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 […]
Home health and hospice provider LHC Group (NASDAQ: LHCG) has stretched further into the hospice market with accelerated merger and acquisition activity through joint venture partnerships and organic growth during 2020’s third quarter. Joint ventures form the cornerstone of LHC Group’s hospice mergers and acquisitions strategy, with an emphasis on co-locating hospices in markets where […]
Dale Mackel has been appointed the new chief financial officer and treasurer of the hospice and home health mammoth LHC Group, Inc. (NASDAQ: LHCG). Mackel replaces Robert Williams, who stepped into the role in June when former CFO Joshua Proffitt became LHC Group’s president. According to a regulatory report, LHC Group announced that Williams withdrew […]
As the health care system strives to care for the legions of patients suffering from COVID-19, hospices have accepted an influx of patients who are infected with the virus. With hospice and palliative care patients among the most vulnerable to coronavirus disease infection, providers have ramped up infection control efforts to protect those at highest […]
Joshua Proffitt, president of hospice and home health provider LHC Group (NASDAQ: LHCG), indicated that hospice growth was a “top strategic focus” for the company. LHC Group has completed a number of hospice acquisitions so far in 2020 with additional transactions in their pipeline. “We’re so well-positioned that top priority of hospice expansion and growth […]
A joint venture between LHC Group (NASDAQ: LHCG) and CHRISTUS Health has acquired CHRISTUS Santa Rosa Hospice in San Marcos, Texas, for an undisclosed sum. Santa Rosa will rebrand as CHRISTUS Hospice — Central Texas following the closing of the transaction, expected Nov. 1. Joint ventures form the cornerstone of LHC Group’s hospice mergers and […]