LHC Group Sees Progress with ACOs, Direct-Contracting Entities

LHC Group Inc. (Nasdaq: LHCG) continues to make progress with its accountable care organization (ACO) relationships while making inroads with direct-contracting entities (DCEs), company leadership said Thursday. At the same time, the Lafayette, Louisiana-based home health giant is building more new referral channels.  Those and other home-based tailwinds have LHC Group’s leadership team bullish about […]

LHC Group to Acquire End-of-Life Care Provider in the Arizona Market

LHC Group Inc. (Nasdaq: LHCG) announced Monday it has agreed to purchase Arizona-based East Valley Hospice and East Valley Palliative Care. The deal is expected to close on Jan. 1. Mesa, Arizona-based East Valley Hospice and East Valley Palliative care provide at-home care for end-of-life patients as well as ones living with complex conditions. Together, […]

LHC Group Names New CFO; The Pennant Group Picks New President

LHC Group Inc. (Nasdaq: LHCG) announced Monday that Dale Mackel has joined the company as its next chief financial officer. Since 2016, the CFO position has been held by LHC Group’s current president, Joshua Proffitt. “The LHC Group team of leaders is one of the deeper and more experienced in all of health care, with […]

LHC Group Increases Florida Footprint with New JV Partnership

No stranger to joint venture agreements, LHC Group Inc. (Nasdaq: LHCG) has entered into a new deal with Orlando Health. The JV agreement will focus on strengthening Orlando Health’s home health capabilities, along with its home- and community-based services, in the state of Florida. Announced on Wednesday, LHC Group’s newest JV agreement marks its third […]

LHC Group Promotes Proffitt to President; Former CareMore CEO Jain Joins SCAN Group

This week saw a few major leadership shake-ups that in-home care professionals should keep their eyes on. First, Lafayette, Louisiana-based LHC Group Inc. (Nasdaq: LHCG) announced Thursday that former CFO Joshua Proffitt is being promoted to president. Robert Williams — an executive joining LHC Group from the senior primary care space — will take over […]

LHC Group’s Innovation Head: COVID-19 Will Define How People See SNFs, Long-Term Care Facilities for a Generation

During the peak of the coronavirus outbreak, LHC Group Inc. (Nasdaq: LHCG) executives were working seven days a week at the company’s Lafayette, Louisiana-based headquarters, practicing social distancing and running a workforce that was largely operating from home. Similar to other home health providers, LHC Group faced declining visits and general uncertainty during the first […]

LHC Group Doubles Down on SLCC Partnership, Invests $2.5 Million in Home Health Lab

LHC Group Inc. (Nasdaq: LHCG) has teamed up with South Louisiana Community College (SLCC) to form a home health education program — an extension of a previous partnership with the institution. SLCC is a community college that serves more than 15,000 students annually and operates campuses in Abbeville, Crowley, Franklin, Houma, Lafayette, Morgan City, New […]

President Trump, LHC Group’s Greenstein Address Nation Amid Coronavirus Pandemic

If anyone was unsure of the home-based care industry’s pull in Washington, D.C., President Donald Trump’s national address on Friday should put any doubts to rest. After declaring a national emergency, Trump pulled home health executives up to the lectern to ease the nation’s anxiety during the COVID-19 outbreak. COVID-19 is more commonly known as […]

LHC Group Ready to Jump on ‘Historic’ Consolidation Wave Post-PDGM

In 2019, LHC Group hit the 100,000 mark for its patient census, revved its M&A engine and doubled down on its joint venture strategy with hospitals and health systems. It did all that while aggressively preparing for the Patient-Driven Groupings Model (PDGM) and finalizing the integration of the industry-shaping Almost Family acquisition. For all those […]

Home Health M&A Activity Steady in 2019, as Hospice Deals Spike

At 79 deals and counting through November, home health and hospice mergers-and-acquisitions activity for 2019 is poised to exceed the previous year. That’s according to newly released data from Norwalk, Connecticut-based Irving Levin Associates. Founded in 1948, the firm provides market intelligence to health care professionals and senior care providers. Overall, 2018 saw 85 total […]