LHC Group, Inc in a joint venture with Norton healthcare in Louisville, Kentucky will now share ownership of Caregivers Health Network as of September 1.
Editor's Note: This article originally appeared on LHC Group's website.
LAFAYETTE, La. (September 4, 2019) – LHC Group, Inc. (NASDAQ: LHCG) announced today that it has finalized a new joint venture (JV) agreement with Norton Healthcare in Louisville, Ky., effective Sept. 1. The two organizations will share ownership of Caregivers Health Network, a home health provider serving patients and families in Louisville and the region with high-quality affordable healthcare services in the privacy and comfort of their home.
Under the terms of the agreement, Norton Healthcare will purchase a minority interest in the agency, which will be renamed Norton Home Health. Moving forward, the agency will be integrated in accordance with LHC Group’s current JV processes and procedures.
“As citizens of the Louisville business community, we are honored and excited to join forces with Norton Healthcare, one of the region’s most recognized and respected healthcare providers,” said Keith Myers, LHC Group chairman and CEO. “The combined resources and experience of our two organizations will allow us to enhance and expand services for our patients, and continue making in-home healthcare the preferred and most efficient setting for recovery and management of health conditions.” Continue reading>>
