LHC Group purchases Virginia providers The LHC Group Inc. (Nasdaq: LHCG) M&A run continues. The Lafayette, Louisiana-based company recently announced agreements to acquire Generations Home Health along with Freda H. Gordon Hospice and Palliative Care, both in Virginia Beach, Virginia. LHC Group expects $7 million in annual revenue from the deals. Plus, the purchases complement […]
LHC Group Inc
Medalogix was already one of the market leaders in home health predictive analytics. It has now gotten what appears to be another boost. That boost comes in the form of three new developments: a merger, a private equity investment and an investment from yet another publicly traded home health care giant. On Wednesday, the Chicago-based […]
From the halls of Congress to the desk of President Joe Biden, home health providers have been generally encouraged by the federal government’s increased focus on home-based care. In the present, that sense of encouragement comes from billions of dollars in funding for home- and community-based services (HCBS), plus regulatory waivers for telehealth, paperwork requirements […]
LHC Group Inc. (Nasdaq: LHCG) and Orlando Health announced Tuesday they are expanding their joint venture into St. Petersburg, Florida, by realigning Bayfront Home Health Services into the partnership’s portfolio. Bayfront Home Health Services was already owned by LHC Group, but now the home health provider will be controlled through the joint venture. “Bayfront Home […]
Kindred at Home remained at the top of the home health care mountain in 2020, checking in as the largest provider in the country, according to the latest annual ranking from LexisNexis Risk Solutions. Kindred specifically captured nearly 6% of the national market share last year. Kindred at Home is part of Humana Inc. (NYSE: […]
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 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 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 […]
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 […]
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 […]
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