Business Briefs: LHC Group, People Inc.

Kentucky Home Health Company Changes Name Lexington, Kentucky-based Nurses Registry has changed its name to Commonwealth Home Health. The home health provider is owned by parent company, LHC Group Inc. (NASDAQ: LHCG), a national provider of post-acute care services headquartered in Lafayette, Louisiana. LHC Group acquired the assets of Commonwealth Home Health in a transaction […]

Editor’s Picks: Genesis Sells Home Health, Hospice Unit

This week, we had plenty of news to share with our readers. We let you know that Genesis was moving on from its home health and hospice operations in a sale worth $84 million. We also brought you coverage from the Illinois Home Care & Hospice Council Conference and stayed up-to-date on the latest earnings […]

Genesis Sells Home Health, Hospice Unit for $84 Million

One of the nation’s largest providers of post-acute care, Genesis Healthcare (NYSE: GEN), has sold the majority of its home health and hospice operations to post-acute provider Compassus for $84 million. The deal is expected to close within 90 days, pending regulatory approvals and other closing conditions. Genesis, which comprises more than 500 skilled nursing […]

Compassus Expands Footprint with Hospice Advantage Acquisition

Community-based hospice company Compassus has acquired Hospice Advantage, an operator focused on end-of-life care, in a deal that allows the company to enter markets in three new states. The transaction, announced last week, expands Compassus’ footprint to 150 locations in 28 states to serve more than 30,000 patients and their families each year, according to […]