LHC Group (LHCG) Tops Q4 EPS by 7c; Guides FY16 EPS Below Views

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LHC Group Announces Fourth Quarter EPS of $0.44 and 17.8% Growth in Adjusted EPS to $0.53

March 2, 2016 4:30 PM EST

LAFAYETTE, La., March 02, 2016 (GLOBE NEWSWIRE) -- LHC Group, Inc. (NASDAQ: LHCG), a national provider of home health, hospice, community-based and comprehensive post-acute healthcare services, today announced its financial results for the three months and year ended December 31, 2015.

Financial Results for the Fourth Quarter

Net service revenue increased 13.2% to $219.0 million for the fourth quarter of 2015 compared with $193.4 million for the fourth quarter of 2014.Net income attributable to LHC Group for the fourth quarter of 2015 was $7.7 million, or $0.44 per diluted share, compared with... More

LHC Group Acquires Heartlite Hospice

March 2, 2016 11:50 AM EST

LAFAYETTE, La., March 02, 2016 (GLOBE NEWSWIRE) -- LHC Group, Inc. (NASDAQ: LHCG), a national provider of home health, hospice, community-based and comprehensive post-acute healthcare services, today announced that it has acquired the assets of Heartlite Hospice, a subsidiary of Hospice of America, Inc. Heartlite Hospice has four locations, two located in the Certificate of Need state of Alabama and two located in Georgia.

Heartlites licensed hospice service area covers eight counties in Alabama and 29 counties in Georgia, including 19 counties in which LHC is licensed for home health. The estimated... More