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99 percent of LHC Group same store providers, excluding AFAM and recent acquisitions, have a quality rating of four stars or better.LHC Group’s latest CMS Star Ratings achievements also include: With Almost Family and recent acquisitions included, LHC Group’s combined patient satisfaction score was 3.92. In the patient satisfaction category, LHC Group same store providers, excluding Almost Family and recently acquired providers, achieved an average score of 4.11 – also the top mark among home health providers and a favorable comparison to a national average of 3.55. With Almost Family and recent acquisitions included, LHC Group’s combined quality score was 4.16. LHC Group, excluding Almost Family and other recently acquired providers, once again led the industry with an average score of 4.75 in the quality category – compared to a national industry average of 3.28.
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Jefferies analysts once again separated LHC Group’s results based on its previous standalone businesses from its pro forma star ratings based on the April 2018 acquisition of Almost Family (AFAM). “Our view is that as hospitals and physicians increase focus on performance-based reimbursements, referral flows will continue to shift toward higher quality players,” the Jefferies report said. In evaluating the latest scores, Jefferies Group LLC – a New York-based global investment bank and institutional securities firm that provides financial advisory services – stated that publicly traded providers like LHC Group “continue to deliver industry-leading quality metrics,” and that “Stars ratings performance should drive market share gains and lengthen growth runway.”
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The CMS Five-Star Quality Rating System results are released quarterly and rank providers in two categories: “Quality of Patient Care” and “Patient Satisfaction.” The system was instituted by CMS as part of its Home Health Compare website to provide a tool for consumers to use when choosing a home health care provider. LAFAYETTE, La., Ma(GLOBE NEWSWIRE) - LHC Group, Inc.’s (NASDAQ: LHCG) most recent quality and patient satisfaction ratings continue to lead the home health industry and outperform national averages – according to the latest Centers for Medicare and Medicaid Services (CMS) Five-Star Quality Rating System results released in January 2019.