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LHC Group Inc to acquire Deaconess Homecare and Elk Valley Health Services

Monday, 3 Feb 2014 07:07am EST 

LHC Group Inc:Says it has signed a definitive stock purchase agreement with BioScip, Inc. to purchase two of its operating subsidiaries, doing business as Deaconess HomeCare and Elk Valley Health Services.Says the consideration for $60 mln.Says the transaction will add 33 locations in five states, increasing LHC Group's geographical footprint to 342 locations across 27 states.Says the transaction, which is expected to close by the end of the first quarter of 2014. 

Company Quote

-0.07 -0.32%
23 Jul 2014