Industry Bulletins | September 15, 2021
LHC Group To Acquire HCA Healthcare & Brookdale Senior Living Home Health & Hospice Assets In 22 States
LHC Group, Inc. entered an agreement to purchase Brookdale Health Care Services agencies from the recently formed home health, hospice and outpatient therapy venture between HCA Healthcare and Brookdale Senior Living Inc. The agencies, which are not in areas served by HCA Healthcare, include 23 home health locations, 11 hospice, and 13 therapy agencies across 22 states. The agencies will continue to operate under their existing brands and locations.
Financial terms of the acquisition were not reported. It is anticipated that the purchase will be finalized in the fourth quarter of 2021, subject to customary closing conditions. LHC Group expects . . .