M&A Healthcare Advisor’s latest transaction was featured in Becker’s Healthcare publication. In the article, they detail UnitedHealth Group’s recently acquired LHC Group buying the Delaware-based home health company Summit Home Care. M&A Healthcare Advisors was retained as the exclusive advisor.
Becker’s Payer Issues
By Andrew Cass
Summit Home Care operates multiple locations throughout Delaware, according to an April 19 news release from M&A Healthcare Advisors, a firm representing Summit in the transaction. The acquisition price was not disclosed in the release.
UnitedHealth Group’s $5.4 billion acquisition of Lafayette, La.-based home health firm LHC Group closed in February. LHC employs about 30,000 people, including front-line care providers and administrative and support personnel. Many of LHC’s home-health and hospice operations are owned in partnership with hospital systems across 37 states and more than 960 locations.