LHC Group (Nasdaq: LHCG) and Almost Family have now officially become the second-largest U.S. home health provider. The combined company is moving forward on a plan to be a “house of brands” offering a full continuum of home health, personal care and hospice services in hundreds of markets across the country.
In November 2017, the two companies announced their plans to merge in an all-stock transaction with an implied value of $2.4 billion. On April 1, that merger officially closed, following “overwhelming” approval by shareholders at two special meetings, Lafayette, Louisiana-based LHC Group announced in a press release.
Read more here… Home Health Care News.