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CareSouth Homecare Professionals Sells California Agencies to Kindred

Healthcare

CareSouth to Focus on Expansion in Southeast, Southwest, Gulf Coast and Mid-Atlantic Areas.
CareSouth Homecare Professionals today announced that it has sold its four California home
healthcare agencies to Kindred Healthcare, Inc. The agencies are located in Southern California
and the San Jose area. Financial terms of the transaction were not disclosed.

Augusta, GA, April 04, 2011 --(PR.com)-- CareSouth Homecare Professionals today announced that it
has sold its four California home healthcare agencies to Kindred Healthcare, Inc. The agencies are located
in Southern California and the San Jose area. Financial terms of the transaction were not disclosed.

“This is a powerful move that will allow CareSouth to better utilize our resources closer to our core
operations,” said Rick Griffin, President and Chief Executive Officer of CareSouth. “While we were not
seeking a buyer for these operations when Kindred approached us, this transaction made a lot of sense for
all, both financially and strategically. We want to focus our attention on our substantial opportunities for
growth and on extending our reach in the Southeast, Southwest, Gulf Coast and Mid-Atlantic areas of the
United States. Kindred Healthcare is situated within the service areas of these California agencies and
operates more than a dozen hospitals, as well as nursing and rehab centers. The Kindred team shares our
same values for putting patient care first in all that they do. The sale of our California locations to such a
strong leader in healthcare will provide more choices for patients geographically as well as more
opportunities for their current employees. This transaction is a great opportunity for Kindred to expand its
continuum of care in California, and the significant positive financial return for CareSouth allows us to
accelerate our regional expansion strategy. It's a win-win for everyone.”

CareSouth continues to expand its business through a strategy of both internal growth and external
acquisitions. In 2010, CareSouth extended its reach into Virginia with the purchase of two home
healthcare agencies in Charlottesville and Newport News. That same year, the company entered into a
joint venture in home health with Houston Medical Center in Warner Robins, Georgia; expanded its
Washington division's operations; and entered into a management arrangement with Paramount Health
Care in Blountstown, Florida. The company acquired its first Florida home healthcare agency in Panama
City and is currently expanding that agency via branch openings. CareSouth has a number of acquisitions
planned for 2011 throughout the Southeast, Gulf Coast and Mid-Atlantic areas.

About CareSouth Homecare Professionals


CareSouth Homecare Professionals is the largest privately held home healthcare company in Georgia and
is based in Augusta. In addition to Georgia, the company is a leading provider of home health services in
Alabama, Florida, North Carolina, Tennessee, Virginia and Texas.

CareSouth Homecare Professionals offers various programs and specialized services including fall
prevention, total hip and knee orthopedic rehabilitation, wound care management, pulmonary disease and
cardiovascular disease management. CareSouth is accredited by the Accreditation Commission for Health
Care, Inc. For more information, visit the website at www.caresouth.com.

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Contact Information:
CareSouth Homecare Professionals
Diana Porter
800-241-3363
info@caresouth.com
caresouth.com

Online Version of Press Release:


You can read the online version of this press release at: http://www.pr.com/press-release/311230

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