LHC Group today announced it has closed a previously disclosed deal to acquire two home health subsidiaries of BioScrip Inc. (Nasdaq:BIOS) for $59.5 million. LHC, which provides home health, hospice and post-acute care services nationally, has purchased Deaconess HomeCare and Elk Valley services in a transaction that will add 32 agencies in four states to the […]
Elk Valley Health Services
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 […]