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Slide #77. LHC Group Inc. — Infirmary Hospice Care
LHC Group Inc. (NASDAQ:LHCG)
Infirmary Hospice Care
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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Strong Buy (3.80 out of 4)
(ranked higher than approx. 76% of all stocks covered)
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