Kindred Healthcare's stockholders approved the proposed acquisition of the health system by Humana; Welsh, Carson, Anderson & Stowe; and TPG Capital during a special meeting, the Louisville, Ky.-based health system announced April 5.
The move comes just after a Delaware judge blocked a prominent Kindred shareholder's motion to block the proposed acquisition at the end of March.
Officials expect to close the transaction this summer.
"We are pleased that the transaction with the consortium received the broad support of our stockholders in recognition of the robust process undertaken by the board to achieve maximum value. We look forward to completing the transaction in the coming months and delivering premium cash value to our stockholders," said Kindred President and CEO Benjamin A. Breier.