Segment Information

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company's reporting segments include (1) home health services, (2) hospice services, (3) home and community-based services, (4) facility-based services and (5) healthcare innovations (“HCI”).  The accounting policies of the segments are the same as those described in the summary of significant accounting policies, as described in Note 2 to the Consolidated Financial Statements included in this Annual Report on Form 10-K.

Reportable segments have been identified based upon how management has organized the business by services provided to customers and how the chief operating decision maker manages the business and allocates resources, consistent with the criteria in ASC 280, Segment Reporting.

The following tables summarize the Company’s segment information for the twelve months ended December 31, 2021, 2020 and 2019 (amounts in thousands):

	Year Ended December 31, 2021
	Home Health		Hospice		Home and Community-Based		Facility-Based		HCI		Total
Net service revenue	$	1,551,542	$	311,218	$	189,561	$	132,098	$	35,203	$	2,219,622
Cost of service revenue (excluding depreciation and amortization)	901,685		194,895		137,852		89,270		12,907		1,336,609
General and administrative expenses	501,132		89,693		46,724		45,304		13,582		696,435
Impairment of intangibles and other	937		—		—		—		—		937
Operating income (loss)	147,788		26,630		4,985		(2,476)		8,714		185,641
Interest expense	(3,103)		(529)		(413)		(208)		(85)		(4,338)
Income (loss) before income taxes and noncontrolling interests	144,685		26,101		4,572		(2,684)		8,629		181,303
Income tax expense (benefit)	30,089		5,344		1,069		(919)		2,104		37,687
Net income (loss)	114,596		20,757		3,503		(1,765)		6,525		143,616
Less net income (loss) attributable to noncontrolling interests	22,060		4,297		467		1,105		(41)		27,888
Net income (loss) attributable to LHC Group, Inc.’s common stockholders	$	92,536	$	16,460	$	3,036	$	(2,870)	$	6,566	$	115,728
Total assets	$	1,719,403	$	786,671	$	239,314	$	85,005	$	65,228	$	2,895,621

	Year Ended December 31, 2020
	Home Health		Hospice		Home and Community-Based		Facility-Based		HCI		Total
Net service revenue	$	1,463,779	$	243,806	$	194,584	$	128,578	$	32,457	$	2,063,204

Cost of service revenue (excluding depreciation and amortization)	848,663		150,675		150,378		85,827		14,860		1,250,403
General and administrative expenses	464,568		66,454		45,443		43,435		12,947		632,847
Impairment of intangibles and other	1,249		600		—		—		—		1,849
Operating income (loss)	149,299		26,077		(1,237)		(684)		4,650		178,105
Interest expense	(2,856)		(469)		(390)		(297)		(117)		(4,129)
Income (loss) before income taxes and noncontrolling interests	146,443		25,608		(1,627)		(981)		4,533		173,976
Income tax expense (benefit)	30,435		4,925		(357)		(185)		1,225		36,043
Net income (loss)	116,008		20,683		(1,270)		(796)		3,308		137,933
Less net income (loss) attributable to noncontrolling interests	20,525		4,822		(171)		1,193		(32)		26,337
Net income (loss) attributable to LHC Group, Inc.’s common stockholders	$	95,483	$	15,861	$	(1,099)	$	(1,989)	$	3,340	$	111,596
Total assets	$	1,741,044	$	301,475	$	263,708	$	103,401	$	73,726	$	2,483,354

	Year Ended December 31, 2019
	Home Health		Hospice		Home and Community-Based		Facility-Based		HCI		Total
Net service revenue	$	1,503,393	$	226,922	$	208,455	$	111,809	$	29,662	$	2,080,241
Cost of service revenue (excluding depreciation and amortization)	939,035		140,177		157,817		73,274		14,584		1,324,887
General and administrative expenses	437,276		61,190		44,025		38,358		15,157		596,006
Impairment of intangibles and other	7,443		291		—		—		—		7,734
Operating income (loss)	119,639		25,264		6,613		177		(79)		151,614
Interest expense	(7,762)		(1,269)		(1,112)		(678)		(334)		(11,155)
Income (loss) before income taxes and noncontrolling interests	111,877		23,995		5,501		(501)		(413)		140,459
Income tax expense (benefit)	21,147		4,353		1,394		(204)		(83)		26,607
Net income (loss)	90,730		19,642		4,107		(297)		(330)		113,852
Less net income (loss) attributable to noncontrolling interests	14,651		3,979		(906)		435		(33)		18,126
Net income (loss) attributable to LHC Group, Inc.’s common stockholders	$	76,079	$	15,663	$	5,013	$	(732)	$	(297)	$	95,726
Total assets	$	1,486,012	$	244,105	$	249,524	$	91,337	$	69,317	$	2,140,295