Housecalls Home Health and Hospice, LLC is a West Virginia company located in Parkersburg, West Virginia. Housecalls Home Health is 90{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} wholly owned by LHC Group, Inc., located in Lafayette, Louisiana, and 10{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} owned by Camden Clark Memorial Hospital, located in Parkerburg, West Virginia. The details concerning the contents of this advertisement are available for public inspection at the office of the West Virginia Health Care Authority, 100 Dee Drive, Charleston, West Virginia.
LHC Group, Inc.
Balance Sheet
HOUSECALLS HOME HEALTH AND HOSPICE, LLC
December 31, 2014
ASSETS
Current assets:
Patient accounts receivable, less allowance
for uncollectible accounts $574,269.14
Intercompany-La HealthCare Group $930,983.01
Prepaid expenses and other current assets $ 1,384.78
Total current assets $1,506,636.93
Property, building and equipment, net of depreciation $ 18,587.65
Goodwill $1,182,699.35
Intangible assets, net of accumulated amortization $ 338,000.00
Total assets $3,045,923.93
LIABILITIES AND STOCKHOLDERSá EQUITY
Current liabilities:
Accounts payable and other accrued liabilities $ 1,943.23
Salaries, wages, and benefits payable $96,110.92
Total current liabilities $98,054.15
Redeemable Non Controlling Interest $ 5,660.78
Stockholdersá equity:
Common Stock $1,250,000.00
Retained earnings $1,692,209.00
Total stockholdersá equity $2,942,209.00
Total liabilities and stockholdersá equity $3,045,923.93
LHC Group, Inc.
Statement of Income
HOUSECALLS HOME HEALTH AND HOSPICE, LLC
December 31, 2014
Net service revenue $5,587,952.18
Salaries and benefit expense 3,089,176.78
Transportation expenses 207,990.52
Supplies and services 168,621.38
General and administrative 1,009,414.04
Sales & Marketing Expense 38,053.94
Provision for bad debts 130,848.09
Depreciation and Amortization Expense 16,325.45
Shared Services 679,814.36
Total Expenses 5,340,244.56
Income (Loss) from Operations 247,707.62
Other (Income), net (473.67)
Income before Non-controlling Interest 247,233.95
Non-controlling Interest 24,723.39
Income after Non-controlling Interest $222,510.55
LHC Group, Inc.
Statement of Retained Earnings
Housecalls Home Health and Hospice, LLC
December 31, 2014
Beginning Balance $1,469,698.50
Current Year Earnings 222,510.50
Ending Balance $1,692,209.00
Apr 20