‘This Helps Us’: LHC Group Discusses Vaccine Mandates, Staffing Trends

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 […]

[Updated] Landmark Choose Home Bill Introduced in the House

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 […]

[Updated] LHC Group to Acquire Home Health, Hospice Assets in 22 States from HCA-Brookdale Venture

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). […]

Transactions: Trive Capital Invests in Choice Health at Home; LHC Group Completes Heart of Hospice Deal

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 […]

Higher-Acuity Care, Rate Stability and New M&A Priorities: Key Takeaways from the Q2 Earnings Season

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 […]

Transactions: ModivCare to Buy VRI for $315M; Nova Leap Completes Home Care Deal

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 […]