Industry Note:
Chain Makes Big Buy
Published on Fri Feb 07, 2014
For-profit chain LHC Group Inc. will purchase Deaconess HomeCare and Elk Valley Health Services for $60 million from BioScrip Inc. "The transaction will add 33 locations in five states, increasing LHC Group’s geographical footprint to 342 locations across 27 states," Lafayette, La.-based LHC says in a release. Deaconess and Elk Valley combined are "one of the nation’s largest home health [...]