The Acadiana Advocate: 'A huge plus for Lafayette': How LHC Group's deal with UnitedHealth could mean rapid growth

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