{"id":494814,"date":"2021-05-18T07:05:16","date_gmt":"2021-05-18T11:05:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/"},"modified":"2021-05-18T07:05:16","modified_gmt":"2021-05-18T11:05:16","slug":"lhc-group-to-purchase-hospice-care-provider-in-tucson-market","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/","title":{"rendered":"LHC Group to purchase hospice care provider in Tucson market"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">National provider expands footprint in Arizona<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LAFAYETTE, La.<\/span>, <span class=\"xn-chron\">May 18, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0LHC Group, Inc. (NASDAQ: LHCG) today announced it has agreed to purchase two Casa de la Luz provider locations in <span class=\"xn-location\">Tucson, Ariz.<\/span> The agreement is expected to close on <span class=\"xn-chron\">July 1, 2021<\/span>, subject to customary closing conditions.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/963241\/LHC_Group_Inc_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/963241\/LHC_Group_Inc_Logo.jpg\" title=\"LHC Group Logo (PRNewsfoto\/LHC Group, Inc.)\" alt=\"LHC Group Logo (PRNewsfoto\/LHC Group, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;This is an outstanding opportunity to continue the Casa legacy by offering enhanced and much-needed hospice services for patients and families in the <span class=\"xn-location\">Tucson<\/span> region,&#8221; said <span class=\"xn-person\">Keith Myers<\/span>, LHC Group chairman and CEO. &#8220;We look forward to bringing compassion and comfort, as well the high-quality level of care LHC Group is known for, to patients and their families facing tough decisions about end-of-life care.&#8221;<\/p>\n<p>This acquisition expands LHC Group&#8217;s scope of services in the <span class=\"xn-location\">Tucson<\/span> market \u2013 in alignment with its co-location growth strategy to provide multiple in-home healthcare services in certain markets. <\/p>\n<p>LHC Group expects annualized revenue from this purchase of approximately <span class=\"xn-money\">$23 million<\/span> and that it will not materially affect its 2021 diluted earnings per share. The provider will continue to operate under the Casa de la Luz name.<\/p>\n<p>LHC Group operates more than 120 hospice locations around the nation. In-home, end-of-life hospice care helps patients live comfortably and with dignity. Hospice professionals provide the emotional, spiritual, and medical support needed when patients are facing the final stages of life. Hospice care can be provided in any place a patient calls home, including nursing homes and assisted living facilities.<\/p>\n<p>\n        <b><br \/>\n          <i>About LHC Group, Inc.<br \/><\/i><br \/>\n        <\/b>LHC Group, Inc. is a national provider of in-home healthcare services and innovations for communities around the nation, offering quality, value-based healthcare to patients primarily within the comfort and privacy of their home or place of residence. The company&#8217;s 30,000 employees deliver home health, hospice, home and community based services, and facility-based care in 35 states and the <span class=\"xn-location\">District of Columbia<\/span> \u2013 reaching 60 percent of the U.S. population aged 65 and older. As the preferred joint venture partner for almost 400 leading U.S. hospitals and health systems, LHC Group works in cooperation with providers to customize each partnership and reach more patients and families with an effective and efficient model of care.<\/p>\n<p>\n        <b><br \/>\n          <i>Forward-looking Statements<br \/><\/i><br \/>\n        <\/b>Certain statements and information in this press release may be deemed to contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may include, but are not limited to, statements relating to our objectives, plans and strategies, and all statements, other than statements of historical facts, that address activities, events or developments that we intend, expect, project, believe or anticipate will or may occur in the future. These statements are often characterized by terminology such as &#8220;believe&#8221;, &#8220;hope&#8221;, &#8220;may&#8221;, &#8220;anticipate&#8221;, &#8220;should&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;will&#8221;, &#8220;expect&#8221;, &#8220;estimate&#8221;, &#8220;project&#8221;, &#8220;positioned&#8221;, &#8220;strategy&#8221; and similar expressions, and are based on assumptions and assessments made by LHC Group&#8217;s management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. Any forward-looking statements in this press release are made as of the date hereof, and LHC Group undertakes no duty to update or revise any such statements, whether as a result of new information, future events or otherwise. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties. Important factors that could cause actual results, developments, and business decisions to differ materially from forward-looking statements are described in LHC Group&#8217;s most recent Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q, including the sections entitled &#8220;Risk Factors&#8221;, as well LHC Group&#8217;s current reports on Form 8-K, filed with the Securities and Exchange Commission.