Business Services Industry
LHC Group Ranked in the Top 10 for the Second Year in a Row on Forbes List of "America's 200 Best Small Companies"
Business Wire, Oct 9, 2008
LAFAYETTE, La. -- The quote in the second graph, second sentence of release should read: We are very excited about our prospects as we work to expand our service network and continue to produce sound financial results. (sted We are very excited about our prospects as we).
The corrected release reads:
LHC GROUP RANKED IN THE TOP 10 FOR THE SECOND YEAR IN A ROW ON FORBES LIST OF "AMERICA'S 200 BEST SMALL COMPANIES"
LHC Group, Inc. (NASDAQ: LHCG), one of the largest providers of home nursing services in the United States, announced today that it has been ranked #8 on the Forbes 2008 list of "America's 200 Best Small Companies." This is the second year in a row that LHC Group has made the top 10, ranking #7 in 2007.
Keith Myers, chief executive officer of LHC Group, said, "It is a great privilege for our company to be included by Forbes in their ranking that recognizes excellence in both short- and long-term performance, and we are especially honored to be ranked in the top 10 for the second straight year. We are very excited about our prospects as we work to expand our service network and continue to produce sound financial results."
The companies designated as the "200 Best Small Companies in America" must pass through a gauntlet to qualify for the list. Forbes judged candidates - all with revenue of $5 million to $750 million and share prices above $5 as of September 29 - according to return on equity, as well as sustained sales and net profit growth over 12-month and five-year periods. The companies on the list are small but growing businesses designed to survive the ups and downs of market volatility.
About LHC Group, Inc.
LHC Group, Inc. is one of the largest providers of home nursing services in the United States providing quality cost effective healthcare services to patients within the comfort and privacy of their home or place of residence.
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by words such as "believe," "expect," "anticipate," "intend," "estimate" or similar expressions. Forward-looking statements involve a number of risks and uncertainties and there can be no assurance that any forward-looking statements will prove to be accurate. Important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include: changes in reimbursement, changes in government regulations, changes in our relationships with referral sources, increased competition for our services, increased competition for joint venture and acquisition candidates and changes in the interpretation of government regulations. LHC Group undertakes no obligation to update or revise any forward-looking statements. Further information regarding risks, uncertainties and other factors that could adversely affect LHC Group or cause actual results to differ materially from those anticipated in forward-looking statements are included in LHC Group's Form 10K for the year ended December 31, 2007, filed with the Securities and Exchange Commission.
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