LHC Group, Inc. (NASDAQ: LHCG) has entered an agreement to acquire three home health, hospice, and palliative care companies. These include MSA Hospice in Indiana, Ashley County Medical Center Home Health in Arkansas, and Virginia-based Cavalier Healthcare Services. The purchase prices for each of these transactions were undisclosed. LHC Group expects the deals to close […]
East Valley Palliative Care
LHC Group (NASDAQ: LHCG) has entered into a definitive agreement to acquire two locations from Tucson, Ariz.-based hospice provider Casa de la Luz. Financial terms of the transaction were not disclosed. Hospice acquisitions are a top strategic focus for LHC Group. Their primary strategy is to build up their hospice footprint in markets where they […]
LHC Group (NASDAQ: LHCG) aims to continue growth of its hospice services as this year unfolds with a number of acquisitions in the works. Record-high multiples for hospice acquisitions are not deterring LHC Group from pursuing those transactions. Hospice deals accounted for 71% of the $502.5 million the company currently earmarked for its M&A pipeline. […]
LHC Group (NASDAQ: LHCG) is determined to expand the scale of its hospice services with heavy emphasis on acquisitions. The company has earmarked $421.5 million for acquisitions during 2021 with 84% of those dollars designated for hospice transactions. LHC Group’s acquisition strategy is focused on co-locating new hospice operations with their existing home health locations, […]
Joint venture partnerships will be key to fueling expansion into the hospice space for national home health and hospice provider LHC Group, Inc. (NASDAQ: LHCG). Accelerated growth in 2021 and beyond will focus on a differentiated strategy that includes the company’s successful joint ventures (JVs). LHC Group provides hospice, home health, and facility- and community-based […]
LHC Group, Inc. (NASDAQ: LHCG) has finalized the acquisitions of Grace Hospice in Tulsa, Okla., as well as two affiliated providers in Mesa, Ariz., East Valley Hospice and East Valley Palliative Care. The Grace transaction marks LHC Group’s entry into the Oklahoma hospice market, where the company already has a home health presence. LHC Group’s […]
LHC Group (NASDAQ: LHCG) is leveraging its separate business lines to create a health care ecosystem focused on developing long-term relationships with patients and families. The company providers hospice, home health and home- and community-based services nationwide. A cornerstone of this effort is LHC Group’s strategy of co-locating its home health and hospice businesses in […]
LHC Group, Inc. (NASDAQ: LHCG) has agreed to acquire Tulsa-based Grace Hospice of Oklahoma for $12.1 million. This is the company’s second hospice acquisition this week. On Nov. 9 the company announced that it would purchase two Mesa, Ariz.-based providers, East Valley Hospice and East Valley Palliative Care. LHC Group’s acquisition strategy is focused on […]
LHC Group, Inc. (NASDAQ: LHCG) will acquire two Mesa, Ariz.-based providers, East Valley Hospice and East Valley Palliative Care, expected to become effective on Jan. 1, 2021. This deal is consistent with LHC Group’s strategy of expanding its hospice business in markets in which the company already has a home health presence. LHC Group President […]