<\/p>\n<div>\n<table id=\"convertedTable3a72\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Contacts:\u00a0\u00a0\u00a0\u00a0<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Investor Relations\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Media Relations<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Eric Elliott\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Mark Willis<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(337) 233-1307\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(337) 769-0673<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:Eric.Elliott@LHCgroup.com\" class=\"prnews_a\" rel=\"nofollow noopener\">Eric.Elliott@LHCgroup.com<\/a>\u00a0\u00a0\u00a0 \u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:Mark.Willis@LHCgroup.com\" class=\"prnews_a\" rel=\"nofollow noopener\">Mark.Willis@LHCgroup.com<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA80419&amp;sd=2021-05-18\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market-301292807.html\">http:\/\/www.prnewswire.com\/news-releases\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market-301292807.html<\/a><\/p>\n<p>SOURCE  LHC Group, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA80419&amp;Transmission_Id=202105180700PR_NEWS_USPR_____DA80419&amp;DateId=20210518\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>National provider expands footprint in Arizona PR Newswire LAFAYETTE, La., May 18, 2021 \/PRNewswire\/ &#8212;\u00a0LHC Group, Inc. (NASDAQ: LHCG) today announced it has agreed to purchase two Casa de la Luz provider locations in Tucson, Ariz. The agreement is expected to close on July 1, 2021, subject to customary closing conditions. &#8220;This is an outstanding opportunity to continue the Casa legacy by offering enhanced and much-needed hospice services for patients and families in the Tucson region,&#8221; said Keith Myers, LHC Group chairman and CEO. &#8220;We look forward to bringing compassion and comfort, as well the high-quality level of care LHC Group is known for, to patients and their families facing tough decisions about end-of-life care.&#8221; This acquisition expands LHC Group&#8217;s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;LHC Group to purchase hospice care provider in Tucson market&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-494814","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LHC Group to purchase hospice care provider in Tucson market - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LHC Group to purchase hospice care provider in Tucson market - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"National provider expands footprint in Arizona PR Newswire LAFAYETTE, La., May 18, 2021 \/PRNewswire\/ &#8212;\u00a0LHC Group, Inc. (NASDAQ: LHCG) today announced it has agreed to purchase two Casa de la Luz provider locations in Tucson, Ariz. The agreement is expected to close on July 1, 2021, subject to customary closing conditions. &#8220;This is an outstanding opportunity to continue the Casa legacy by offering enhanced and much-needed hospice services for patients and families in the Tucson region,&#8221; said Keith Myers, LHC Group chairman and CEO. &#8220;We look forward to bringing compassion and comfort, as well the high-quality level of care LHC Group is known for, to patients and their families facing tough decisions about end-of-life care.&#8221; This acquisition expands LHC Group&#8217;s &hellip; Continue reading &quot;LHC Group to purchase hospice care provider in Tucson market&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-18T11:05:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/963241\/LHC_Group_Inc_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"LHC Group to purchase hospice care provider in Tucson market\",\"datePublished\":\"2021-05-18T11:05:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\\\/\"},\"wordCount\":661,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/963241\\\/LHC_Group_Inc_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\\\/\",\"name\":\"LHC Group to purchase hospice care provider in Tucson market - 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(NASDAQ: LHCG) today announced it has agreed to purchase two Casa de la Luz provider locations in Tucson, Ariz. The agreement is expected to close on July 1, 2021, subject to customary closing conditions. &#8220;This is an outstanding opportunity to continue the Casa legacy by offering enhanced and much-needed hospice services for patients and families in the Tucson region,&#8221; said Keith Myers, LHC Group chairman and CEO. &#8220;We look forward to bringing compassion and comfort, as well the high-quality level of care LHC Group is known for, to patients and their families facing tough decisions about end-of-life care.&#8221; This acquisition expands LHC Group&#8217;s &hellip; Continue reading \"LHC Group to purchase hospice care provider in Tucson market\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/","og_site_name":"Market Newsdesk","article_published_time":"2021-05-18T11:05:16+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/963241\/LHC_Group_Inc_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"LHC Group to purchase hospice care provider in Tucson market","datePublished":"2021-05-18T11:05:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/"},"wordCount":661,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/963241\/LHC_Group_Inc_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/lhc-group-to-purchase-hospice-care-provider-in-tucson-market\/","name":"LHC Group to purchase hospice care provider in Tucson market - 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