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 […]
Santa Rita Hospice
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, […]
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 […]
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 […]
Hospice and home health provider LHC Group (NASDAQ: LHCG) has acquired Santa Rita Hospice in Aurora, Colo. Santa Rita will rebrand as At Home Hospice and will share space with At Home Healthcare, LHC Group’s home health agency in that community. Financial terms for the asset purchase were undisclosed. Santa Rita’s average daily census is […]