Whether it’s because of their proven leadership teams looking to shake up the market or their roles in a jaw-dropping transaction, there are several home health providers that stand out among their peers in 2023. And the moves that these companies – new players and established powerhouses alike – make over the next 6-12 months […]
LHC Group
Home-based care is more important than ever at UnitedHealth Group (NYSE: UNH). There are a few ways this is showing up — most notably through its $5.4 billion purchase of LHC Group. The transaction officially closed in February. “Our recent combination with LHC Group expands in-home capabilities,” Dirk McMahon, president and COO of UnitedHealth Group, […]
UnitedHealth Group (NYSE: UNH) – and its subsidiary Optum – completed the $5.4 billion acquisition of LHC Group on Wednesday. Now, the real work starts. We had to wait nearly a year for the deal to close, and we’ll have to wait longer to see the companies’ desired strategy come to fruition. But we can […]
The Federal Trade Commission (FTC) will reportedly not challenge UnitedHealth Group’s (NYSE: UNH) deal for LHC Group Inc. (Nasdaq: LHCG) after all. Both companies stock rose Tuesday after that news surfaced from a CTFN report. Just last week, LHC Group stock dropped after a report from Capitol Forum suggested that the FTC may be looking […]
LHC Group Inc. (Nasdaq: LHCG) had dropped close to 3.5% by market close on Thursday after a report suggested that the Federal Trade Commission (FTC) is reviewing its pending deal with UnitedHealth Group (NYSE: UNH) again, this time due to a potential vertical harm theory. Broadly, vertical harm theory concerns generally are tied to market […]
The quotes that cracked this Home Health Care News list were not only memorable, frank and informative, but they also paint a complete picture of the home-based care landscape in 2022. The words from the industry leaders highlighted here weigh in on everything from tensions with Medicare Advantage (MA) plans to staffing shortages kneecapping industry […]
Amid the ongoing shift toward value-based care — and away from fee-for-service payment models — providers in senior care are still navigating in the dark, especially when it comes to working with payers and other third-party stakeholders. Those aren’t not always the easiest relationships to cultivate, they’re learning. But creating relationships based on trust, understanding […]
UnitedHealth Group’s (NYSE: UNH) deal for the home health giant LHC Group Inc. (Nasdaq: LHCG) is set to close. Eventually. According to a new filing with the U.S. Securities and Exchange Commission (SEC), the deal is now expected to be finalized in the first quarter of 2023. “As previously disclosed, on June 10, 2022, the […]
Hourly pay rates for licensed practical nurses (LPNs) at home health agencies increased nearly 10% from 2021 to 2022, while turnover rates fell slightly from last year. That’s according to the latest Home Care Salary & Benefits report from Hospital & Healthcare Compensation Service. The Oakland, New Jersey-based company provides salary and benefits studies — […]
LHC Group Inc. (Nasdaq: LHCG) and University of Maryland Medical System (UMMS) have teamed up — in a new joint venture agreement — to offer in-home health care services in parts of Maryland. The aim of this strategic relationship is to increase access to home-based care, as the demand for these services continues to rise. […]