Home Health & Hospice Week

Industry Notes

LHC Group Inc. saw positive earnings in the latest quarter. The Lafayette, La.-based chain reported revenues of $145.9 million for the quarter ended March 31 compared to $124.5 million in the year-ago quarter. Net income rose modestly from $15.1 million to $15.8 million during that time period,LHC says.

LHC's patient outcome scores rose in all 12 publicly reported outcomes on Home Health Compare, it says in a release. CEO Keith Myers also predicted "more certainty in regards to the long term reimbursement environment," thanks to enactment of the health care reform law. That stability will fuel industry consolidation, he expected.

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