LHC Group finalized its acquisition of Heart of Hospice from EPI Group – a deal that expands the company’s hospice footprint in five states.
The acquisition expands the company’s hospice footprint in Arkansas, Louisiana, Mississippi, Oklahoma and South Carolina – bringing 16 new hospice locations into the LHC Group of now 144 hospice locations. The new locations will continue to operate under the Heart of Hospice name. LHC Group expects annualized revenue from the purchase of approximately $92.5 million and that it will not materially affect its 2021 diluted earnings per share. Read more.
