LHC Group to Acquire Home Care Companies for $60 Million

National home care provider LHC Group (NASDAQ: LHCG) is getting even bigger. The company announced this week it will acquire Deaconess HomeCare and Elk Valley Health Services—two subsidiaries of BioScrip, Inc.—for $60 million. The deal will bolster LHC’s geographical footprint to include 342 locations across 27 states. Deaconess HomeCare, established in 1969, and Elk Valley […]

Home Health Company Closes Doors After Federal Investigation

A Wisconsin home health company has closed its doors, leaving employees unpaid and hundreds of patients without care as a result of a federal investigation.  The Wisconsin Department of Health Services has suspended payments to Milwaukee-based Deaconess Home Health Inc. on April 18 pending the outcome of the investigation, the Milwaukee Journal-Sentinel reports. Additionally, managed […]