magazine’s Most Admired Healthcare
Companies for four years in a row, 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.
Kindred Healthcare, Inc.
Susan E. Moss, 502-596-7296
Vice
President, Communications
Source: Kindred Healthcare, Inc.
| Copyright: | Copyright Business Wire 2012 |
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