LHC Group acquires Three Rivers Home Health LHC Group Inc. (Nasdaq: LHCG) has expanded its reach in Georgia by purchasing the Eastman, Georgia-based Three Rivers Home Health. Following the purchase of Three Rivers’ nine locations, LHC Group’s footprint spans 36 Georgia counties. The acquisition is expected to create a $12 million revenue boost for the […]
Category: Hospice
For LHC Group Inc. (Nasdaq: LHCG), its plan to combine with UnitedHealth Group’s (NYSE: UNH) Optum is still the big headline. All the while, the company is still navigating through the same home health care landscape that its peers are. Back in March, UnitedHealth Group announced that it would acquire the Lafayette, Louisiana-based company for […]
Enhabit Home Health & Hospice (NYSE: EHAB) is the newest face on the home health public market. External factors have made it far from a red-carpet welcome. Its cost per visit shot up in the second quarter, the proposed home health rule is hanging over its head and – all the while – it’s dealing […]
The Biden administration has shown time and again its commitment to home- and community-based services. And Addus HomeCare Corporation (Nasdaq: ADUS) is beginning to reap some of the benefits. The Frisco, Texas-based in-home care services providers has begun to receive more substantial funding from the states it operates in through the American Rescue Plan. “With […]
When it comes to home health providers, it’s safe to say that the proposed payment rule is the talk of the town. And Amedisys Inc. (Nasdaq: AMED) is no exception. “The topic on everyone’s mind has been the proposed home health rule for 2023,” Amedisys CEO Chris Gerard said during the company’s second quarter earnings […]
Excelin Health expands California footprint Excelin Health — a home health and hospice platform — has acquired On My Care. The Fremont, California-based On My Care is an agency that offers skilled nursing, physical, occupational, and speech therapy, as well as social worker and home aide services. The deal further expands Excelin’s footprint in California, […]
In the animal kingdom, there’s strength in numbers, especially among creatures that find themselves toward the bottom of the food chain. This concept is also true in today’s hyper-competitive health care sector. Increasingly, smaller providers with relatively limited resources and reach are teaming up in the form of “collaboratives,” “alliances,” “networks” or “partnerships.” Nowhere is […]
Humana Inc. (NYSE: HUM) has been vocal about its plan to develop its health care services capabilities in three phases. The first phase is building the capabilities. The second phase includes enhancements to align its capabilities with value-based principles, and the third is integrating these capabilities in select local markets. With the divestiture of its […]
At a time when more home-based care entities are looking for ways to stand out and take their business to the next level, Alivia Care Inc. CEO Susan Ponder-Stansel wants to offer more than what she considers the “meat and potatoes” of home health services. For Alivia Care — a company that entered the home […]
For the first time in Tony Strange’s career, he has managed care plans, state Medicaid agencies and even the U.S. Centers for Medicare & Medicaid Services (CMS) reaching out and asking what can be done to increase access to home- and community-based services. Strange – the CEO of Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) and […]