LHC Group Inc. (Nasdaq: LHCG) began in 1994 as a single home health agency, co-founded by husband-and-wife duo Keith and Ginger Myers, the provider’s first nurse.
In the nearly three decades since, the family-founded company has gone public and grown into a $2.2 billion home health, hospice and personal care powerhouse with a footprint that stretches across the majority of the U.S. Now, if all goes according to plan, the next chapter in LHC Group story will be a blockbuster combination with UnitedHealth Group’s (NYSE: UNH) Optum.
“Working together as organizations committed to caring for the most vulnerable in society will help us more effectively and efficiently deliver high-quality and increasingly value-based care in the home,” Myers, LHC Group’s chairman and CEO, said earlier this week.
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The post Optum Combination Marks New Chapter for LHC Group, New Valuation ‘Floor’ for Home Health Industry appeared first on Home Health Care News.
