Key Developments For LHC Group, Inc.
LHC Group, Inc. (LHCG.O) (Nasdaq)
LHC Group, Inc. And Twin Lakes Regional Medical Center Announce Home Health Joint Venture; Completes Acquisition Of Feliciana Home Health
LHC Group, Inc. announced that it has entered into a home health joint venture with Twin Lakes Regional Medical Center in Leitchfield, Kentucky. The primary service area of this joint venture spans one county in Kentucky, a Certificate of Need (CON) state. This joint venture has an effective date of November 1, 2009. LHC Group also announced that it has completed the transaction, previously announced on October 14, 2009, to acquire the assets of Feliciana Home Health, a provider of home nursing services to patients in Baton Rouge and the surrounding area.
LHC Group, Inc. Raises FY 2009 Revenue Guidance; Reaffirms FY 2009 EPS Guidance
LHC Group, Inc. raised fiscal 2009 net service revenue guidance to a range of $515 to $525 million from the original range of $500 to $510 million. The Company reaffirmed fiscal 2009 guidance for fully diluted earnings per share (EPS) in the range of $2.15 to $2.25. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $2.25 on revenue of $524 million for the same period.
LHC Group, Inc. Signs Definitive Agreement To Acquire Feliciana Home Health
LHC Group, Inc. announced that it has signed a definitive agreement to acquire the assets of Feliciana Home Health, a provider of home nursing services to patients in Baton Rouge and the surrounding area. This acquisition is anticipated to close on November 1, 2009. Terms of the deal were not disclosed.
LHC Group, Inc. Acquires Home Health Agency In Camden, Alabama
LHC Group, Inc. announced that it has acquired 100% of the home health assets of John Paul Jones Hospital located in Camden, Alabama.
LHC Group, Inc. Enters Into Home Health Joint Venture With Three Rivers Community Hospital
LHC Group, Inc. announced that it has entered into a home health joint venture with Three Rivers Community Hospital located in Grants Pass, Oregon. The primary service area of this joint venture has an estimated population of approximately 386,000, with almost 18% over the age of 65.
