Home Health & Hospice Week
Industry Note:
LTC Co.'s Home Care Biz Grows Through Acquisitions
Published on Fri Feb 17, 2012
Acquisitions have helped grow the home health and hospice business of long-term care company Skilled Healthcare Group Inc., the Foothill Ranch, Calif.-based company says in its latest earnings release. SHG's home health and hospice revenues grew from $18.7 million in the fourth quarter of 2010 to $24.9 million in the fourth quarter of 2011, the company says. Average daily hospice census grew to 1,330 for the three months ended Dec. 31, 2011 from 992 in the year-ago quarter. The business line made up 11.6 percent of SHG's total revenue for the latest quarter, compared to 8.5 percent for the same time period in 2010, the company says.
Other Articles in this issue of
Home Health & Hospice Week
- Audits:
RACs Drop Audit Bomb On HHAs
High therapy, multiple recerts top RAC's hit list. After a lengthy delay, Medicare's bounty hunters [...] - Contractors:
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Consider serious therapy changes. If you haven't received an audit request from your Recovery Audit [...] - Budget:
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LTC Co.'s Home Care Biz Grows Through Acquisitions
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