This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

LHC Group Management

Management criteria checks 3/4

Key information

Keith Myers

Chief executive officer

US$4.3m

Total compensation

CEO salary percentage	23.1%
CEO tenure	29.1yrs
CEO ownership	2.9%
Management average tenure	4.1yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

LHC Group GAAP EPS of $0.35 misses by $0.95, revenue of $576.2M misses by $29.82M

Aug 03

CEO Compensation Analysis

How has Keith Myers's remuneration changed compared to LHC Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2022	n/a	n/a	US$40m
Sep 30 2022	n/a	n/a	US$63m
Jun 30 2022	n/a	n/a	US$73m
Mar 31 2022	n/a	n/a	US$101m
Dec 31 2021	US$4m	US$996k	US$116m
Sep 30 2021	n/a	n/a	US$130m
Jun 30 2021	n/a	n/a	US$117m
Mar 31 2021	n/a	n/a	US$124m
Dec 31 2020	US$3m	US$996k	US$112m
Sep 30 2020	n/a	n/a	US$103m
Jun 30 2020	n/a	n/a	US$119m
Mar 31 2020	n/a	n/a	US$99m
Dec 31 2019	US$5m	US$900k	US$96m
Sep 30 2019	n/a	n/a	US$94m
Jun 30 2019	n/a	n/a	US$86m
Mar 31 2019	n/a	n/a	US$77m
Dec 31 2018	US$4m	US$750k	US$64m
Sep 30 2018	n/a	n/a	US$61m
Jun 30 2018	n/a	n/a	US$51m
Mar 31 2018	n/a	n/a	US$46m
Dec 31 2017	US$3m	US$735k	US$50m
Sep 30 2017	n/a	n/a	US$41m
Jun 30 2017	n/a	n/a	US$40m
Mar 31 2017	n/a	n/a	US$38m
Dec 31 2016	US$3m	US$700k	US$37m

Compensation vs Market: Keith's total compensation ($USD4.31M) is below average for companies of similar size in the US market ($USD8.03M).

Compensation vs Earnings: Keith's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Keith Myers (63 yo)

29.1yrs

Tenure

US$4,307,489

Compensation

Mr. Keith G. Myers has been the Co-Founder, Chairman and Chief Executive Officer of LHC Group, Inc. since 1994 and served as its President since December 31, 2019 until June 2020. Mr. Myers has been Direct...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Keith Myers	Co-Founder	29.1yrs	US$4.31m	2.91% $ 154.0m
Joshua Proffitt	President & Chief Operating Officer	2.7yrs	US$3.08m	0.38% $ 20.0m
Dale Mackel	Executive VP	2.3yrs	US$627.34k	0.058% $ 3.1m
Nicholas Gachassin	Executive VP & General Counsel	4.1yrs	US$887.44k	0.051% $ 2.7m
Bruce Greenstein	Executive VP and Chief Strategy & Innovation Officer	4.4yrs	US$2.12m	0.13% $ 7.0m
John Indest	Consultant & Independent Director	11.4yrs	US$211.28k	0.11% $ 6.0m
Kimberly Seymour	Senior VP & Chief Accounting Officer	2.7yrs	no data	0.018% $ 953.7k
Mohammad Ali	Chief Information Officer	3.2yrs	no data	no data
Marcus Macip	Executive VP & Chief Administrative Officer	no data	no data	no data
JoAnne Little	Senior VP & Chief Compliance Officer	10.1yrs	no data	no data
Mark Willis	Senior VP & Chief Communications Officer	no data	no data	no data
Melanie Kuehn	Division President of Operations – Acadia Division Home Health	no data	no data	no data

4.1yrs

Average Tenure

55yo

Average Age

Experienced Management: LHCG's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Keith Myers	Co-Founder	29.1yrs	US$4.31m	2.91% $ 154.0m
John Indest	Consultant & Independent Director	22.7yrs	US$211.28k	0.11% $ 6.0m
Ronald Nixon	Independent Director	21.6yrs	US$208.66k	0.087% $ 4.6m
Clifford Holtz	Lead Independent Director	5.3yrs	US$553.66k	0.039% $ 2.0m
Jonathan Goldberg	Independent Director	5.3yrs	US$218.66k	0.19% $ 9.8m
Tyree Wilburn	Transitional Advisory Council	3.9yrs	US$164.95k	no data
W. Reed	Independent Director	5.3yrs	US$218.78k	0.45% $ 23.7m
William Turner	Independent Director	8.5yrs	US$228.91k	0.046% $ 2.4m
Teri Fontenot	Independent Director	3.9yrs	US$225.78k	0.025% $ 1.3m
Monica Azare	Independent Director	15.3yrs	US$214.28k	0.098% $ 5.2m
Jake Delhomme	Member of Founder's Advisory Board	9.2yrs	no data	no data

8.5yrs

Average Tenure

66yo

Average Age

Experienced Board: LHCG's board of directors are considered experienced (8.5 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/02/23 07:26
End of Day Share Price	2023/02/21 00:00
Earnings	2022/12/31
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

LHC Group, Inc. is covered by 26 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kevin Campbell	Avondale Partners
Matthew Gillmor	Baird
Steven Valiquette	Barclays

This company has been acquired

LHC Group Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Insufficient new directors

Insufficient new directors

Executive VP & General Counsel recently sold US$100k worth of stock

Independent Director recently sold US$1.0m worth of stock

LHC Group, Inc., Annual General Meeting, Jun 10, 2021

Recent updates

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Insufficient new directors

Consensus EPS estimates fall by 20%

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

LHC Group, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Consensus forecasts updated

Consensus forecasts updated

LHC Group, Inc. (NasdaqGS:LHCG) announced an agreement to acquire Three Rivers Home Health Services, Inc.

