Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.
On August 1, LHC Group releases figures for Q2. In terms of EPS, 9 analysts are predicting earnings of $0.794 per share compared to earnings of $0.630 per share in the same quarter of the previous year. Wall Street is expecting the company to report $509.2 million, an increase of 95.68% over the prior year quarter.
On July 31, Amedisys will be reporting latest earnings. In terms of EPS, 11 analysts are predicting earnings of $0.780 per share compared to earnings of $0.620 per share in the same quarter of the previous year. Wall Street analysts are expecting sales to increase 6.67% compared to the prior year quarter. The company is expected to report $404.1 million.
BAYADA Home Health Care has named Jennifer Scoggins the new director of its Bennington office. Scoggins, a resident of Shaftsbury, started working for the organization as a physical therapist in 2014, after filling the same role at Southwest Vermont Medical Center from 2010 to 2014. "I came to BAYADA for its welcoming work environment and for the work-life balance," she said. "What I have discovered is BAYADA is also fully committed to start-to-finish patient care. I am proud to work for a company with such a well-rounded business practice."
Shareholders of Quality Care Properties Inc. on Wednesday morning approved a $3.3 billion deal whereby the Maryland-based real estate investment trust and its prize asset, HCR ManorCare, will be acquired by Welltower Inc. and ProMedica. The decision was announced following a special shareholders meeting held at Quality Care Properties headquarters in Bethesda, Md. “We thank our stockholders for their support and look forward to completing the merger,” Mark Ordan, QCP’s chief executive officer, said in a statement following the meeting. A total of 76,429,143 votes were cast in favor of the deal, 2,895,332 against it, and 885,264 were abstentions.