LHC Group and Unity Health announced finalization of an equity partnership agreement to purchase and share ownership of two home health providers in Arkansas: Unity Health – White County Medical Center Home Health in Searcy and Unity Health – Harris Medical Center Home Health in Newport. The agencies serve patients and families in their respective communities and the Northeast Arkansas region with in-home healthcare. With the closing of the joint venture agreement, LHC Group will oversee the day-to-day operations of both agencies which will continue service from their current locations under a new name: Unity Health HomeCare. LHC Group expects annualized revenue from this joint venture of approximately $4M and that it will not materially affect its 2019 diluted earnings per share.
https://thefly.com/landingPageNews.php?id=2857259
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