LAFAYETTE, La., March 1, 2011 (GLOBE NEWSWIRE) -- LHC Group, Inc. (NASDAQ:LHCG), a national provider of home health and hospice, has been making significant strides in its financial performance. The company recently announced its financial results for the three months and twelve months ended December 31, 2017, showcasing impressive growth and positioning itself as a leader in the healthcare industry.
LHC Group reported net service revenue of $1.86 billion for the twelve months ended December 31, 2017, representing a 12.6% increase compared to the previous year. The company's net income attributable to LHC Group for the same period was $60.1 million, an increase of 11.4% from the prior year. These positive financial results reflect LHC Group's commitment to delivering high-quality care and its ability to adapt to the changing healthcare landscape.
One of the key factors contributing to LHC Group's success is its national platform, which enables greater service and continuity across the continuum of care. By providing a comprehensive suite of services, including home health, hospice, and community-based services, LHC Group is well-positioned to lead the transition to value-based care. This integrated approach not only improves patient outcomes but also enhances cost efficiencies, making LHC Group an attractive choice for investors.