Kindred Healthcare's Disintegration Nears Completion

 

Strange Tony,

Financial rapscallions continue to tear apart an already gutted Kindred Healthcare in the pursuit of profits.  Their latest move is to sell the RehabCare divsion to Select Rehabilitation.  

 

"Select shares many of our core values and is led by a senior management team whose number one priority is doing what is best for the patients entrusted to their care," Benjamin Breier, Kindred’s president and chief executive officer, said in a prepared statement.

Breier described the RehabCare sale as building "on Kindred’s record of innovation and intentional disruption in its core businesses."  

 

Select Rehabilition is also owned by financial rapscallion Flexpoint Ford.  That means senior management's number one focus is generating return for their owners, not doing what's best for patients.  Breier knows this as that's his charge under TPG Capital and WCAS.  

Kindred Healthcare envisioned itself as a one stop continuum of care shop for patient's leaving the hospital.  Kindred bought Integracare Home Health and Hospice from Flexpoint Ford in 2012.  At the time Kindred CEO Paul Diaz said:

 

“We believe that the continued expansion of our continuum of post-acute care services in our key cluster markets supports the growing interest among patients, physicians, hospital systems and public and private payors for high-quality, patient-centered integrated care.”

 

Diaz took a $6 million bonus for closing the Gentiva deal and landed jobs with two financial rapscallions, Cressey & Company and Guidon Partners. 

Ben Breier blew up the one stop post acute care strategy to enrich himself and his greedy bosses.  Rehabcare employees received a 10% pay cut in April while other employers added hazard pay due to the pandemic.  The pay cut came after years with no raises.

Financial rapscallions and senior executives plan to make a king's ransom from their equity stakes.  They will offer nice sounding words but nothing substantive to employees.  Nearly two weeks ago the EEOC sued Kindred at Home for disability discrimination and retaliation.

Gentiva Health Services, Inc. d/b/a Kindred at Home (“Kindred”), a provider of home health services, including nursing and rehabilitation assistance, violated federal law when it failed to accommodate an employee in its purchasing department and instead placed her on involuntary unpaid leave because of her disability, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit it filed today.

According to the EEOC’s suit, Kindred learned that one of its employees suffered from Morton’s Neuroma and capsulitis of the metatarsophalangeal joint of both feet. The employee initially asked to telecommute for three weeks in accordance with her doctor’s recommendation to stay off her feet, as an accommodation for her disability. Kindred originally allowed her to telework for a week but then reversed its decision and unilaterally placed her on unpaid leave without benefits for four months, the EEOC said.

“In the absence of undue hardship, an employer’s refusal to accommodate its employee with a limited period of telework where the employee has demonstrated the ability to perform the essential functions of the position from home violates the law,” said Robert Weisberg, acting regional attorney for the EEOC's Atlanta District Office. “The EEOC is committed to seeking relief for workers who are harmed by such discriminatory practices.”

 

Kindred at Home contracted out most HR functions after their Human Abuse department became strategic.

Patients will experience ever deteriorating care due to greed and purposeful service reductions in both quantity and quality.  Such pressures will grow when Humana begins treating hospice as a carve in benefit under their Medicare Advantage plans in 2021.  Our hospice will become a cost center for Humana, no longer a source of revenue.

Ben Breier sold our hospice to Humana and the same two financial rapscallions pulling his strings.  They've decimated our once great hospice.  Innovation is supposed to make things better.  

 

Disruptors think less like “stewards” of God’s creation and more like sovereign “masters.”

 

Humana CEO Bruce Broussard, CFO Brian Kane, Paul Diaz, Ben Breier, KAH President David Causby and Hospice President Larry Graham will meet their maker one day and have to account for their actions on this earth.  They can't take their ever increasing, abundant wealth with them and God could school them on those harmed from their management edicts. 

Anonymous