LHC completes acquisition of businesses - Acadiana's Multi-Media News Station

LAFAYETTE, La. (AP) - Home health care provider LHC Group Inc. says it has completed its acquisition of the home health service line of Addus HomeCare Corp.

The deal, announced on Feb. 7 and completed Thursday, involves 19 home health agencies and two hospice agencies in five states.

Purchase price was $20 million for Addus HomeCare, based in Palatine, Ill.

Lafayette-based LHC Group now operates at more than 300 locations in 23 states.

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2/28/2013 1:06:45 PM (GMT -6:00)