Medicare Cuts Drive Amedisys Q2 Profits Down

Amedisys, Inc. (NASDAQ: AMED), provider of home health and hospice care, suffered a 65.8% decline in earnings per share (EPS), during the second quarter of 2012 due to large cuts in Medicare reimbursements and the implementation of Medicare’s face-to-face law, according the company’s second quarter financial report. Despite decline to an EPS of 27 cents, the company […]