LHC Group Inc

Transactions: Aveanna to Acquire Comfort Care in $345M Deal; Henry Ford Health System Partners with Contessa

Aveanna Healthcare (Nasdaq: AVAH) has agreed to acquire Comfort Care Home Health for $345 million, according to financial filings. The Atlanta-based Aveanna went public through a $100 million IPO earlier this year. While it filed an 8-K on Oct. 1 for the deal, a press release has not yet been issued. Sign up for HHCN …

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Home-Based Care Providers Face Major Losses Ahead of Vaccine Mandates

Sign up for HHCN + to read this exclusive content. Individual Membership $400 per year Purchase Group 2–5 members$380 per year* Purchase Need more than 5 members? Contact us for more information. * per member Already a member? Login The post Home-Based Care Providers Face Major Losses Ahead of Vaccine Mandates appeared first on Home …

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LHC Group, Visiting Nurse Health System CEOs Open Up About HHVBP

The proposed expansion of the Home Health Value-Based Purchasing (HHVBP) Model has been a hot topic in the home health industry over the last few months. But while a nationwide mandatory value-based reimbursement system would certainly cause disruption, some operators believe the best path forward is to simply stay focused on high-quality care in the …

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Transactions: LHC Group Expands Footprint; Senior Helpers Acquires New Corporate Store

The LHC Group Inc. (Nasdaq: LHCG) M&A run continues. The Lafayette, Louisiana-based company recently announced agreements to acquire Generations Home Health along with Freda H. Gordon Hospice and Palliative Care, both in Virginia Beach, Virginia. LHC Group expects $7 million in annual revenue from the deals. Sign up for HHCN + to read this exclusive …

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Medalogix Merges with Muse Healthcare, Gets Backing from Vistria and LHC Group

Medalogix was already one of the market leaders in home health predictive analytics. It has now gotten what appears to be another boost. That boost comes in the form of three new developments: a merger, a private equity investment and an investment from yet another publicly traded home health care giant. On Wednesday, the Chicago-based …

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Encouraged by Legislative Tailwinds, LHC Group Considers Personal Care Expansion

From the halls of Congress to the desk of President Joe Biden, home health providers have been generally encouraged by the federal government’s increased focus on home-based care. In the present, that sense of encouragement comes from billions of dollars in funding for home- and community-based services (HCBS), plus regulatory waivers for telehealth, paperwork requirements …

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LHC Group Expands In-Home Care Partnership with Orlando Health

LHC Group Inc. (Nasdaq: LHCG) and Orlando Health announced Tuesday they are expanding their joint venture into St. Petersburg, Florida, by realigning Bayfront Home Health Services into the partnership’s portfolio. Bayfront Home Health Services was already owned by LHC Group, but now the home health provider will be controlled through the joint venture. “Bayfront Home …

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The Top 10 Largest Home Health, Hospice Providers in 2020

Kindred at Home remained at the top of the home health care mountain in 2020, checking in as the largest provider in the country, according to the latest annual ranking from LexisNexis Risk Solutions. Kindred specifically captured nearly 6% of the national market share last year. Kindred at Home is part of Humana Inc. (NYSE: …

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LHC Group Sees Progress with ACOs, Direct-Contracting Entities

LHC Group Inc. (Nasdaq: LHCG) continues to make progress with its accountable care organization (ACO) relationships while making inroads with direct-contracting entities (DCEs), company leadership said Thursday. At the same time, the Lafayette, Louisiana-based home health giant is building more new referral channels.  Those and other home-based tailwinds have LHC Group’s leadership team bullish about …

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LHC Group to Acquire End-of-Life Care Provider in the Arizona Market

LHC Group Inc. (Nasdaq: LHCG) announced Monday it has agreed to purchase Arizona-based East Valley Hospice and East Valley Palliative Care. The deal is expected to close on Jan. 1. Mesa, Arizona-based East Valley Hospice and East Valley Palliative care provide at-home care for end-of-life patients as well as ones living with complex conditions. Together, …

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LHC Group Names New CFO; The Pennant Group Picks New President

LHC Group Inc. (Nasdaq: LHCG) announced Monday that Dale Mackel has joined the company as its next chief financial officer. Since 2016, the CFO position has been held by LHC Group’s current president, Joshua Proffitt. “The LHC Group team of leaders is one of the deeper and more experienced in all of health care, with …

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