Industry Note:
National Chain To Increase Hospice Business By About 60% With Southern Acquisition
Published on Fri Sep 11, 2015
LHC Group Inc. has agreed to buy Halcyon Hospice LLC for about $58.5 million in cash, the Lafayette, La.-based chain says in a release. Cumming, Ga.-based Halcyon operates 16 locations across Georgia, South Carolina and Miss-issippi, including two inpatient facilities, and has about 400 employees and $41 million in annual revenue. The acquisition will boost LHC’s hospice line to 53 [...]