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Slide #79. LHC Group Inc. — Home Health Business From Addus HomeCare
Acquirer:
LHC Group Inc. (LHCG)
Acquiree:
Home Health Business From Addus HomeCare
Details:
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 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; home and community-based services, which include assistance with grooming, medication reminders, meal preparation, feeding, light housekeeping, respite care, transportation, and errand services; and facility-based services, which provided through its long-term acute care hospitals.
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Hold (2.22 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: LHCG Stock Forecast Based on Zacks ABR data; powered by Xignite |