Kindred Healthcare, Inc (KND) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2017

Exhibit 99.1

KINDRED HEALTHCARE REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS

Consolidated Revenues of $1.5 Billion, GAAP Loss from Continuing Operations of $135 Million⁽¹⁾, GAAP Diluted Loss Per Share from Continuing Operations of $1.65⁽¹⁾, and EBITDA Loss of $193 Million⁽²⁾ in the Fourth Quarter

Core EBITDA of $119 Million⁽³⁾ and Core Diluted Earnings Per Share from Continuing Operations of $0.20⁽³⁾ in the Fourth Quarter

GAAP and Core Results in the Fourth Quarter include Negative Pretax Earnings Impact of $2 Million and Diluted EPS Impact of $0.02 from LTAC Hospital Closures

Consolidated Revenues of $6.0 Billion, GAAP Loss from Continuing Operations of $247 Million, GAAP Diluted Loss Per Share from Continuing Operations of $3.31, and EBITDA Loss of $62 Million⁽³⁾ for the Year

Core EBITDA of $444 Million⁽³⁾ and Core Diluted Earnings Per Share from Continuing Operations of $0.34⁽³⁾ for the Year

GAAP and Core Results for the Year Include Negative Pretax Earnings Impact of $16 Million from Hurricanes and $6 Million from LTAC Hospital Closures and Diluted EPS Impact of $0.11 from Hurricanes and $0.04 from LTAC Hospital Closures

GAAP Operating Cash Flows of $67 Million in the Fourth Quarter

Core Operating Cash Flows of $87 Million⁽³⁾ in the Fourth Quarter

GAAP Operating Cash Flows of $76 Million for the Year; Core Operating Cash Flows of $137 Million⁽³⁾ for the Year

Core Free Cash Flows of $50 Million⁽³⁾ in the Fourth Quarter; Core Free Cash Flows of $6 Million⁽³⁾ for the Year

Company Reaffirms 2018 Outlook and Does Not Intend to Provide Future Guidance Updates Due to Pending Merger

LOUISVILLE, Ky. (February 28, 2018)

On December 19, 2017, the Company announced that its Board of Directors approved a definitive agreement under which it will be acquired by a consortium of three companies: TPG Capital (“TPG”), Welsh, Carson, Anderson & Stowe (“WCAS”) and Humana Inc. (“Humana”) (NYSE:HUM) (together, the “Consortium”) for approximately $4.1 billion in cash including the assumption or repayment of net debt (the “Merger”). Immediately following the Merger, the home health, hospice and community care businesses will be separated from the Company and operated as a standalone company owned 40 percent by Humana, with the remaining 60 percent owned by TPG and WCAS. The Company’s long-term acute care (“LTAC”) hospitals, inpatient rehabilitation facilities (“IRFs”) and contract rehabilitation services businesses will be operated as a separate specialty hospital company owned by TPG and WCAS.

Benjamin A. Breier, President and Chief Executive Officer of Kindred, commented, “Our fourth quarter results reflect continued execution of the Company’s strategy. We are pleased to be moving forward with the Consortium and look forward to completing the Merger to deliver immediate and certain value to Kindred stockholders at a substantial premium and eliminate the significant risks associated with continuing to operate as a standalone public company or pursuing other strategic alternatives. We are confident that the Merger will enhance innovation at both the home care and specialty hospital companies, further Kindred’s culture of a patient-first approach to care and create new opportunities for Kindred employees.”

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680 South Fourth Street    Louisville, Kentucky 40202

502.596.7300         www.kindredhealthcare.com