The planned merger between two of the nation’s largest home health care providers—LHC Group (Nasdaq: LHCG) and Almost Family (Nasdaq: AFAM)—hit a roadblock after LHC Group resubmitted its documents for the proposed transaction, restarting the notification process. LHC Group voluntarily withdrew its pre-merger notification and report from the U.S. Federal Trade Commission (FTC), according to […]
LHC Group (Nasdaq: LHCG) had a big year in 2017, growing its share price 23.14%. That’s the largest yearly increase among the companies tracked on the Home Health Index (HHI), which is updated each month by health care merger and advisory firm Stoneridge Partners. The Index keeps tabs on the share prices of the largest […]
Staffing and regulations are perennial concerns for home health and home care providers, and these topics dominated the headlines in the last week. One the regulatory front, a new era for home health has begun, with the sweeping new Conditions of Participation (CoPs) taking effect on Jan. 13. The final interpretive guidelines (IGs) are still […]
Two blockbuster transactions in late 2017 contributed to a record quarter for home health M&A spending, according to the latest data from business intelligence firm Irving Levin Associates. In November, two major home health providers—LHC Group (Nasdaq: LHCG) and Almost Family (Nasdaq: AFAM)—announced their intention to merge in an all-stock deal with a total implied […]
Facing a serious labor crunch, home health and other senior care providers are adopting new approaches to recruiting and retaining workers. Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG), one of the largest home health companies in the nation, is no exception. Changing its scheduling practices and making its training more rigorous are two adjustments that have […]
Amedisys (Nasdaq: AMED) sees an opportunity among major consolidation in the home health care industry, CEO Paul Kusserow said at the J.P. Morgan Healthcare Conference in San Francisco on Wednesday. With competitors Almost Family (Nasaq: AFAM) and LHC Group (Nasdaq: LHCG) announcing their merger at the end of 2017, and Humana (NYSE: HUM) acquiring a 40% stake in […]
As enrollment in Medicare Advantage continues to surge, major players such as Amedisys (Nasdaq: AMED) and LHC Group (Nasdaq: LHCG) see a huge opportunity that could bring higher payments. These home health providers see that Medicare Advantage (MA) rolls are large and growing. Medicare Advantage enrollment has grown 71% since the Affordable Care Act was […]
Home health stocks climbed upward in November amid news that two of the industry’s biggest players are merging, according to the Home Health Index December update from M&A advisory firm Stoneridge Partners. Louisville, Kentucky-based Almost Family, Inc. (Nasdaq: AFAM) and Lafayette, Louisiana-based LHC Group, Inc. (Nasdaq: LHCG), vowed to join forces on Nov. 16. The deal, set to close […]
LHC Group Enters Joint Venture for Home Health Care in SE Tennessee LHC Group (NASDAQ: LHCG), one of the nation’s largest home health care providers, and Erlanger Health System, a multi-hospital system based in Chattanooga, Tennessee, finalized a joint venture worth roughly $7 million in annualized revenue. The transaction includes a facility that provides both skilled home health care and non-skilled […]
Happy Monday, Home Health Care News readers. We’re heading into a short week with the Thanksgiving holiday. Heads up to all our readers: We won’t be publishing on Wednesday and will return to our normal posting schedule on Monday, Nov 20. Gobble gobble! To keep you up to date on all things home health and […]
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