LHC Group, Inc. (NASDAQ: LHCG) announced today that it has finalized joint venture (JV) purchase and expansion agreements with partners in Texas, Arkansas, and Louisiana – all effective as of January 1, 2020. DFW Home Health – a separate legal entity jointly owned by partners LHC Group, Texas Health Resources, and North Texas Health Facilities Management, Inc., a subsidiary of Methodist Health System – has completed purchase of a home health provider serving patients and families in Arlington, Texas. LHC Group and JV partner LifePoint Health finalized a purchase agreement adding two additional locations – a home health provider and a hospice provider – in Bryant, Ark., that are associated with LifePoint’s Saline Memorial Hospital. LHC Group and Ochsner Health System have purchased five Egan Home Health and Hospice provider locations across South Louisiana as part of their existing JV partnership, operating as Southeast Louisiana HomeCare.
Read the full article: LHC Group Finalizes Transactions Expanding Joint Ventures in Texas, Arkansas, and Louisiana //
Source: https://www.globenewswire.com/news-release/2020/01/06/1966347/0/en/LHC-Group-finalizes-transactions-expanding-joint-ventures-in-Texas-Arkansas-and-Louisiana.html