LHC Group is back on the M&A scene, sans the stock ticker next to its name. UnitedHealth Group’s (NYSE: UNH) Optum officially acquired the company on Feb. 22. For the first time since then, LHC Group has made an acquisition of its own. It is acquiring the Delaware-based, Medicare-certified home health agency Summit Home Care. The Lafayette, Louisiana-based LHC Group provides home health, hospice and home- and community-based care in 37 states and the District of Columbia via its 30,000 employees. In addition to its 527 home health locations, the company has more than 400 hospital partnerships. In all likelihood, the company will take a two-pronged strategy to expanding home health reach. The first aspect of that strategy will be acquiring more providers, like Summit Home Care.
Read the full article: LHC Group Executes First Acquisition Post-Optum Deal //
Source: https://homehealthcarenews.com/2023/04/lhc-group-executes-first-acquisition-post-optum-deal