LHC Group Inc. (Nasdaq: LHCG) had to overcome challenges linked to Hurricane Ida and the COVID-19 pandemic during the third quarter, both of which somewhat depressed its financial performance. But the in-home care provider isn’t pushing the panic button just yet, as its leadership firmly believes in the long-term outlook for home-based care and pending […]
LHC Group
Since its introduction in the U.S. Senate in July, the Choose Home Care Act of 2021 has been a hot topic among home health leaders. Most have overwhelmingly embraced the legislation as a major step forward for home-based care. One of these leaders is none other than Keith Myers, chairman and CEO of LHC Group […]
Two weeks ago, Home Health Care News hosted our flagship FUTURE Conference in downtown Chicago. Since then, I’ve been reflecting on the event’s panels as well as my on-background conversations to get a better feel for where the health care world — and home-based care, in particular — is headed. Value-based care and the shift […]
The Choose Home Care Act of 2021 was introduced in the U.S. House of Representatives early Friday morning. The legislation was previously introduced in the Senate at the end of July. If enacted, the landmark Choose Home legislation would create an add-on payment to the traditional Medicare Home Health Benefit, allowing providers to mix in […]
LHC Group Inc. (Nasdaq: LHCG) has already hit a record year for M&A activity. It added to its streak in a major way on Wednesday, announcing an agreement to purchase Brookdale Health Care Services agencies in 22 states from the recently formed venture between Brookdale Senior Living Inc. (NYSE: BKD) and HCA Healthcare (NYSE: HCA). […]
Trive backs Choice Health at Home Trive Capital, a Dallas-based private equity firm, has formed a partnership with Choice Health at Home. Tyler, Texas-based Choice is a home health, hospice and rehabilitation services provider. The company operates in 40 total locations across Texas, Louisiana and Oklahoma, with over 800 licensed health care employees. The partnership […]
The home health industry is at a pivotal moment, with operators weighing exciting new opportunities while simultaneously working through emerging challenges related to the COVID-19 virus. Amedisys Inc. (Nasdaq: AMED), LHC Group Inc. (Nasdaq: LHCG), Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) and other publicly traded providers discussed many of the industry’s biggest developments during their […]
Excluding 2018 — when it merged with Almost Family — LHC Group Inc. (Nasdaq: LHCG) has had its best year in terms of acquired revenue in its 27-year history during 2021, according to the company. Thanks to a string of home health and hospice deals, LHC Group has doubled its previous goal for acquired revenue […]
ModivCare expands into remote patient monitoring ModivCare Inc. (Nasdaq: MODV), a diversified health care services company with a large personal care business, has signed an agreement to acquire VRI Intermediate Holdings LLC, a provider of remote patient monitoring solutions. Under terms of the agreement, the Denver-based ModivCare will acquire 100% of VRI for a purchase […]
Home-based care leaders are encouraged by the Choose Home Care Act of 2021’s introduction into the U.S. Senate — and what it could mean for the home health industry if it’s ultimately enacted. Brent Korte, Keith Myers and Susan Ponder-Stansel are among them. The trio spoke about the recently introduced legislation Monday at the National […]