The Acadiana Advocate: 'A huge plus for Lafayette': How LHC Group's deal with UnitedHealth could mean rapid growth
![Peter Ricchiuti](/sites/default/files/peter_ricchiuti_005-800x534.jpg)
Peter Ricchiuti, senior professor of practice and research director of the Burkenroad Reports equity research program, was interviewed by the Acadiana Advocate for a story about UnitedHealth Group’s agreement to acquire Lafayette-based home health care company LHC Group for $5.4 billion.
“I think this will end up being a huge plus for Lafayette and the workers and everything else,” Richiutti said. “You got bought out by somebody who’s really not in the business. And it’s a big company with deep pockets that will enable you to make more acquisitions. It’s like having a rich aunt — United Health Care bought them just for who they are.”
To read the story in its entirety, visit theadvocate.com:
https://www.theadvocate.com/acadiana/news/business/article_29f15ade-cdf9-11ec-8bd0-2facf218b65d.html