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Published on May 10, 2018

Kindred Healthcare, Billings Clinic and St. Vincent Healthcare Announce Location for Rehabilitation Hospital

Kindred Healthcare Billings Clinic St Vincent Healthcare

Partnership will construct and operate a 34-bed hospital in Billings, Montana

LOUISVILLE, Ky. and BILLINGS, Mt. (May 10, 2018) – Kindred Healthcare, Inc. (“Kindred”) (NYSE:KND), Billings Clinic and St. Vincent Healthcare today announced that they will build The Rehabilitation Hospital of Montana on Billings’ West End at the southeast corner of Gabel Road and Hesper Road. The Rehabilitation Hospital of Montana is a partnership between the three organizations to construct and operate a 34-bed inpatient rehabilitation hospital in Billings.

The new inpatient rehabilitation hospital, announced in June of 2017, will offer all-private rooms and treat patients who are recovering from conditions such as stroke, traumatic brain injury and spinal cord injury. The hospital will meet the growing clinical needs of Billings, the state and region. Kindred will manage the day-to-day operations of the hospital, which is expected to employ more than 100 caregivers and staff. Subject to several regulatory and other approvals, the partners expect the inpatient rehabilitation hospital to open by the first quarter of 2019.

Kindred and St. Vincent Healthcare have an existing relationship as Kindred manages New Hope, the inpatient rehabilitation unit at St. Vincent Healthcare. Kindred and St. Vincent Healthcare plan to transfer the operations of this unit to the new rehabilitation hospital once it is open.

“We are pleased to work with the two premier health care providers in Billings and look forward to breaking ground on this high-quality post-acute care facility that will greatly benefit the community,” said Jason Zachariah, President of Kindred Rehabilitation Services, a division of Kindred. “St. Vincent Healthcare has been a great partner and we look forward to working with Billings Clinic on this quality-focused collaboration.”

“This collaboration will provide our community and the region greater access to new, high-quality rehabilitation services close to home, and we look forward to continuing its development,” said Randall Gibb, M.D., Billings Clinic Chief Executive Officer. “We are bringing together the resources and knowledge of two of the strongest health care organizations in the region with Kindred’s nationally-recognized expertise in post-acute care to build and operate this facility, the first of its kind in Montana. This will strengthen the system of providing rehabilitation services already integrated within our organizations and we know this new partnership will benefit people across the region.”

“All three organizations are working together in this unique collaboration to ensure patients across Montana will receive specialized inpatient rehabilitation services,” said Steve Loveless, St. Vincent Healthcare and SCL Health Montana President. St. Vincent Healthcare is part of SCL Health, based out of Broomfield, Colorado. “Today’s announcement means we are one step closer to providing patients with the high-quality services and team-based care they deserve and need to return to the life they want to live.”

About Kindred Healthcare

Kindred Healthcare, Inc., a top-105 private employer in the United States, is a FORTUNE 500 healthcare services company based in Louisville, Kentucky, with annual revenues of approximately $6.0 billion. At December 31, 2017, Kindred’s continuing operations, through its subsidiaries, had approximately 85,300 employees providing healthcare services in 2,471 locations in 45 states, including 75 long-term acute care hospitals, 19 inpatient rehabilitation hospitals, 13 sub-acute units, 608 Kindred at Home home health, hospice and non-medical home care sites of service, 99 inpatient rehabilitation units (hospital-based) and contract rehabilitation service businesses which served 1,657 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, employee and shareholder we serve. For more information, go to www.kindred.com. You can also follow us on Twitter and Facebook.

About Billings Clinic Billings

Clinic is Montana’s largest health system serving Montana, Wyoming and the western Dakotas. A not-for-profit organization led by a physician CEO, Billings Clinic is governed by a board of community members, nurses and physicians. At its core, Billings Clinic is a physician-led, integrated multispecialty group practice with a 304-bed hospital and Level II trauma center. Billings Clinic has more than 4,200 employees, including more than 440 physicians and advanced practitioners offering more than 50 specialties. More information can be found at www.billingsclinic.com.

About St. Vincent Healthcare

St. Vincent Healthcare delivers compassionate, quality care to the people of Montana, Wyoming and the western Dakotas. Serving the region for more than 115 years, St. Vincent Healthcare is located in Billings, Montana. In addition to 11 primary care clinics in and around the Billings area, St. Vincent Healthcare offers dozens of progressive specialty services and a 201-bed hospital. St. Vincent even has a special “hospital within a hospital” just for children, St. Vincent Children’s Healthcare. St. Vincent Healthcare has more than 1,700 associates and more than 500 physicians and advanced care professionals. St. Vincent is part of SCL Health, a nonprofit faith-based health system with 12 hospitals in Colorado and Montana. Together, St. Vincent Healthcare, St. James Healthcare in Butte, and Holy Rosary Healthcare in Miles City, represent SCL Health Montana. To learn more about St. Vincent Healthcare, visit www.svh.org.

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