Amedisys Implements Aggressive Plan for Retention, Hospice Growth

Amedisys, Inc. (Nasdaq: AMED) is riding into the end of 2017 with a mission to grow its clinical and business development staff, as well as strengthen its stake in the hospice sector. While the third quarter saw several challenges—both on a personal front, as well as with industrywide woes concerning the Centers for Medicaid and […]

Scott Ginn Takes CFO Role at Amedisys

Amedisys, Inc. (Nasdaq: AMED) has named Scott Ginn as chief financial officer, the Baton Rouge-based home health care provider announced Friday. Gary D. Willis resigned his position as CFO and accessed an executive vice president and CFO position with another health care company, according to Amedisys. “Scott recently served as our chief accounting officer, and […]

Must-Read News: Hurricane Irma Hits Hard

Welcome back to another week, Home Health Care News readers. Catch up with our must-read news before diving into your Monday. Keep reading to see our top stories from last week. Over the weekend, the biggest news around the country was Hurricane Irma, which slammed into Florida. Read our coverage here. Around the Web  Texas […]

Amedisys Continues Personal Care Growth in Massachusetts

Amedisys Inc. (Nasdaq: AMED) has made yet another acquisition in the private pay arena. The company’s subsidiary, Associated Home Care, has entered into an agreement to acquire Intercity Home Care, a Malden, Massachusetts-based personal care provider. The transaction is expected to close on October 1 and will bring Amedisys’ total client count in Massachusetts to […]

5 Ways Amedisys Reduces Rehospitalization Rates

As value-based purchasing makes relationships between home health care agencies and hospitals more important than ever, one home health provider is taking a closer look at how to reduce rehospitalization rates. The new outcomes-driven model penalizes hospitals for high levels of readmission, causing them to look at their health care partners with a more critical […]

Amedisys CEO: Groupings Model ‘Not Over Until It’s Over’

Public home health care companies saw immediate effects from a July 25 proposal by the Centers for Medicare & Medicaid Services (CMS) to overhaul the Medicare home health payment system. Along with a marginal reduction in reimbursement payments for 2018, the proposal also included the home health groupings model (HHGM)—a model home health care companies see […]

Amedisys Settles with Investors for $43.8 Million

Amedisys Inc. (Nasdaq: AMED), one of the nation’s largest home health care providers, agreed to pay investors $43.75 million to settle a class action lawsuit in an agreement reached on June 12, 2017, according to a filing with the Securities and Exchange Commission (SEC). Amedisys investors filed a class action lawsuit after claiming company executives covered up a […]

Home Health Joint Ventures Lead to Stock Rally in May

Home health companies once again saw market gains in May, according to the latest Home Health Index tracked by Stoneridge Partners. The home health index, which tracks the stock prices of Amedisys (Nasdaq: AMED), Almost Family (Nasdaq: AFAM) and LHC Group (Nadaq: LHCG), rose 9.1% in May from the previous month. Year to date, the […]

Amedisys Seeks ‘Transformative’ Hospice Deal and Bigger Risks

Amedisys Inc. (Nasdaq: AMED), one of the nation’s largest home health care providers, is setting its sights on a big deal in the hospice space according to CEO Paul Kusserow. After seeing strong gains in its hospice segment during the first quarter of the year, Baton Rouge-based Amedisys is hoping to find a bigger deal this year. “We’re hopeful […]

Monday Briefing: Bayada in Transition

It feels like summertime here in our home base of Chicago. To kick off another gorgeous-looking week, take a minute to read our Monday Briefing and stay up to date on the latest news in the industry. Last week, HHCN caught up with Mark Baiada, president and founder of Bayada Home Health Care, to hear […]