Amedisys Inc. (Nasdaq: AMED) announced two major news items Wednesday ahead of its Thursday morning earnings call. First, there was the announcement that it would be divesting its personal care division – which did over $60 million in revenue in 2022 – to the Massachusetts-based HouseWorks. Additionally, the company announced it was partnering with BlueCross […]
Amedisys Inc. (Nasdaq: AMED) announced Wednesday that it has signed a definitive agreement to divest its personal care division to HouseWorks. As a company, Amedisys delivers a number of offerings, including home health, hospice, personal care and high-acuity care services. Home health and hospice are its two largest segments. After Wednesday’s announcement, the plan is […]
Many people still consider home health and home care as sectors completely separate from hospital-at-home care. Increasingly, however, that is not the case. As more care comes into the home, home-based care organizations are finding ways to become involved – whether through partnerships or proprietary programs. In 2023, over half of home-based care organizations plan […]
Paul Kusserow was away from his role as CEO of Amedisys Inc. (Nasdaq: AMED) for just seven months. After stepping down officially in mid-April, he was back at the helm by mid-November, after Chris Gerard – his replacement – was terminated without cause. He remained chairman during the hiatus. But now he’s back in the […]
With interest in scaled home health assets climbing among strategic buyers, few, if any, large home health companies are likely to stay independent, according to Amedisys (Nasdaq: AMED) CEO Paul Kusserow. Kusserow made these remarks at a dinner hosted by Jefferies Financial Group, according to Brian Tanquilut, equity analyst for the investment banking firm. “As […]
Home health providers have been directing ire at Medicare Advantage (MA) plans for some time over what they consider unfair rates for their services. However, especially over the last year, there’s a new target – and that’s conveners. Broadly, conveners are the middlemen between home-based care providers and MA plans. At their best, they make […]
Home health care’s 2022 was dimmed by the dark cloud of Medicare rate cuts. That cloud still hangs overhead in 2023. To weather the storm, providers are scrambling to find answers to persistent problems, namely staffing shortages. At the same time, they’re renegotiating arrangements with Medicare Advantage (MA) plans and pivoting from certain service lines […]
In his first public-facing appearance since returning to the role of CEO at Amedisys Inc. (Nasdaq: AMED), Paul Kusserow made the company’s focuses clear. In that vein, he also retired any speculation as to why he came back. “We haven’t hit and been predictable on earnings, so that’s the reason I’m back,” Kusserow said Tuesday […]
Amedisys names Scott Ginn COO Following the shocking news that Paul Kusserow would again take over the role of CEO at Amedisys Inc. (Nasdaq: AMED), the company made another move last week to fill out its executive roles. Scott Ginn – EVP and CFO at Amedisys – has also been named acting chief operating officer, […]
Two days after Amedisys (Nasdaq: AMED) announced that Chris Gerard’s tenure in its top spot would be short-lived, The Walt Disney Company (NYSE: DIS) announced the same about its then-CEO, Bob Chapek. One is a home health company, and the other is a mass media and entertainment conglomeration. But these two corporate American stories – […]
By continuing to use the site, you agree to the use of cookies. More Information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. For more information, see our cookie policy
