LHC Group Inc. (Nasdaq: LHCG) has become known for its aggressive joint venture strategy over the years. But like any relationship, healthy JVs require ingenuity, commitment and compromise — otherwise, they risk going bad. For the Lafayette, Louisiana-based LHC Group, a key secret to success has also been its “all health care is local,” community-first […]
LHC Group completes JV purchase, expansion agreements LHC Group Inc. (Nasdaq: LHCG) has hit the ground running in 2020. The Lafayette, Louisiana-based home health, hospice and personal care powerhouse announced Monday it has finalized joint venture purchase and expansion agreements in Texas, Arkansas and Louisiana. The transactions — all effective as of Jan. 1 — […]
Lifesprk, North Memorial Health unveil LEADS Lifesprk and North Memorial Health have partnered to make an alternative delivery system for whole person senior services. The idea behind the new system is to take into account a senior’s entire health care journey in order to more adequately serve his or her needs. The two Minneapolis-based organizations […]
LHC Group and LifePoint Health cement JV partnership LHC Group Inc. (Nasdaq: LHCG) and LifePoint Health have further cemented their joint venture partnership with the purchases CMH Home Health Care, Casa de la Paz Hospice and St. Joseph Family Hospice. CMH Home Health Care is a home health provider that serves Clinton County, Ohio. Casa […]
LHC Group (Nasdaq: LHCG) has long been known for its joint venture strategy, in which it teams up with hospitals and health systems to take over operations of their home health units — but those partnerships go beyond just a pure expansion strategy for the Lafayette, Louisiana-based company. JV partnerships have been key to helping […]
LHC Group Inc. (Nasdaq: LHCG) announced Tuesday it has entered into a definitive joint venture agreement with Geisinger Home Health and Hospice, plus AtlantiCare Home Health and Hospice. The announcement marks the second new joint venture for the Lafayette, Louisiana-based LHC Group in the early going of 2019. Under the new JV agreement, LHC Group […]
LHC Group, LifePoint Health Expand Partnership Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) is building one of its key joint ventures. On Monday, LHC Group and health network LifePoint Health announced that the companies have finalized two transactions to purchase and share ownership of a pair of home health organizations. They include Hickory, North Carolina-based Guardian […]
CEO of ComForCare Appointed to Home Care Association of America Board of Directors The Home Care Association of America (HCAOA) has appointed Steve Greenbaum, CEO of ComForCare, to its board of directors. HCAOA is a trade association for the home care industry that represents thousands of companies combining to employ more than 500,000 workers across […]
Fresh off a newly announced joint venture with a major hospital system, one of the nation’s largest home health care providers is continuing its financial hot streak after raising its full-year guidance—despite a looming threat in the proposed Home Health Groupings Model (HHGM). Lafayette, Louisiana-based LHC Group (NASDAQ: LHCG) is building on its momentum of […]
Almost Family Completes Joint Venture With Community Health Systems Almost Family, Inc (Nasdaq: AFAM) has finalized a previously announced acquisition of a controlling interest in the entity holding the home health and hospice assets of Community Health Systems, Inc. (NYSE: CYH). The home health and hospice side of Community Health Systems operates 74 home health […]
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