Care Advantage Names New CEO William Mayes has been named the new CEO of Care Advantage, Inc., a multi-division health care company that provides skilled clinical care for patients in their homes in 14 agencies across Virginia, The Gleaner reported. Mayes has more than 30 years of relative healthcare experience, including 20 years of home […]
One of the nation’s largest home health care providers has added another new executive to its team as the latest in a series of recent C-suite changes. Baton Rouge, Louisiana-based Amedisys Inc. (Nasdaq: AMED) has named Gary D. Willis as its new chief financial officer. He will join the company as CFO effective Jan. 3, 2017. […]
After President-elect Donald Trump secured victory in the national election, the home health industry started speculating that regulations could be pulled back. Investors seemed to take these speculations seriously, and some publicly-traded home health care companies saw their stock prices rally, along with the greater markets. The Home Health Index by Stoneridge Partners rose 2.93% during […]
Amedisys Foundation Enters New Partnership To Help Terminally Ill Patients Amedisys Foundation has partnered with Dream Foundation, the only national dream-granting organization for terminally ill adults, to help grant wishes to terminally ill patients. Through this partnership, Amedisys hospice centers will have the opportunity to grant patients’ wishes. “We’re excited to join with Dream Foundation to […]
After signaling things might not be going so well in a preliminary financial result, Amedisys Inc. (Nasdaq: AMED) added a new executive amid a mostly dismal quarterly earnings release. For the third quarter of 2016, Amedisys, the nation’s second-largest home health care provider, reported net service revenue of $361.6 million, compared to $326.4 million in 2015. […]
Following a strong earnings report for the second quarter of 2016, Amedisys Inc. (Nasdaq: AMED) has released preliminary financial results from the third quarter to warn its investors that earnings are going to miss the mark due to high costs in the quarter ended September 30. Amedisys, the nation’s second largest home health care provider, achieved planned operating […]
Always Best Care Announces New Franchise in California Non-medical in-home care provider franchise Always Best Care has opened a new franchise in Vacaville, California. The new location, which is owned and operated by local resident Rebecca Smith, will serve the Vacaville area as well as surrounding communities Fairfield, Suisun Valley, Cordelia, Green Valley and Rio Vista. […]
Procura Rebrands With New Name Global provider of technology for long-term and post-acute care, Procura Healthcare, has announced its re-brand. Along with the re-brand, the new company name will be Complia Health. In addition to its name change, the company has also adopted a new mission statement: “Enabling the Business of Caring.” The new name […]
Addus HomeCare Adds Two to Board of Directors Addus HomeCare (Nasdaq: ADUS) has named Susan T. Weaver, M.D., and Darin J. Gordon to its board of directors. Weaver serves at the CEO of C3Healthcare Rx, a health care services company, and formerly served as the chief medical officer at Blue Cross and Blue Shield of […]
For the second month in a row, the nation’s three largest publicly traded home health care companies saw their average market values drop, according to the latest Home Health Index by Stoneridge Partners. The slump comes after a four-month record breaking streak from May through August. The market values for Almost Family, Inc. (Nasdaq: AFAM), Amedisys, […]
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