Former Amedisys CEO Chris Gerard Named Next Leader Of TheKey

Chris Gerard, the former CEO and COO of Amedisys Inc. (Nasdaq: AMED), has found a new home. He is the next CEO of TheKey, a national home care provider.

“I’m happy to share that I’m starting a new position as Chief Executive Officer at TheKey!” Gerard wrote on LinkedIn Monday.

Delray, Florida-based TheKey provides home care, memory care and specialized care services in more than 100 markets throughout the U.S., Canada and Australia. Overall, its 10,000 caregivers care for over 100,000 seniors.

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The company was originally founded in Silicon Valley in 2002. It has gone from a single-site provider to a $750 million organization, according to the company website. Its former name was Home Care Assistance, officially becoming TheKey after a corporate rebrand at the beginning of 2022.

Tad Smith served as CEO from November 2020 up until this June.

On Gerard’s end, he served as the COO of Amedisys – one of the largest home health providers in the country – from 2016 to 2022. When former CEO Paul Kusserow retired, he was named CEO.

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His time as CEO was short lived, however. After taking over in April of 2022, Gerard left the company in November of that year after the company struggled to meet earnings expectations. Kusserow took back over the top spot at Amedisys before Richard Ashworth was later hired to succeed him.

While Amedisys is primarily a home health and hospice provider, it had a sizable personal care division for the duration of Gerard’s time there. Amedisys eventually offloaded its personal care division to HouseWorks.

No official announcement has been made yet from TheKey on Gerard’s hiring.

During his tenure as CEO of Amedisys, Gerard sat down with Home Health Care News to discuss the ways technology and automation could drive necessary efficiency in home-based care.

He also had plans to beef up employee benefit packages.

“We have taken a strong look at our benefits,” Gerard said. “And there’s a lot of supplemental things out there that we can do, such as fertility coverage, that the employees want. Longer bereavement opportunities, parental leave, things like that. Those are all things that they’re asking for and that we’re really taking a hard look at.”

While Medicare-certified home health care and private-pay home care – which TheKey offers – are very different businesses, turnover is the largest concern of most operators in both spaces.

Gerard also has experience with both.

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