LHCG in 2 new agreements in Ga., purchases Col. hospice provider

• LHC Group (NASDAQ:LHCG) finalized two new JV agreements in Georgia and purchased a hospice provider in Colorado, each effective Oct. 1.
• In Gainesville, LHCG and Northeast Georgia Health System will share ownership of SunCrest Home Health, a provider serving patients and families in the surrounding region.
• In Colorado, LHCG will purchase Santa Rita Hospice in Aurora. The provider will operate under the At Home Hospice name in a shared space with At Home Healthcare, LHCG's home health provider in Aurora.
• LHCG also finalized a JV with University Health Care System to enhance home health and hospice services in that market.
LHCG expects incremental annualized revenue from this JV of ~$8.3M and will not materially affect its 2020 EPS.

https://seekingalpha.com/news/3618853-lhcg-inks-two-new-agreements-in-georgia-purchases-colorado-hospice-provider