Industry Bulletins | November 25, 2020
LHC Group To Acquire East Valley Hospice & East Valley Palliative Care In Arizona
LHC Group, Inc. agreed to purchase East Valley Hospice and East Valley Palliative Care in Mesa, Arizona. The agreement is expected to close on January 1, 2021, subject to customary closing conditions. Financial terms of the acquisition were not disclosed. The provider organizations will continue to operate under their existing names.
This acquisition expands LHC Group’s scope of services in the Phoenix market, and aligns the company with its co-location growth strategy to provide multiple in-home health care services in markets where there is a need and established, sensible benchmarks are met. LHC Group expects annualized revenue . . .