LHC Group announces agreement to purchase hospice and palliative care providers in Arizona; Finalizes Texas joint venture expansion with CHRISTUS Health
LHC Group, Inc. (NASDAQ: LHCG) announced today that it has agreed to purchase East Valley Hospice and East Valley Palliative Care in Mesa, Arizona. The agreement is expected to close on January 1, 2021, subject to customary closing conditions.
LHC Group expects annualized revenue from this purchase of approximately $4.8 million and that it will not materially affect its 2020 diluted earnings per share. Both providers will continue to operate under the East Valley...