Amedisys Names Innovations Exec to Advance Aging in Place Strategy

Amedisys (Nasdaq: AMED) has a new point person to help drive its innovation efforts and advance its aging-in-place strategy. After most recently serving in various capacities at the Advisory Board Company, health care veteran Sandra Schrauf joined Amedisys at the beginning of March as its senior vice president of innovations. The position is a new […]

Home Health Stocks See Up-and-Down February

Home health stocks saw mixed success in February, according to the latest Home Health Index (HHI) from mergers-and-acquisitions advisory firm Stoneridge Partners. The up-and-down February follows a largely positive January. Updated monthly, the HHI by Stoneridge Partners tracks the market values for Amedisys Inc. (Nasdaq: AMED) and LHC Group Inc. (Nasdaq: LHCG). Overall, the HHI […]

Amedisys Caps Off Aquisition-Filled Year, Increases Home Health Volume 6%

Amedisys Inc. (Nasdaq: AMED) beat Wall Street expectations for the fourth quarter of 2018, a fitting end to what was an overwhelmingly positive year for the Baton Rouge, Louisiana-based home health company. More than four years removed from when its turnaround efforts began, the once-struggling Amedisys is now focused on growing its hospice and personal […]

Aveanna to Acquire Home Health Business, Amedisys Continues Hospice Push

Aveanna Healthcare to acquire Maxim’s home health care division Atlanta-based Aveanna Healthcare has entered into a definitive agreement to acquire the home health care division of Maxim Healthcare Services. Financial terms of the transaction — expected to close in the second quarter of 2019 — were not disclosed. Privately-owned Aveanna Healthcare is made up of […]

Amedisys Fine Tuning Predictive Analytics Tool to Curb Re-Hospitalization Rates

Amedisys Inc. (Nasdaq: AMED) took its first major step into the world of predictive analytics in August when it announced a minority investment in home health-focused data science firm Medalogix. The Baton Rouge, Louisiana-based company has now started to reap the rewards of that investment. During the past few months, Amedisys has been fine-tuning its […]

Amedisys Closes $340M Compassionate Care Hospice Deal, Begins Integration

Amedisys Inc. (Nasdaq: AMED) — already one of the country’s largest independent home health providers — has closed on its $340 million acquisition of Compassionate Care Hospice. In doing so, the Baton Rouge, Louisiana-based company in one fell swoop dramatically expands its end-of-life care presence and becomes the third-largest hospice provider in the U.S. as […]

Amedisys CEO: Financial Risk, Tech Innovation, PDGM Top of Mind for 2019

Baton Rouge, Louisiana-based Amedisys Inc. (Nasdaq: AMED), one of the largest independent home health care companies in the country, had a successful 2018 and is looking to maintain the momentum in the year ahead. The company’s ambitions include a heightened focus on risk-taking arrangements with payers and building on the tech investment it made in […]

Amedisys, LHC Group Stocks Hit by December Downturn

December 2018 was the worst December for stock values since the Great Depression era. The two biggest publicly traded home health companies in the U.S. — Amedisys Inc. (Nasdaq: AMED) and LHC Group Inc. (Nasdaq: LHCG) — saw a market dip in stock values as well. That’s according to M&A advisory firm Stoneridge Partners’ latest […]

The Top Trends in Home Health Care for 2019

2018 was a banner year for the Medicare-certified home health care industry. Big providers got even larger through creative mergers and acquisitions. Admissions and utilization numbers held strong. New telehealth opportunities started to emerge. And, in general, revenues remained high. The upcoming year brings much uncertainty, however, with the main culprit being the Patient-Driven Groupings […]

Home Health Executive Forecast for 2019: Obamacare, Consolidation and PDGM

From the introduction of the Patient-Driven Groupings Model (PDGM) to fine-tuning the nine-state Value-Based Purchasing Model (VBPM), 2018 was an important year for home health care at large. Next year will bring its own set of challenges and opportunities — some new and others old. Home health industry insiders and top executives expect Texas’ recent […]