A 9.6% percent increase in admissions drove strong second quarter earnings results for LHC Group’s (NASDAQ: LHCG) hospice segment. The segment saw the highest rate of admissions growth among the company’s service lines during the second quarter, exceeding the home health segment’s 9.1% rise. LHC Group currently operates 104 hospice locations nationwide, representing 10.2% of […]
The LHC Group (NASDAQ: LHCG) is fueling its hospice growth engine through the company’s hallmark joint venture strategy as well as new acquisitions, according to CFO Josh Proffitt, speaking at the William Blair 2019 Growth Stock Conference in Chicago. LHC Group has targeted an additional 130 markets for hospice expansion in areas where they already […]
LHC Group (NASDAQ: LHCG) has teamed up with two Northeast hospice providers in a joint venture expected to glean $35 million in annual revenue. LHC purchased a majority share and will take over management of Geisinger Home Health and Hospice and AtlantiCare Home Health and Hospice, serving patients in New Jersey and Pennsylvania. The companies […]
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