Home Health & Hospice Week

Industry Notes

• LHC Group Inc. saw positive earnings in the latest quarter. The Lafayette, La.-based chain reported revenues of $145.9 million for the quarter ended March 31 compared to $124.5 million in the year-ago quarter. Net income rose modestly from $15.1 million to $15.8 million during that time period,LHC says. LHC's patient outcome scores rose in all 12 publicly reported outcomes on Home Health Compare, it says in a release. CEO Keith Myers also predicted "more certainty in regards to the long term reimbursement environment," thanks to enactment of the health care reform law. That stability will fuel industry consolidation, he expected.
You’ve reached your limit of free articles. Already a subscriber? Log in.
Not a subscriber? Subscribe today to continue reading this article. Plus, you’ll get:
  • Simple explanations of current healthcare regulations and payer programs
  • Real-world reporting scenarios solved by our expert coders
  • Industry news, such as MAC and RAC activities, the OIG Work Plan, and CERT reports
  • Instant access to every article ever published in your eNewsletter
  • 6 annual AAPC-approved CEUs*
  • The latest updates for CPT®, ICD-10-CM, HCPCS Level II, NCCI edits, modifiers, compliance, technology, practice management, and more
*CEUs available with select eNewsletters.

Other Articles in this issue of

Home Health & Hospice Week

View All