Hospitals Increasingly Offering Home-Based Palliative Care

At a time when more health care stakeholders are recognizing the value of home-based care, a rising number of hospitals and health systems are expanding their services into the community, particularly when it comes to palliative care.  Home-based palliative care could reduce societal health care costs by $103 billion nationwide within two decades, according to […]

LHC Group Joint Venture Completes Missouri Acquisitions

LHC Group, Inc. (NASDAQ: LHCG) along with joint venture partner Capital Region Medical Center (CRMC) have completed an acquisition of a Mexico, Mo.-based hospice agency from nonprofit health system SSM Health. The purchase also included two home health agencies, also based in Missouri communities. Financial terms of the deal were not disclosed. The three acquired […]

LHC Group ‘Intensely Focused’ on Hospice Growth

The LHC Group (NASDAQ: LHCG) is fueling its hospice growth engine through the company’s hallmark joint venture strategy as well as new acquisitions, according to CFO Josh Proffitt, speaking at the William Blair 2019 Growth Stock Conference in Chicago. LHC Group has targeted an additional 130 markets for hospice expansion in areas where they already […]

LHC Group Joint Venture Acquires SSM Health Hospice Assets

Joint venture partners LHC Group, Inc. (NASDAQ: LHCG) and Capital Region Medical Center (CRMC) have entered an agreement to purchase one hospice agency in Mexico, Mo., as well as two home health agencies, one located in Jefferson City, Mo. Financial terms of the transaction were undisclosed. The joint venture expects the transaction to close before […]