Michigan-headquartered Residential Hospice has acquired Comfort Hospice in Missouri and Grace Hospice in Ohio for undisclosed amounts. Residential is a portfolio company of Graham Healthcare Management, which in turn is a subsidiary of the investment firm Graham Holdings Company (NYSE: GHC). Residential purchased the two hospices from health care company U.S. Medical Management, which offers […]
LHC Group Inc. (NASDAQ: LHCG) leadership revealed in an earnings call Thursday morning that its merger-and-acquisition activity has hit an all-time high this year. Additionally, hospice deals currently make up just above 60% of the $400 million the company currently has set aside to further boost its M&A pipeline as 2021 unfolds. Hospice will remain […]
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 […]
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) 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 […]
A booming value-based payment market in Puerto Rico may have indications for programs emerging in the United States beginning next year. Mainland U.S. hospice providers may face similar risks and rewards when weighing participation in the forthcoming payment demonstration to test the inclusion of hospice in Medicare Advantage. Commonly called the hospice carve-in, the U.S. […]
Ascend Hospice, a subsidiary of New Jersey-based Ascend Health, is entering the Puerto Rico market through the acquisition of Grace Hospice, which has operations across the island of Puerto Rico, for an undisclosed sum. The business will operate under its new name, Grace Hospice Puerto Rico, and will provide hospice care to those with terminal […]
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
