LHC Group, LifePoint Health expand partnership with two acquisitions
LHC Group and LifePoint Health announced the continued expansion of their partnership. The companies have finalized two transactions to purchase and share ownership of home health service providers in Hickory, N.C., and Danville, Va. LHC Group and LifePoint formed a joint venture to share ownership of home health and hospice providers across LifePoint's footprint in January 2017. In less than two years, the joint venture, which started with 20 home health and 10 hospice locations, has grown to include 33 home health, 14 hospice, and one home and community based services locations. In Hickory, LHC Group and LifePoint are purchasing and sharing ownership of Guardian Health Services. LHC Group has majority ownership and will assume management responsibility of the agency, which will continue to provide service from its current location under a new name: Guardian Home Health. Guardian Home Health will be affiliated with Frye Regional Medical Center, which is part of Duke LifePoint Healthcare. In Danville, LHC Group and LifePoint Health are purchasing and sharing ownership of Commonwealth Home Health Care. LHC Group has majority ownership and will assume management responsibility of the agency, which will continue to operate at its current location under the same name. Commonwealth Home Health Care will be affiliated with Sovah Health - Danville, a LifePoint Health facility.