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
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. […]
LHC Group acquires Three Rivers Home Health LHC Group Inc. (Nasdaq: LHCG) has expanded its reach in Georgia by purchasing the Eastman, Georgia-based Three Rivers Home Health. Following the purchase of Three Rivers’ nine locations, LHC Group’s footprint spans 36 Georgia counties. The acquisition is expected to create a $12 million revenue boost for the […]
For LHC Group Inc. (Nasdaq: LHCG), its plan to combine with UnitedHealth Group’s (NYSE: UNH) Optum is still the big headline. All the while, the company is still navigating through the same home health care landscape that its peers are. Back in March, UnitedHealth Group announced that it would acquire the Lafayette, Louisiana-based company for […]
Pennant acquires Bozeman home health provider, Twin Falls senior living asset The Pennant Group Inc. (Nasdaq: PNTG) announced last week that it has acquired the assets of First Choice Home Health, a home health and personal care services provider in Bozeman, Montana. “This acquisition complements our existing hospice operations in the state, expanding the continuum […]
LHC Group Inc. (Nasdaq: LHCG) has long been a home health giant attracting plenty of attention. But the spotlight on the company has never been brighter, thanks to UnitedHealth Group’s plan to purchase the provider for $5.4 billion and roll it into Optum. This week, that spotlight is on the challenges and opportunities that LHC […]
UnitedHealth Group (NYSE: UNH) is moving toward value-based care at a faster pace than even it originally imagined. And that’s partly because of the success of its home- and community-based care capabilities, according to CEO Andrew Witty. Already, that home- and community-based care ecosystem includes capabilities such as Optum’s HouseCalls program and in-home assessments, plus […]
Last week, UnitedHealth Group (NYSE: UNH) revealed that it’s buying aging-in-place giant LHC Group Inc. (Nasdaq: LHCG) and combining the provider with its Optum business. In the aftermath of that announcement, one of the most interesting questions to ponder has been: How will LHC Group fit alongside the rest of Optum’s home-focused offerings? Optum is […]
LHC Group Inc. (Nasdaq: LHCG) began in 1994 as a single home health agency, co-founded by husband-and-wife duo Keith and Ginger Myers, the provider’s first nurse. In the nearly three decades since, the family-founded company has gone public and grown into a $2.2 billion home health, hospice and personal care powerhouse with a footprint that […]
LHC Group Inc. (Nasdaq: LHCG) established its first home health joint venture with Louisiana’s Opelousas General Hospital in 1998. Since then, LifePoint Health, Christus Health and several other hospital chains have joined the in-home care company’s JV network as well. Overall, the Lafayette, Louisiana-based LHC Group now has 82 unique joint venture partnerships, collectively covering […]
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