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Slide #79. LHC Group Inc. — Home Health Business From Addus HomeCare
LHC Group Inc. (NASDAQ:LHCG)
Home Health Business From Addus HomeCare
LHC Group Inc. (Nasdaq:LHCG) has completed the previously announced acquisition of the home health service line of Addus HomeCare Corp. (Nasdaq:ADUS). The closing will be effective at 12:01 a.m. on March 1, 2013. All conditions to closing have been satisfied.
LHC Group is a holding company. Through its subsidiaries, Co. provides post-acute health care services to its patients. Co.'s segments include: home health services, which include nursing, medically-oriented social services and physical, occupational, and speech therapy; hospice services, which include pain and symptom management, emotional and spiritual support, inpatient and respite care, homemaker services, dietary counseling, and family bereavement counseling; and home and community-based services, which include assistance with grooming, medication reminders, meal preparation, assistance with feeding, light housekeeping, respite care, transportation, and errand services.
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Strong Buy (3.64 out of 4)
(ranked higher than approx. 69% of all stocks covered)
Based on Zacks ABR data;
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