Synergy Home Care Signs Definitive Agreement to be Acquired by Kindred Healthcare

CLEARWATER, Fla., Nov. 15, 2013 /PRNewswire/ -- Synergy Home Care, a premier home health care provider that operates through 17 locations in Louisiana, has signed a definitive agreement to be acquired by Kindred Healthcare, Inc. The transaction is expected to close in the fourth quarter of 2013, pending regulatory approvals and other customary conditions.

Merging with the largest provider of post-acute care services in the country positions Synergy Home Care as part of a growing network committed to delivering the most coordinated care possible for patients.

Robert Fusco, Chief Executive Officer for Synergy Home Care, said, "Both of our organizations are a natural fit, sharing the same patient-centered values. Synergy Home Care is looking forward to becoming part of the Kindred Healthcare network, whose goal is to build out the full continuum of high-quality patient care in the post-acute area. We believe this strategy, along with our combined resources, bolsters our capabilities as we strive to deliver the best possible clinical outcomes in home health."

Synergy Home Care branch offices, as well as its headquarters in Clearwater, Fla., will continue operating as Synergy Home Care, an affiliate of Kindred at Home, the company's Care Management Division. Patients can expect the same care from the same team at the same location. There will be no interruption of service.

About Kindred Healthcare
Kindred at Home provides home health, hospice, palliative care and personal home care assistance in 105 locations in 11 states. Kindred Healthcare is a diversified post-acute healthcare services company that through its subsidiaries operates transitional care hospitals, inpatient rehabilitation facilities, nursing and rehabilitation centers, and a contract rehabilitation services business across the country. For more, see www.kindred.com or www.kindredathome.com.

About Synergy Home Care
With 17 offices across Louisiana, Synergy Home Care, a Senior Home Care company, has been treating seniors with quality home health care services for more than 15 years. Synergy Home Care in Louisiana and Senior Home Care in Florida have 47 branch locations and 1,800 employees, combined. Working in conjunction with patients' physicians, the companies' clinicians treat more than 50,000 seniors each year in their homes and assisted/independent living facilities. For more, visit www.seniorhomecare.net.

SOURCE Synergy Home Care



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