As LHC Group’s (NASDAQ: LHCG) pending $5.5 billion acquisition by UnitedHealth Group (NYSE: UNH) unfolds, the home health and hospice provider is seeing resurgent admissions growth despite persistent workforce pressures. LHC Group saw a contraction in the nursing labor market across its business segments during the second half of last year, President Joshua Proffitt previously […]
LHC Group (NASDAQ: LHC) is pushing back against pandemic-associated labor headwinds. With hiring up and turnover down, the company hopes to build on that momentum while pursuing joint venture and acquisition opportunities. LHC Group enhanced its recruitment and retention strategies during the past two years. The company in 2020 piloted a regional approach to recruitment […]
LHC Group (NASDAQ: LHCG) is setting its strategic sights on “all things end-of-life care,” seeing further upside in its sizable hospice business. The Lafayette, Louisiana-based provider has spent the past few years building up its hospice platform through acquisitions. It plans to continue the momentum in 2022, though the company has previously suggested it will […]
LHC Group (NASDAQ: LHC) had a record-breaking year when it came to acquisitions during 2021, with much of that activity leaning towards hospice. As 2022 begins, the company is focused on integrating those new assets and elevating their performance to its full potential, while fueling further growth with de novos and its joint venture strategy. […]
Carla Davis is the president of LHC Group’s (NASDAQ: LHCG) Heart of Hospice Division. She previously served as CEO of South Carolina-based Heart of Hospice until LHC Group acquired the agency in August. Davis came to Heart of Hospice with diverse compliance, operational and sales experience including as chief operating officer of VistaCare, and vice […]
LHC Group (NASDAQ: LHCG) executives today announced a slowed, albeit continued, focus on hospice growth heading into 2022. The company has been bullish on the hospice market in recent years, with hospices deals making up a little more than 60% of in cash flow set aside to further boost its M&A pipeline last quarter. Heading […]
LHC Group (NASDAQ: LHCG) will acquire home health and hospice operations in 22 states from the joint venture between Brookdale Senior Living (NYSE: BKD) and hospital system HCA Healthcare (NYSE: HCA). Brookdale sold an 80% stake in its home health, hospice and outpatient therapy business to HCA earlier this year in a $400 million deal. […]
LHC Group (NASDAQ: LHCG) has completed its acquisition of South Carolina-headquartered Heart of Hospice from the family-owned investment firm Evening Post Industries (EPI) Group. The deal furthers a streak of hospice transaction by LHC Group that is unlikely to abate in the near term. Financial terms were undisclosed. LHC Group’s M&A activity has hit an […]
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 agreed to acquire Heart of Hospice from the family-owned investment firm Evening Post Industries (EPI) Group for an undisclosed amount. Heart of Hospice has a 16-location footprint across five states. Heart of Hospice will not rebrand following the acquisition. The hospice operates in Arkansas, Louisiana, Mississippi, Oklahoma and South Carolina. […]
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