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ACA prompts health care consolidations

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A consolidation trend prompted by the Affordable Care Act led Senior Home Care to sell to Kindred Healthcare Inc. (NYSE: KND). Robert Fusco, Senior Home Care’s CEO, could see the benefits of his privately held, independent company becoming part of a much larger similar business. “It’s a good outcome for the company, and it just made sense,” he said. “We’re doing well and have stability and cash resources, but we felt that, as an independent company with all the changes going on in health…

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