Amedisys Inc. (NASDAQ: AMED) wants to be on top: the biggest, the best, and the first choice for employees. To accomplish this, the Baton Rouge, Louisiana-based home health and hospice giant is focusing primarily on strong volume growth—a plan of action the company’s CEO, Paul Kusserow, believes has enormous potential. “We believe volume cures all […]
The chief compliance officer of Baton Rouge, Louisiana-based Amedisys, Inc. (NASDAQ: AMED) will take a year of paid leave beginning Aug. 1 under an employee agreement, the home and hospice company announced. No explanation was provided for Jeffrey D. Jeter’s pending departure in an SEC filing submitted earlier this month. Under the agreement, Jeter will […]
After finishing 2015 on a strong note, Amedisys, Inc. (NASDAQ: AMED) again reported strong earnings during the first three months of 2016 despite barely missing analysts’ predictions of earnings per share. The Baton Rouge, Louisiana-based home and hospice company reported adjusted net income for the first quarter of 2016 of $10.9 million, or 33 cents […]
Amedisys Welcomes Three New Board Members Amedisys Inc. (NASDAQ: AMED) appointed three new members to its Board of Directors: Jeffrey Rideout, M.C., M.A., FACP; Julie Klapstein; and Richard A. Lechleiter. The new appointees’ positions became effective April 20. Rideout is currently president and CEO of the Integrated Healthcare Association, a statewide multi-stakeholder group in California […]
A former executive of Amedisys Inc. (NASDAQ: AMED), one of the nation’s largest home health providers, has admitted to charges that he defrauded the company of more than $7.6 million. David Michael Pitts, 41, pleaded guilty Thursday to one count of wire fraud. Pitts was the vice president of tax for Baton Rouge, Louisiana-based Amedisys […]
Home Health Care News revolved around bundled payment programs this week, as a private duty provider became a partner in one and the Centers for Medicare & Medicaid Services (CMS) joint replacement bundled payment initiative went into effect. Readers also tuned in to learn about home health apps taking cues from different social media sites […]
Another of the largest home health providers is going big on data in a partnership unveiled Wednesday. Amedisys, Inc. (NASDAQ: AMED) has partnered with Strategic Healthcare Programs (SHP), a provider of health care analytics to aid in performance improvement for post-acute care providers, the companies announced. The partnership seeks to establish real-time data and benchmarking […]
This week on Home Health Care News, we took a break from March Madness to bring you the latest in the home health industry. That included a look at how “Before I Die” walls can promote palliative care, and information about a charge against a former Amedisys Inc. (Nasdaq: AMED) executive in a $7.6 million fraud […]
A former executive of one of the nation’s largest home health providers, Amedisys Inc. (Nasdaq: AMED), has been charged in connection with a scheme bilking the company out of more than $7.6 million. David Michael Pitts, 41, is charged in a Bill of Information with wire fraud related to the scheme, which is supposed to […]
One of the nation’s largest home health providers, Amedisys, Inc. (NASDAQ: AMED), hit a high note in revenue at the end of 2015, despite industry headwinds. Amedisys reported net revenue of $337.3 million for the last three months of 2015, a 12.6% jump from $300.5 million during the same time period in 2014. Net income […]
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