On the Record · LHC Group
LHC Group acquisitions, on the record
The businesses LHC Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Home Health AgenciesWord for word“During 2020, we acquired 24 39 agencies, such that, as of December 31, 2020, we operated 827 locations in 35 states within the continental United States and the District of Columbia.” 10-K for 2020 | divestiture | During 2020 | — |
Almost Family, Inc.Word for word“On April 1, 2018, we completed our Merger with Almost Family, whereby Almost Family became a wholly owned subsidiary of the Company.” 10-K for 2020 | merger | On April 1, 2018 | — |
Imperium Health Management, LLC, Long Term Solutions, Inc., and certain assets operated by Advanced Care House CallsWord for word“In conjunction with the Almost Family Merger, we obtained controlling interests in (a) Imperium Health Management, LLC, an Accountable Care Organization ("ACO") enablement and management company, (b) Long Term Solutions, Inc., a provider of in-home nursing assessments for the long-term care insurance industry, and (c) certain assets operated by Advanced Care House Calls, which provides primary medical care for home-bound or home-limited patients with chronic and acute illnesses who have difficulty traveling to a doctor's office.” 10-K for 2020 | acquisition | — | — |
90 agenciesWord for word“During 2021, we acquired 90 agencies, such that, as of December 31, 2021, we operated 970 locations in 37 states within the continental United States and the District of Columbia.” 10-K for 2021 | acquisition | During 2021 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $23.2 million | — | $16.6 million |
| 2017-12-31 | $64.6 million | — | $52 million |
| 2018-12-31 | −$7.7 million | $4.2 million | $765.7 million |
| 2019-12-31 | $74.3 million | $0 | $48.5 million |
| 2020-12-31 | $24.5 million | $0 | $33.3 million |
| 2021-12-31 | $569.6 million | $1.5 million | $489.2 million |
| 2022-12-31 | $23.6 million | $0 | $19.9 million |
Deal filings since 2016
- 2023-02-22 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-03-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-11-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from LHC Group’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-02-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.