New Orleans

Acadiana briefs for May 15 | Business – New Orleans, Louisiana

New Orleans, Louisiana 2022-05-15 01:15:00 –

University Avenue Hotel sells for $ 2.7 million

Days Inn, just east of University Avenue Exit on Interstate Highway 10, was sold for $ 2.7 million.

The 120-room hotel at 1620 N. University Ave., which has been on the market for at least two years, was purchased by SmartVision LLC. Amine Realty in Sugar Land, TexasLand records show.

Mahunt Hospitality was the seller. Records show that the company purchased the property for $ 1.9 million in July 2017.

According to the list, the 6-acre development is in the Opportunity Zone and has recently been updated with new roofs, furniture, paints and more. It first opened in 1982.

According to its website, Amin Realty owns a hotel in the Houston area along with other hotels in Missouri and Florida.

Patient satisfaction in the LHC group is higher than the national average

LHC Group Inc. First quarter profit of $ 19.5 millionDown from $ 34.7 million reported in the first quarter of 2021.

Lafayette-based home care and hospice companies reported net income of 64 cents per share from $ 1.10 in the first quarter of 2020. Revenue adjusted for non-recurring expenses was $ 1.09 per share.

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The company generated $ 571.5 million in revenue over the period, up 8.9%.

In addition, quality and patient satisfaction scores remain higher than the national average, with the Home Health Quality Star rating improving from 4.12 in January to 4.2 last month and predicted to be 4.25 in the July 2022 CMS preview. I did. Admission has increased by 4% compared to last year.

The LHC Group’s share price fell slightly to just over $ 166 per share. Still, it has risen by about $ 10 per share since the company announced a $ 5.4 billion acquisition agreement with UnitedHealth Group on March 29.

Earlier this week, the company reported that it had completed a joint venture partnership with South Georgia-based home care provider Archbold Medical Center. This is the first move announced in March. The LHC Group’s footprint currently consists of more than 556 locations in 37 states in the United States.

Lafayette merges with two other companies to form Curana Health

Lafayette-based provider Health Services, a provider of healthcare services to the elderly living community, has collaborated with two other companies to form a new business.

According to the announcement, Curana Health is the name of a merged company located in 26 states and more than 1,000 elderly living facilities. PHS, in combination with Elite Patient Care in Austin, Texas and AllyAlign Health in Virginia, has formed a company whose mission is to improve the health, well-being and dignity of older people.

The Curana Health Medical Group has more than 400 physicians, nurse practitioners and physician assistants in skilled nursing facilities, life plan communities, life support facilities, memory care facilities for primary care, post-acute care and other clinical practice. We provide services.

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