LHC Group Acquires Embattled Provider for $5.7 Million

The Kentucky home health agency that infamously used tequila and Taylor Swift concert tickets as kickbacks has been sold to one of the nation’s largest home health and hospice providers. A U.S. Bankruptcy Court judge recently approved the sale of Lexington, Kentucky-based Nurses’ Registry and Home Health Corp. to LHC Group (NASDAQ: LHCG) for $5.7 […]

Top 10 Largest Home Health Providers

Providers across the spectrum are tapping into the home health market to expand their services across multiple facets of care, as evidenced by LexisNexis’ 2015 rankings of the leading home health agencies in the United States. Released Wednesday, the LexisNexis 2015 Top 100 Home Health and Hospice Agencies Rankings is a report that ranks Medicare-certified home health providers by national […]

Home Health M&A Surges as Major Providers Vie for Growth

Home health merger and acquisition activity was on the upswing in the third quarter of 2015, and it appears that post-acute care providers remain particularly avid to increase their in-home services. However, signs indicate that the largest home health companies are positioning themselves to drive M&A activity as well. With nine publicly announced transactions in […]

Compassus Expands Footprint with Hospice Advantage Acquisition

Community-based hospice company Compassus has acquired Hospice Advantage, an operator focused on end-of-life care, in a deal that allows the company to enter markets in three new states. The transaction, announced last week, expands Compassus’ footprint to 150 locations in 28 states to serve more than 30,000 patients and their families each year, according to […]

Business Briefs: LHC Completes Halcyon Hospice Acquisition, Epic Health Services Acquires Unifour Nursing

LHC Group Completes $58.5 Million Halcyon Hospice Acquisition Lafayette, Louisiana-based LHC Group, a post-acute care provider, completed its acquisition of Cumming, Georgia-based Halcyon Hospice for $58.5 million. Halcyon operates 16 hospice locations across Georgia, South Carolina and Mississippi, including two inpatient hospice facilities. The company’s overall service area covers 183 counties, including 59 counties where […]

LHC Posts Another Winning Month on Wall Street

One of the nation’s largest home health providers, LHC Group (Nasdaq: LHCG), bucked overall market trends and saw its stock rise in September, according to the most recent Home Health Index from mergers and acquisition firm Stoneridge Partners. It was the second month in a row that LHC Group led its peers in share price […]

LHC, Almost Family Shares Rise in Tanking Market

Amid a turbulent few months for the stock market, The Stoneridge Partners Home Health Index (HH Index), which measures the performance of three major publicly traded home health companies, found the home health market has been doing just fine. The September 1 update from Stoneridge revealed two of the three measured stocks—all listed on the NASDAQ—for […]

Amedisys Eyes More Than 200 Potential Acquisitions, Partnerships

Amedisys Inc. (NASDAQ: AMED) has released an extensive list of potential acquisition targets as the major home health and hospice provider looks to expand to new markets. The list, which includes the names of more than 200 candidates for acquisitions, joint ventures and partnerships, comes after Amedisys announced last month its plan to move its […]

LHC Group Fishes for Big Deals After Strong Earnings

One of the nation’s largest home health and hospice providers, LHC Group Inc. (Nasdaq: LHCG), posted strong earnings in the second quarter of 2015 and is looking to grow, company leaders recently announced. For the six months that ended June 30, LHC’s net income was $15.8 million, or $0.90 cents per diluted share, which was […]