News in Brief: LHC Group, Kindred

Welcome back from another summertime weekend, Home Health Care News readers. To kick off your week, take a moment to catch up on the most recent news with our Monday Briefing.

Last week, we tuned into presentations at the Jefferies Healthcare Conference, and heard the CEO of LHC Group (Nasdaq: LHCG) say the company has the metrics to become a $2 billion company—roughly double its current size.

We also reported on one Chicago-based home care company that has built a referral relationship with a local medical marijuana dispensary that serves hundreds of Parkinson’s patients. The relationship navigates the newly-chartered waters of marijuana legality.

Readers were also interested in Kindred Healthcare’s (NYSE: KND) new innovation division. The nation’s largest home health care provider hired Brian Holzer, M.D. to serve as president of the new division, effective June 5.

Around the Web 

In other Kindred news, the company announced via a public filing that it took a big loss after selling a house it had purchased from its chief financial officer, the Louisville Business First journal reported. Kindred first bought the home of it CFO following a “bizarre” dispute over a driveway.

A New York City home health provider, Cooperative Home Care Association, is spotlighted in this DNA Info report on its program and training development for caregivers.

The ultra-wealthy are gaining access to health care beyond concierge service, according to a New York Times report. For an annual fee between $40,000 and $80,000, people can pay for on-call doctors and access to the best care.

Written by Amy Baxter

Amy Baxter on EmailAmy Baxter on Twitter
Amy Baxter
Assistant Editor at Home Health Care News
When not writing about all things home health, Amy fulfills her lifelong dream of becoming a pirate by sailing in regattas and enjoying rum. Fun fact: she sailed 333 miles across Lake Michigan in the Chicago Yacht Club "Race to Mackinac."

By continuing to use the site, you agree to the use of cookies. More Information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. For more information, see our cookie policy