LHC Group CEO Frustrated by Managed Care Reimbursement

LHC Group (Nasdaq: LHCG) has long been considered the home health industry leader when it comes to making inroads with hospitals and health systems thanks to its joint venture strategy. However, despite a growing managed care population in the broad health care landscape, low reimbursement models will continue to challenge home health providers, according to […]

Addus, LHC Group Rev Up 2018 M&A Wins

Top executives for Addus HomeCare Corporation (Nasdaq: ADUS) and LHC Group, Inc. (Nasdaq: LHCG) touted their recent M&A wins last week—while hinting there’s likely more to come. Addus CEO Dirk Allison and LHC Group CEO Keith Myers discussed the home health industry’s bustling M&A landscape and provided overall updates on their respective companies during the […]

HHS Chief Technology Officer to Join LHC Group

The current chief technology officer for the U.S. Department of Health and Human Services (HHS) will soon leave his post in Washington D.C. to join Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) and fill a newly created position dedicated to innovation. HHS CTO Bruce Greenstein will become LHC Group’s first chief innovation and technology officer in June, […]

Highest Paid CEOs in Home Health Last Year

CEOs from publicly traded home health care companies brought home a combined total of about $39.5 million in 2017—though some execs certainly earned far more than their industry peers. In order, CEOs from Kindred Healthcare (NYSE: KND), Encompass Health (NYSE: EHC) and Amedisys, Inc. (Nasdaq: AMED) took home the most last year in total compensation, […]

M&A and Financing Newsflash: LHC Group and St. Mary’s Reach Partnership

LHC Group and St. Mary’s Health Network Purchase St. Mary’s Home Care Services Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) and Reno, Nevada-based St. Mary’s Health Network last week announced the finalization of an equity partnership agreement to purchase and share ownership of St. Mary’s Home Care Services, which operates in Nevada. LHC Group and its […]

LHC Group Not Backing Off M&A After Mega-Merger

Fresh off its mega-merger with Almost Family, home health care giant LHC Group (Nasdaq: LHCG) is still eyeing big mergers and acquisitions opportunities in 2018. “We might be tempted to sit back and rest on our laurels, but that’s not in our DNA,” CEO Keith Myers said Thursday during the company’s first quarter earnings call. […]

Home Care Providers Plan to Seize New Medicare Advantage Opportunity

Investors were bullish on home care on Tuesday, following news that Medicare Advantage (MA) plans would officially be allowed to cover non-skilled home care services starting in 2019. Care providers were excited as well, making the case that they are well-positioned to seize this opportunity, even as they are trying to determine its scope. The […]

LHC Group Closes Almost Family Merger, Charts Future Course

LHC Group (Nasdaq: LHCG) and Almost Family have now officially become the second-largest U.S. home health provider. The combined company is moving forward on a plan to be a “house of brands” offering a full continuum of home health, personal care and hospice services in hundreds of markets across the country. In November 2017, the […]

How Home Care Could Be Re-Shaped if Walmart Acquires Humana

In the midst of acquiring a stake in the largest home health provider in the nation, insurance giant Humana (NYSE: HUM) might also be in early stage talks to itself be acquired by retail behemoth Walmart (NYSE: WMT). The combination of Humana and Walmart, though far from certain, would potentially be a game-changer for home […]