NewsChannel5.com | Nashville News, Weather & SportsLHC Group announces another acquisition

LHC Group announces another acquisition

Associated Press - February 8, 2010 10:35 AM ET

LAFAYETTE, La. (AP) - Home health provider LHC Group Inc. has agreed to acquire the assets of Hutcheson Home Health in Fort Oglethorpe, Ga.

Terms were not revealed Monday. Lafayette-based LHC Group said the agency has about $3.5 million in annual revenue and serves a population of about 322,000, with about 12 percent of those over the age of 65.

LHC Group also said Monday that it has entered into joint venture for home health services with Hardin Medical Center, a 58-bed hospital in Savannah, Tenn. The service area has a population of 104,000 with about 17 percent over the age of 65.

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