Home Health & Hospice Weekly News Roundup

Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.

Growth Stock With Analysts Upside: LHC Group, Inc. (NASDAQ:LHCG) Expected to Grow 6.13%

The sell-side on Wall Steet is predicting LHC Group, Inc. (NASDAQ:LHCG) to grow at an accelerated rate over the next five years. Sell-side analysts are looking for the company to grow 6.13% over the next year and 13.93% over the next five years. Most investors are aware that not all stocks will be performing well at the same time. Different stocks may have alternate reactions to various economic factors, world events, and business happenings. When one stock is up, another one might be on the way down. Keeping the portfolio full of names from different sectors can help offset imbalances when one stock or sector may be performing poorly while another stock or sector is doing well. Diversification is typically recommended with all types of investing. Many factors may come into play when trying to pick the right stocks to own. Investors may want to figure out how much they are willing to risk, and what kinds of returns they are looking for. Many beginner investors may not be comfortable picking stocks on their own. Seeking professional advice may be one avenue to pursue, but it is usually a good idea to know exactly what holdings are in the portfolio at all times, as markets can move quickly and without notice. LHC Group, Inc. (NASDAQ:LHCG)’s trailing 12- months EPS is 2.49. Last year, their EPS growth was 13.80% and their EPS growth over the past five years was 11.90%.

Breakout Watch: Hospice Care Stock LHC Group Testing New Buy Point

Since hitting a low in November 2011, hospice care leader LHC Group (LHCG) soared as much as 897% through the beginning of July. As it joins the IBD Breakout Stocks Index, can LHC keep adding to that climb with a healthy new breakout? With a 95 Composite Rating, the Lafayette, La.-based company holds the No. 1 spot among its outpatient and in-home care peers. However, the hospice care and related services industry group ranks a lowly, but rising No. 128 among the 197 groups IBD tracks.

Nursing Home Staffing Levels Often Fall Below CMS Expectations

Nursing home staffing levels are often lower than what facilities report, which could compromise care quality, new research shows. Self-reported direct staffing time per resident was higher than the CMS' payroll-based metrics 70% of the time, according to a new study published in Health Affairs. Staffing levels were significantly lower during the weekends, particularly for registered nurses. Staffing is one of the most important measures of nursing home quality, and it accounts for about two-thirds of a facility's spending on average, said David Grabowski, a co-author and healthcare policy professor at Harvard Medical School.

Virtual Reality Company Rendever Making Jump to In-Home Care

So far, virtual reality company Rendever has largely used its technology to reduce the social isolation of older adults living in senior living communities throughout the U.S. Teaming up with in-home care providers, however, may be the key to the company’s future, according to co-founder and CEO Kyle Rand. Overall, Rendever works with more than 100 senior living communities, recently expanding its footprint to Canada and Australia. Its list of past and present clients includes Benchmark Senior Living’s Norwood, Massachusetts, community, where Rendever helped residents experience the New England Patriot’s 2019 Super Bowl parade. It also includes Maplewood Senior living, which has brought Rendever into more than a dozen of its assisted living sites.