New York, May 15, 2014 -- Moody's Investors Service revised the rating outlook of Kindred Healthcare, Inc. to negative from stable. Moody's also affirmed the existing ratings of Kindred, including the B1 Corporate Family Rating and B1-PD Probability of Default Rating. The change in the rating outlook follows Kindred's announcement of its proposal to acquire the equity of Gentiva Health Services, Inc. for a combination of cash and stock.

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