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Diagnostics M&A image Diagnostics M&A » By The Online Investor Staff, updated Sat., Feb. 29, 12:55 AM Recent mergers and acquisitions in the Diagnostics M&A category.

Slide #77. LHC Group Inc. Infirmary Hospice Care

Acquirer: LHC Group Inc. (NASDAQ:LHCG)
Acquiree: Infirmary Hospice Care
Details: LHC Group Inc. has acquired the assets of Infirmary Hospice Care in the State of Alabama, which is a Certificate of Need (CON) State for hospice services. The acquired hospice agency, located in Mobile, Alabama, will continue to operate under the name Infirmary Hospice Care through the remainder of 2013 and serve Mobile and Baldwin counties. Current annual revenue for this agency is approximately $2.5 million.

LHC Group, through its subsidiaries, provides post-acute health care services to patients through its home nursing agencies, hospice agencies, home and community-based services agencies, long-term acute care hospitals and healthcare innovations services. Co.'s segments include: home health services, which includes nursing, medically-oriented social services and physical, occupational, and speech therapy; hospice services, which includes pain and symptom management, emotional and spiritual support, inpatient and respite care, homemaker services, and counseling; and home and community-based services, which includes assistance to elderly, chronically ill, and disabled patients.

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Company Name: 
LHC Group Inc
Website: 
www.lhcgroup.com
Sector: 
Diagnostics
Number of ETFs Holding LHCG: 
44
Total Market Value Held by ETFs: 
$792.25M
Total Market Capitalization: 
$4.74B
% of Market Cap. Held by ETFs: 
16.72%
 

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Strong Buy (3.80 out of 4)
76th percentile
(ranked higher than approx. 76% of all stocks covered)
Based on Zacks ABR data;
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