Home health stocks saw mixed success in February, according to the latest Home Health Index (HHI) from mergers-and-acquisitions advisory firm Stoneridge Partners. The up-and-down February follows a largely positive January. Updated monthly, the HHI by Stoneridge Partners tracks the market values for Amedisys Inc. (Nasdaq: AMED) and LHC Group Inc. (Nasdaq: LHCG). Overall, the HHI […]
LHC Group
With spending projected to reach $173 billion by 2026, the home health industry is booming like never before. As such, a growing number of health care providers want a piece of the pie. To make it happen, they’re harnessing telehealth and partnerships with home-based care providers to enter the sector, according to a new home […]
As more types of care move into residential settings, an increasing number of hospitals and health systems are turning to outside home health agencies to either replace, reinforce or manage their own operations. Workforce challenges and financial struggles are often the catalysts behind their decisions to outsource home health offerings, M&A experts say. “It’s a […]
Lafayette, Louisiana-based LHC Group Inc. (Nasdaq: LHCG) — one of the largest home health, hospice and personal care services companies in the country — is planning to soon open a backup headquarters in Louisville, Kentucky. In addition to being the former headquarter of Almost Family, Louisville, according to some, also stands as “America’s Aging Capital” […]
LHC Group Inc. (Nasdaq: LHCG) announced Tuesday it has entered into a definitive joint venture agreement with Geisinger Home Health and Hospice, plus AtlantiCare Home Health and Hospice. The announcement marks the second new joint venture for the Lafayette, Louisiana-based LHC Group in the early going of 2019. Under the new JV agreement, LHC Group […]
LHC Group (Nasdaq: LHCG) Chairman and CEO Keith Myers is again calling on Congress to pass legislation refining the assumption-based payment adjustments currently outlined under the Patient-Driven Groupings Model (PDGM). The co-founder of the Lafayette, Louisiana-based company recently penned an article in The Hill emploring legislators to pass S. 433, a new bipartisan bill that […]
Newly introduced bipartisan legislation in the U.S. Senate is targeting the widely opposed behavioral adjustments set to hit home health agencies next year under the Patient-Driven Groupings Model (PDGM). If passed, the legislation would require the Centers for Medicare & Medicaid Services (CMS) to base Medicare reimbursement rates on observed evidence and data, instead of […]
Just one month into the year, LHC Group (Nasdaq: LHCG) is already making progress on its 2019 goal to shift more care into the home. The home health care powerhouse on Thursday announced a new joint venture with Unity Health, resulting in shared ownership of two home health providers in Arkansas. The move is yet […]
Humana updates management team with internal hires Health insurance giant Humana Inc. (NYSE: HUM) has filled two leadership roles with internal candidates. The Louisville, Kentucky-based company has promoted Joseph Ventura to General Counsel and named Douglas Stoss interim lead for Humana’s Office of Corporate Affairs. Both will serve as members of the company’s management team. […]
Last year’s smooth integration of Almost Family — formerly one of the biggest home health providers in the country itself — has broadened LHC Group’s (Nasdaq: LHC) geographic footprint and bolstered its dealmaking confidence. That will be key looking ahead to 2019, as M&A activity across post-acute care segments is expected to remain robust. With […]
Subscribe
Receive industry updates and breaking news from HHCN