Overview
LHC Group administers post-acute health care services through some 920 home nursing agencies, hospices, and long-term acute care hospitals (LTACH) in about 35 US states and the District of Columbia. LHC's home health nursing agencies provide care to Medicare beneficiaries, offering such services as private duty nursing, physical therapy, and medically-oriented social services. Its hospices provide palliative care for terminal patients, while its LTACHs
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Read More serve patients who no longer need intensive care but still require complex care in a hospital setting. In 2023, LHC Group was acquired by UnitedHealth Group for $5.4 billion.
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Read More serve patients who no longer need intensive care but still require complex care in a hospital setting. In 2023, LHC Group was acquired by UnitedHealth Group for $5.4 billion.
Read Less
Keith G Myers
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Home Health Care Services
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Individual and Family Services
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Ambulatory Health Care Services
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Health Care and Social Assistance
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Home health care services
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See All Industries Rehabilitation services
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Child Care Services
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Community Food and Housing, and Emergency and Other Relief Services
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Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly
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General Medical and Surgical Hospitals
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Individual and Family Services
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Medical and Diagnostic Laboratories
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Nursing Care Facilities (Skilled Nursing Facilities)
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Offices of Dentists
View more , Offices of Other Health Practitioners , Offices of Physicians , Other Ambulatory Health Care Services , Other Residential Care Facilities , Outpatient Care Centers , Psychiatric and Substance Abuse Hospitals , Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities , Specialty (except Psychiatric and Substance Abuse) Hospitals Vocational Rehabilitation Services
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View more , Offices of Other Health Practitioners , Offices of Physicians , Other Ambulatory Health Care Services , Other Residential Care Facilities , Outpatient Care Centers , Psychiatric and Substance Abuse Hospitals , Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities , Specialty (except Psychiatric and Substance Abuse) Hospitals Vocational Rehabilitation Services
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Contacts
Get in Touch with 2 Principals* and 2,327 Contacts
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Keith G MyersChairman of the Board and Chief Executive Officer
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Financial Statements
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Financial data as of ? (12 month period) in USD
Annual Revenue 2022
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USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Net Operating Cash | $50 | -$100 | $529 |
| Net Investing Cash | -$58 | -$608 | -$82 |
| Net Financing Cash | $16 | $431 | -$192 |
| Net Change in Cash | $8 | -$277 | $255 |
| Cash at Beginning of Period | $10 | $287 | $32 |
| Cash at End of Period | $18 | $10 | $287 |
| Capital Expenditure | -$20 | -$33 | -$66 |
| Assets (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $18 | $10 | $287 |
| Accounts Receivable | $313 | $349 | $301 |
| Inventories | $ | $ | $ |
| Other Current Assets | $77 | $75 | $59 |
| Asset Summary | |||
| Total Current Assets | $408 | $433 | $647 |
| Tangible Fixed Assets | $262 | $267 | $238 |
| Intangible Assets | $395 | $400 | $315 |
| Total Assets | $2,897 | $2,896 | $2,483 |
| Liabilities (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $115 | $98 | $65 |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $175 | $311 | $617 |
| Liability Summary | |||
| Total Current Liabilities | $290 | $409 | $681 |
| Long-Term Debt | $733 | $661 | $20 |
| Other Long-Term Liabilities | $ | $ | $26 |
| Total Liabilities | $1,192 | $1,226 | $851 |
| Stakeholder's Equity (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Equity | |||
| Common Stock | $0 | $0 | $0 |
| Retained Earnings | $791 | $751 | $635 |
| Equity Summary | |||
| Total Equity | $1,595 | $1,566 | $1,529 |
| Shares Outstanding | 30,595,381 | 30,634,414 | 31,139,840 |