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.
PRNewswire/ -- LHC Group, Inc. (NASDAQ: LHCG) recently announced its financial results for the quarter and year ended December 31, 2021. The company reported net service revenue of $2.2 billion for the year, representing a 14% increase compared to the previous year. Net income attributable to LHC Group was $77.6 million, reflecting a 29% increase from the prior year. These strong financial results demonstrate LHC Group's ability to consistently deliver solid performance.
Looking ahead, LHC Group is optimistic about its future prospects. The company has positioned itself for growth through strategic acquisitions, partnerships, and geographic expansion. LHC Group's acquisition of Almost Family, Inc. has further strengthened its market presence and expanded its reach. By leveraging its national platform and capitalizing on synergies, LHC Group is well-positioned to continue its growth trajectory.
LAFAYETTE, La., June 11, 2020 (GLOBE NEWSWIRE) -- LHC Group, Inc. (NASDAQ: LHCG) recently announced the promotion of Joshua Proffitt, highlighting the company's commitment to nurturing talent and fostering employee growth. Proffitt's promotion to a senior leadership position not only demonstrates LHC Group's internal development initiatives but also its dedication to maintaining a strong leadership team.
The positive performance of LHC Group has garnered attention from investors and analysts. With a strong financial track record, strategic initiatives, and a focus on delivering high-quality care, LHC Group's stock (NASDAQ:LHCG) has shown resilience and growth potential. As a result, many analysts predict a promising future for LHC Group's stock performance.
In conclusion, LHC Group's recent financial performance has been impressive, with consistent growth in net service revenue and net income. The company's national platform and integrated approach to healthcare services have positioned it as a leader in the industry. LHC Group's strategic initiatives, including acquisitions and partnerships, as well as its commitment to nurturing talent, further support its potential for future success. With a positive outlook and strong market position, LHC Group's stock (NASDAQ:LHCG) is expected to continue its upward trajectory.
Ticker: NASDAQ:LHCG
