Key Developments: LHC Group Inc (LHCG.O)

LHCG.O on Nasdaq

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17 Dec 2014
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Latest Key Developments (Source: Significant Developments)

LHC Group names Dionne E. Viator Executive Vice President, Chief Financial Officer and Treasurer
Thursday, 4 Dec 2014 01:00pm EST 

LHC Group Inc:Selected Dionne E. Viator, a healthcare executive with extensive industry experience and leadership, to serve as company's Executive Vice President, Chief Financial Officer and Treasurer, effective Feb. 1, 2015.Effective Jan. 31, 2015, Jeffrey M. Kreger, who joined LHC Group in Feb. 2013 as senior vice president of finance and has been serving as executive vice president, chief financial officer and treasurer since Jan. 1, 2014, will reassume his Senior Vice President of Finance Role.  Full Article

LHC Group Inc raises FY 2014 revenue guidance; reaffirms FY 2014 EPS guidance
Wednesday, 5 Nov 2014 04:31pm EST 

LHC Group Inc:Raises FY 2014 guidance for net service revenue, which was issued on Aug. 6, in range of $720 million to $730 million, to range of $725 million to $735 million due to Life Care Home Health acquisition that was completed on Sept. 1.Reaffirming its FY 2014 guidance for fully diluted earnings per share (EPS) in the range of $1.25 to $1.35.Says that this guidance includes negative impact from Medicare Home Health Prospective Payment System for 2014 of about $0.17 per diluted share.FY 2014 revenue of $727 million and EPS of $1.29 - Thomson Reuters I/B/E/S.  Full Article

LHC Group Inc announces Home Health joint venture in Alabama with Troy Regional Medical Center and Southeast Alabama Medical Center
Monday, 3 Nov 2014 07:00am EST 

LHC Group Inc:Has entered into three party home health joint venture with Southeast Alabama Medical Center (SAMC) and Troy Regional Medical Center in Certificate of Need (CON) state of Alabama.Service area includes seven counties with population of 415,000.Troy Regional Medical Center, based in Troy, Alabama, is a 97-bed licensed acute care facility operating under health care authority board and is fully accredited by The Joint Commission.Facility serves same seven counties as the home health and employs over 275 staff members.Specialties include orthopedics, women's health, ENT, podiatry, general surgery, sleep lab, medical detoxification, and pain management with over 100 board certified physicians on staff.  Full Article

LHC Group Inc completes previously announced acquisition of Life Care Home Health
Tuesday, 2 Sep 2014 12:45pm EDT 

LHC Group Inc:Completes asset purchase from Life Care Home Health, Inc. acquiring 13 home health agencies across six states for $10 mln in cash.Transaction increases LHC Group's geographical footprint to 350 locations across 29 states.Transaction is anticipated to be accretive to LHC Group's 2015 earnings, with a neutral impact expected for 2014.Due to different regulatory process and timeline, acquisition of additional Life Care Home Health agency in Rhode Island is expected to close later this year.Life Care Home Health is sister company of Life Care Centers of America, Inc., which provides nursing home care and long-term health care services for residents in a variety of settings, including skilled nursing homes, assisted living facilities, retirement living communities and home care.  Full Article

LHC Group Inc raises FY 2014 revenue guidance; raises low end of prior FY 2014 EPS guidance to a range above analysts' estimates
Wednesday, 6 Aug 2014 04:30pm EDT 

LHC Group Inc:Raises FY 2014 guidance for net service revenue, which was issued on March 5, 2014, in range of $700 mln to $720 mln, to range of $720 mln to $730 mln.Raises lower end of its range for fully diluted earnings per share (EPS) from $1.15 to $1.35 to range of $1.25 to $1.35.FY 2014 revenue of $709 mln and EPS of $1.21 - Thomson Reuters I/B/E/S.  Full Article

LHC Group to acquire Life Care Home Health
Tuesday, 15 Jul 2014 07:00am EDT 

LHC Group Inc:Signs definitive asset purchase agreement with Life Care Home Health, Inc. and its operating subsidiaries, to purchase 14 home health agencies across seven states for $10 mln in cash.Transaction will increase LHC Group's geographical footprint to 352 locations across 30 states.  Full Article

LHC Group Inc reaffirms FY 2014 outlook
Wednesday, 7 May 2014 04:30pm EDT 

LHC Group Inc:Reaffirms FY 2014 outlook.Expects FY 2014 net service revenue in the range of $700 - $720 mln.Expects FY 2014 fully diluted earnings per share in the range of $1.15 to $1.35.FY 2014 revenue of $714 mln, EPS of $1.25 - Thomson Reuters I/B/E/S.  Full Article

LHC Group Inc acquires Home Health and Hospice provider in west virginia
Thursday, 3 Apr 2014 07:00am EDT 

LHC Group Inc:Acquires assets of home health and hospice provider in the Certificate of Need state of West Virginia.Signs definitive purchase agreement to acquire the assets of a home health and community-based service provider in the CON state of North Carolina.Annual combined revenue for the two transactions is about $2 mln.Also signed a definitive purchase agreement to acquire the assets of Professional Nursing Services, which is expected to close on May 1.  Full Article

LHC Group Inc completes acquisition of Deaconess HomeCare
Tuesday, 1 Apr 2014 07:00am EDT 

LHC Group Inc:Completes the transaction with BioScrip, Inc.To purchase two of BioScrip's operating subsidiaries, doing business as Deaconess HomeCare and Elk Valley Health Services, for $59.5 mln.Jones Walker LLP acted as LHC Group's legal advisor in connection with the transaction.  Full Article

LHC Group Inc gives FY 2014 guidance; EPS guidance below analysts' estimates
Wednesday, 5 Mar 2014 05:00pm EST 

LHC Group Inc:Expects FY 2014 net service revenue of $700 million to $720 million.Expects FY 2014 earnings per share of $1.15 to $1.35.FY 2014 revenue of $700 million and EPS of $1.43 - Thomson Reuters I/B/E/S.  Full Article

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