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EX-99.1 - PRESS RELEASE - LHC Group, Incnewsrelease.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


CURRENT REPORT

Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 6, 2011  


LHC Group
(Exact name of registrant as specified in its charter)


Delaware
 
8082
 
71-0918189
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification No.)


 
420 West Pinhook Rd., Suite A, Lafayette, LA
 
70503
 
  (Address of principal executive offices)   (Zip Code)  

Registrant's telephone number, including area code:   (337) 233-1307



N/A
(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    [    ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    [    ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    [    ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    [    ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On April 6, 2011, LHC Group, Inc. (the "Company"), a national provider of home health and hospice services, announced that it has entered into a home health and hospice joint venture with Helen Keller Hospital located in Muscle Shoals, Alabama, to provide home health and hospice services.

The primary service area of this joint venture spans six counties in the Certificate of Need (CON) state of Alabama, with an estimated population of approximately 260,000 and almost 16% over the age of 65. Annual net revenue for this joint venture is approximately $3.0 million. This agency will operate under the name of Keller Home Care and Keller Hospice.

LHC Group also announced today that it has acquired 100% of the assets of Community Loving Care Hospice with two locations in Missouri. The primary service area of this acquisition covers 11 counties in the state of Missouri, with an estimated population of approximately 1.6 million and almost 14% over the age of 65. Community Loving Care Hospice has two agencies located in Wentzville and Bowling Green, Missouri, with combined annual net revenues of approximately $3.5 million. These locations will continue to operate under the name of Community Loving Care Hospice.

Certain matters discussed in this Current Report on Form 8-K constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements about the impact of the acquisition on LHC Group's earnings. Forward-looking statements involve a number of risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such forward-looking statements, including changes in reimbursement, changes in government regulations, changes in relationships with referral sources, increased competition for LHC Group's services, increased competition for joint venture and acquisition candidates, changes in the interpretation of government regulations, and other risks set forth in Item 1A. Risk Factors in LHC Group's Annual Report on Form 10-K for the year ended December 31, 2010, filed with the Securities and Exchange Commission. LHC Group undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

EXHIBIT NO. DESCRIPTION

99.1 Press Release dated April 6, 2011


SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    LHC Group
(Registrant)

April 6, 2011
(Date)
  /s/   PETER J. ROMAN
Peter J. Roman
Executive Vice President and Chief Financial Officer



INDEX TO EXHIBITS

EXHIBIT NO. DESCRIPTION

99.1 Press Release dated April 6, 2011