Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) is continuing to bet on a growth strategy that has long paid off for the home health care company—partnering with hospitals and health systems in joint ventures. And the opportunity for these joint ventures is gaining more momentum, according to LHC Group CEO Keith Myers, who spoke about the […]
One of the nation’s largest home health care providers has moved on from a sometimes tough 2016 and is taking steps to expand through an acquisition of a major hospital company’s home health and hospice facilities. Baton Rouge, Louisiana-based Amedisys (Nasdaq: AMED) signed a definitive agreement to acquire six home health and hospice care centers from Tenet […]
A news outlet fired shots against LHC Group (Nasdaq: LHCG) in a report last week, accusing the home health care provider of cronyism by stacking its compensation committee with lobbyists and approving eye-popping salary bumps for executives. The article, written by Robert Donachie in The Daily Caller—a news and opinion website co-founded by well-known conservative pundit […]
Home health demand is expected to rise significantly, and several factors make the industry a worthwhile sector for investors, says global investment banking firm Jefferies in a recent report. Factors that bode well for the industry include an improved reimbursement outlook; rising interest in alternative payment models, specifically bundled payments (BPCI); and consolidation/merger and acquisition […]
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