Consensus EPS estimates fall by 35%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

LHC Group GAAP EPS of $0.35 misses by $0.95, revenue of $576.2M misses by $29.82M

LHC Group: UnitedHealth Merger Is Worth Playing

LHC Group, Inc. to Report Q2, 2022 Results on Aug 03, 2022

FTC second request in LHC Group/UnitedHealth said to probe pay, labor market

First quarter 2022 earnings: EPS misses analyst expectations

Insufficient new directors

LHC Group, Inc. to Report Q1, 2022 Results on May 04, 2022

Insufficient new directors

OptumHealth, Inc. entered into a definitive agreement to acquire LHC Group, Inc. (NasdaqGS:LHCG) for $5.5 billion.

OptumHealth, Inc. entered into a definitive agreement to acquire LHC Group, Inc. (NasdaqGS:LHCG) for $5.5 billion.

Full year 2021 earnings: EPS misses analyst expectations

LHC Group, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2022

Executive VP & General Counsel recently sold US$100k worth of stock

Investor sentiment improved over the past week

LHC Group, Inc. (NasdaqGS:LHCG) announces an Equity Buyback for $250 million worth of its shares.

Third quarter 2021 earnings released: EPS US$0.89 (vs US$0.47 in 3Q 2020)

Price target decreased to US$212

Price target decreased to US$222

LHC Group, Inc. (NasdaqGS:LHCG) agreed to acquire Generations Home Health.

LHC Group, Inc. (NasdaqGS:LHCG) agreed to acquire Brookdale Health Care Services Agencies in 22 states from HCA Healthcare, Inc. (NYSE:HCA) and Brookdale Senior Living Inc. (NYSE:BKD).

LHC Group, Inc. (NasdaqGS:LHCG) acquired Heart of Hospice, LLC from Evening Post Industries, Inc.

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS US$1.21 (vs US$1.44 in 2Q 2020)

LHC Group, Inc. (NasdaqGS:LHCG) completed the acquisition of Cavalier Healthcare Services Inc.

LHC Group, Inc. (NasdaqGS:LHCG) entered into an agreement to acquire Ashley County Medical Center Home Health.

Lead Independent Director Wilbert Tauzin has left the company

LHC Group, Inc. (NasdaqGS:LHCG) signed a definitive agreement to acquire Heart of Hospice, LLC from Evening Post Industries, Inc.

Independent Director recently sold US$1.0m worth of stock

LHC Group, Inc. (NasdaqGS:LHCG) entered into an agreement to acquire Heart ‘n Home Hospice & Palliative Care, LLC.

LHC Group, Inc. (NasdaqGS:LHCG) agreed to acquire two hospice care provider in Tucson from La Casa de la Raza, Inc.

LHC Group, Inc. 2021 Q1 - Results - Earnings Call Presentation

First quarter 2021 earnings released: EPS US$1.11 (vs US$0.71 in 1Q 2020)

LHC Group, Inc. Raises Revenue Guidance for the Full Year 2021

LHC Group, Inc. (NasdaqGS:LHCG), Texas Health Resources Inc. and North Texas Health Facilities Management, Inc entered into an agreement to acquire Regent Home Health.

Lhc Group and Orlando Health Expands Partnership in Florida

Revenue and earnings miss expectations

Full year 2020 earnings released: EPS US$3.59 (vs US$3.10 in FY 2019)

New 90-day low: US$188

LHC Group, Inc., Annual General Meeting, Jun 10, 2021

LHC Group, Inc. to Report Q4, 2020 Results on Feb 25, 2021

LHC Group, Inc. (NasdaqGS:LHCG) completed the acquisition of East Valley Hospice and East Valley Palliative Care.

New 90-day low: US$196

LHC Group, Inc. (NasdaqGS:LHCG) agreed to acquire Grace Hospice Of Oklahoma.

Analysts update estimates

LHC Group, Inc. (NasdaqGS:LHCG) entered into an agreement to acquire East Valley Hospice and East Valley Palliative Care.

LHC Group, Inc. 2020 Q3 - Results - Earnings Call Presentation

Revenue beats expectations, earnings disappoint

Third quarter 2020 earnings released: EPS US$0.47

LHC Group, Inc. Revises Earnings Guidance for the Full Year 2020

LHC Group, Inc. Appoints Dale G. Mackel to Serve as its Executive Vice President and Treasurer

LHC Group and CHRISTUS Health Expand Joint Venture Partnership in Texas

LHC Group, Inc. to Report Q3, 2020 Results on Nov 04, 2020

Lhc Group, Inc. Finalizes Two New Joint Venture Agreements in Georgia, Purchases Colorado Hospice Provider

LHC Group, Inc. (NasdaqGS:LHCG) completed the acquisition of unknown minority stake in Norton Healthcare, Inc.

LHC Group, Inc. (NasdaqGS:LHCG) completed the acquisition of Home Health and Home and Community Based Services from VNA of Maryland and Elite Home Care Services.

LHC Group, Inc. Provides Earnings Guidance for the Full Year 2020

LHC Group, Inc. (NasdaqGS:LHCG) completed the acquisition of stakes in two locations in Bryant, Arkansas from Saline Memorial Hospital.