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LHC Group and CHRISTUS Health Finalize Joint Venture Agreement
[September 01, 2017]

LHC Group and CHRISTUS Health Finalize Joint Venture Agreement


Effective Sept. 1, LHC Group (NASDAQ: LHCG) and CHRISTUS Health have finalized the formation of a joint venture partnership to enhance home health, hospice, community-based and long-term acute-care services across four states - Louisiana, Texas, Arkansas, and Georgia. The joint venture includes 21 service locations of CHRISTUS Health, including: seven home health agencies, five hospice programs, two community-based home care services, one inpatient hospice unit, and six long-term acute-care hospitals (LTACH).

LHC Group has purchased majority ownership of CHRISTUS Health's home care and hospice services and the LTACH facilities and is assuming management responsibility. The facilities will continue to operate under their existing names.

Based in Irving, Texas, CHRISTUS Health is an international Catholic, faith-based, not-for-profit health system. The organization operates more than 600 services and facilities, including more than 60 hospitals and long-term care facilities, more than 400 clinics and outpatient centers, and dozens of other health ministries and ventures.

LHC Group is a national provider of postacute care services and the joint venture partner of choice for 75 health systems consisting of more than 200 hospitals across the United States.

Hospital and home health partnerships focused on delivering patient-centered care in the comfort of the patient's home are increasingly a key component in helping patients manage their conditions and achieve the best possible health.

About LHC Group, Inc.


LHC Group, Inc. is a national provider of post-acute healthcare services, providing quality, cost-effective healthcare to patients primarily within the comfort and privacy of their home or place of residence. LHC Group provides a comprehensive array of healthcare services through home health, hospice, community-based services agencies and facility-based services. LHC Group operates 305 home health services locations, 73 hospice locations, 11 community-based service locations and six long-term acute care hospitals (LTACHs) with eight locations.

About CHRISTUS Health

CHRISTUS Health, an international Catholic, faith-based, not-for-profit health system, is headquartered in the Dallas area and is comprised of more than 400 services and facilities, including more than 60 hospitals and long-term care facilities, 175 clinics and outpatient centers and dozens of other health ministries and ventures. CHRISTUS services can be found in 60 cities in the U.S., Mexico, Chile and Colombia. The system employs approximately 45,000 Associates and has over 15,000 physicians on facility medical staffs who provide care and support for patients.


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