LAFAYETTE, La. (AP) — Lafayette-based home health company LHC Group reported third-quarter earnings of $6.3 million, or 36 cents per share, compared to a loss of $38.0 million, or $2.08 per share.
The 2011 results included a $45 million after-tax charge related to the company’s settlement of a whistleblower lawsuit with the U.S. Department of Justice. LHC had $158.9 million in revenue, although Hurricane Isaac lowered that amount of revenue by around $571,000.
Recommended Stories
In a news release received by The Advocate (http://bitly.com/TxoLPl), Chairman and Chief Executive Officer Keith G. Myers said the company posted solid operating results despite the significant impact of Hurricane Isaac and ongoing uncertainties in the regulatory environment.
___
Information from: The Advocate, http://theadvocate.com
