MECHANICSBURG, Pa., June 1, 2016 /PRNewswire/ -- Select Medical Holdings Corporation ("Select") (NYSE: SEM ) today announced that it has partially completed its previously announced transaction to exchange long term acute care hospitals with Kindred Healthcare, Inc. ("Kindred") (NYSE: KND ). Select has transferred hospitals in Indianapolis, IN, Houston, TX (Select Specialty Hospital - Houston Medical Center), Denver, CO and Colorado Springs, CO to Kindred. Kindred has transferred two hospitals in Cleveland, OH to Select. Kindred will not transfer a hospital in Mishawaka, IN to Select as previously announced. The previously announced transfers of Kindred's hospital in Atlanta, GA to Select, and Select's hospital in San Antonio, TX to Kindred, will be delayed pending satisfaction of closing conditions set forth in the exchange agreement.