Tech-Powered Home Care Company Breathes New Life into HomeHero

A new technology-enabled home care company is breathing life back into HomeHero, the startup once heralded as an industry “disruptor” for its business model of directly matching consumers to caregivers. After raising a total of $23 million, HomeHero was forced to cease its operations in late 2016. The new tech-powered home care player is Family […]

How LHC Group Quietly Acquired an ACO Management Company, Doubled ACO Activity

When LHC Group (Nasdaq: LHCG) acquired Almost Family in 2018, a number of additional assets came with the deal, including Imperium Health Management, one of the country’s largest accountable care organization (ACO) management companies. Rather than sell the business, LHC Group decided to embrace it. “We did not even hesitate to embrace the ACO segment […]

LHC Group Bullish on Home Health JV Growth After Strong 2018

Despite falling short of analysts’ Q4 revenue estimates, LHC Group Inc. (Nasdaq: LHCG) finished the quarter and 2018 strong, thanks in part to revenue and admission growth in its home health and hospice lines. Acquisitions and joint ventures, which set overall valuation records in 2018 for LHC Group, played a large role in the company’s […]

LHC Group Expands Home-Based Care Footprint With Latest Joint Venture

Just one month into the year, LHC Group (Nasdaq: LHCG) is already making progress on its 2019 goal to shift more care into the home.  The home health care powerhouse on Thursday announced a new joint venture with Unity Health, resulting in shared ownership of two home health providers in Arkansas. The move is yet […]

LHC Group Wins Better Rates with Payers as Part of Almost Family Integration

The industry-shaping mega merger between Almost Family and LHC Group (Nasdaq: LHCG) is ahead of schedule and exceeding expectations in a number of key categories, LHC Group executives said Thursday during the 37th Annual J.P. Morgan Healthcare Conference in San Francisco. In addition to ramping up Almost Family admissions, quality scores and margins, Lafayette, Louisiana-based […]

Home Health Providers Can Still Break into Markets with Narrow Networks

Breaking into a hospital or health system’s narrow network of preferred providers can sometimes feel like an impossible task for small- to mid-sized home health agencies. But home health sales teams shouldn’t stop trying to make inroads altogether, as plenty of opportunities still exist even in the most restricted networks. Industry executives discussed success strategies […]

LHC Group Not Distressed by PDGM, Pleased with Almost Family Integration

Leaders with LHC Group (Nasdaq: LHCG) struck an optimistic tone following the release of second quarter 2018 financial results. The integration of Almost Family is proceeding smoothly, joint venture and acquisition activity is favorable, and forthcoming regulatory changes should not cause major disruptions, they said Thursday during an earnings call. On April 1, LHC Group […]