Debevoise & Plimpton LLP is advising TPG Capital, Welsh, Carson, Anderson & Stowe and Kindred Healthcare LLC in the sale of Kindred Healthcare to LifePoint Health (NASDAQ: LPNT). The transaction brings together LifePoint’s national network of community-based hospitals, providers and access points with Kindred Healthcare’s expertise in delivering long-term acute care, rehabilitation services and behavioral health services. For more information, please see the company's press release.
Kindred Healthcare is the nation’s leading specialty hospital company delivering acute health services in its long-term acute care hospitals, inpatient rehabilitation hospitals, acute rehabilitation units, and behavioral health line of business, all specializing in treating the most medically complex patients. LifePoint provides quality inpatient, outpatient and post-acute services close to home, and owns and operates community hospitals, regional health systems, physician practices, outpatient centers and post-acute facilities across the country.
The Debevoise team is led by M&A partner Andrew Bab and includes associates David Becker, Yean Do, Robert Geren, Kim Le, Priscila Park and Elina Sigal, finance associate Ryan Rafferty, benefits partner Lawrence Cagney and associate Zain Kazmi, tax partner Gary Friedman and associate Samuel Krawiecz, antitrust partner Ted Hassi and intellectual property partner Henry Lebowitz and associate Paisley Piasecki.