LHC Group, Inc. (NASDAQ:LHCG) Q3 2019 Earnings Conference Call - Final Transcript

Nov 07, 2019 • 09:00 am ET


LHC Group, Inc. (NASDAQ:LHCG) Q3 2019 Earnings Conference Call - Final Transcript


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Ladies and gentlemen, thank you for standing by. And welcome to the LHC Group Q3 2019 Earnings Conference Call. [Operator Instructions]. I would now like to hand the conference over to your speaker today, Senior Vice President of Finance, Eric Elliott. Sir?

Eric Elliott

Thank you [Indecipherable]. I'd like to welcome everyone to LHC Group's Earnings Conference Call for the third quarter ended September 30, 2019. Everyone should have received a copy of our earnings release last night, if not, I would like to highlight that we have posted that along with some supplemental information on the quarter and year-to-date for 2019 on the Quarterly Results section of our Investor Relations page. The supplemental deck as well as a copy of the earnings release, the 10-Q, and ultimately a transcript of this call when available can be found on this page. Our supplemental deck includes all of our reconciliations and breakdown of adjustments. We will refer to these non-GAAP measures during our call today.

In a moment, we'll have some prepared comments from Keith Myers, Chairman and Chief Executive Officer; Josh Proffitt, Chief Financial Officer; and Don Stelly, President and Chief Operating Officer. Before we start, I would like to remind everyone that statements included in this conference call, in our press release, in our supplemental financial information may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These statements include but are not limited to comments regarding our financial results for 2019 and beyond. Actual results could differ materially from those projected in forward-looking statements because of a number of risk factors and uncertainties, which are discussed in our annual and quarterly SEC filings. LHC Group shall have no obligation to update the information provided on this call to reflect subsequent events.

I'm pleased to introduce the Chairman and CEO of LHC Group, Keith Myers.

Keith Myers

Thank you, Eric, and thank you, everyone, for dialing in and participating in this morning's call. Over the last 25 years, LHC Group has reached a number of significant milestones. On September 23, we hit one of our more important ones yet. We reached an average daily census of 100,000 patients.

Our 32,000 team members serving at locations throughout the nation are directly responsible for this outstanding accomplishment. It's a testament to their hard work, dedication and commitment to excellence in all that we do. Their unwavering commitment to providing the highest quality and service in our industry represents many miles, many long hours, providing care 24 hours a day, 7 days a week for the most vulnerable members of our society.

Because of the work they do each day, so many people have been loved, comforted, and provided a sense of hope and a better quality of life. It's quite a responsibility, which we feel we should be part of, and which we fully embrace as a leading national health care services organization, committed to being an indispensable assets to every community we are privileged to serve. Growing from a central act