Kindred Health Care Case Analysis

In concentrating on medical technological advances a major benefit that is overlooked is reduction in health care costs. These medical innovations have generated billions of dollars in savings for patients, families, insurers, employers, governments, and hospitals. This not only creates efficiencies that save money, but also saves money in curing onsets of early disease, and managing chronic conditions at healthy levels. Kindred has invested in creating diagnostic tools that have pre-screening capabilities catching conditions at early stages, while helping their patients transition to the correct care setting. With Kindred Healthcare moving towards an integrated system with multifaceted care settings they limit frequent visits to the doctors, avoid costly admissions to the hospital, and reduce unnecessary costly surgeries. In examining the health …show more content…
The market alone has all sorts of providers including corporations, limited liability corporations, and privately funded companies. The market Kindred covers is over a 100-billion-dollar market. The annual growth rate continues in a positive direction on average of a 3.6 percent growth rate including the multiple segments of healthcare. Overall healthcare does remain fragmented with multiple players in many different states. Huge providers face difficulty in operating standardized practices in multiple states due to differing regulations amongst states. In the 2014, the Kindred merger with Gentiva shined light on the strategic plan of Kindred healthcare being the aggressor meant to be by growing the organization. One of the main competitors of Kindred Healthcare also a fortune 500 company known as HealthSouth Corp. This company also primarily involved in the rehabilitation hospital market, ended up following suite of Kindred Healthcare. In November 2015 HealthSouth Corp purchased Encompass Home Health and Hospice for 750