LHC Group, finalized acquisition agreements for three home health, hospice, and palliative care providers in Virginia, Indiana, and Arkansas. The initial agreements were announced in July.
In Alexandria, Virginia, the company has purchased Cavalier Healthcare Services, a home health agency.
In Evansville, Indiana, the company expands its services with the purchase of MSA Hospice. The provider will rebrand as OMNI Hospice in alignment with the company’s home health provider of the same name.
In Crossett, Arkansas, LHC Group purchased Ashley County Medical Center Home Health, bolstering the company’s home health footprint in the state. The provider will continue operating under the ACMC name.
LHC said expects annualized revenue from the purchases of approximately $8 million and that it will not materially affect its 2021 diluted earnings per share. Read more.
