Wood

LHC Group, Inc. Balance Sheet

 

Housecalls Home Health and Hospice, LLC is a West Virginia company located in Parkersburg, West Virginia. As of December 31, 2014, Housecalls Hospice was 90{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} wholly owned by LHC Group, Inc., located in Lafayette, Louisiana, and 10{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} owned by Camden Clark Memorial Hospital, located in Parkersburg, 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                          $333,646.03

Intercompany-La HealthCare Group          $450,417.70

Prepaid expenses and other current assets $   1,979.99

 

Total current assets                                       $786,043.72

 

Property, building and equipment, net of depreciation $ 20,987.84

 

Total assets                                                   $807,031.56

 

LIABILITIES AND STOCKHOLDERSá EQUITY

 

Current liabilities:

Accounts payable and other accrued liabilities $ 91,559.50

Salaries, wages, and benefits payable      $ 25,688.43

 

Total current liabilities                                    $117,247.93

Redeemable Non Controlling Interest            $   1,900.44

 

Stockholdersá equity:

Retained Earnings                                    $687,883.19

 

Total liabilities and stockholdersá equity          $807,031.56

 

LHC Group, Inc.

Income Statement

HOUSECALLS HOME HEALTH AND HOSPICE, LLC

December 31, 2014

Revenues:

Net service revenue                                    $2,063,968.85

 

Operating Expenses:

Salaries and benefit expense                        $851,573.27

Transportation expenses                                 $76,321.25

Supplies and services                                    $452,031.15

General and administrative                            $305,372.67

Sales & Marketing Expense                             $18,662.40

Provision for bad debts                                    $46,145.86

Depreciation                                                    $17,039.16

Shared Services                                            $224,237.43

 

Total Expenses                                          $1,991,383.19

Income (Loss) from Operations                        $72,585.66

Other revenue                                                ($363.79)

Income before Non-controlling Interest            $72,221.87

Non-controlling Interest                                      $7,222.19

 

Net Income                                                      $64,999.68

 

LHC Group, Inc.

Statement of Retained Earnings

Housecalls Home Health and Hospice, LLC

December 31, 2014

 

Beginning Balance                                        $622,883.49

Current Year Earnings                                    $64,999.68

Ending Balance                                           $687,883.17

 

 

Apr 20