LHCG - LHCG inks two new agreements in Georgia purchases Colorado hospice provider

LHC Group (LHCG) finalized two new JV agreements in Georgia and purchased a hospice provider in Colorado, each effective Oct. 1.In Gainesville, LHCG and Northeast Georgia Health System will share ownership of SunCrest Home Health, a provider serving patients and families in the surrounding region.In Colorado, LHCG will purchase Santa Rita Hospice in Aurora. The provider will operate under the At Home Hospice name in a shared space with At Home Healthcare, LHCG's home health provider in Aurora.LHCG also finalized a JV with University Health Care System to enhance home health and hospice services in that market.LHCG expects incremental annualized revenue from this JV of ~$8.3M and will not materially affect its 2020 EPS.

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LHCG inks two new agreements in Georgia, purchases Colorado hospice provider