Home Health Investors Undaunted, Stocks Continue Upward March

Not much has shaken home health stocks so far in 2018 — not even the proposed Patient-Driven Groupings Model (PDGM) or the potential introduction of an updated pre-claim review initiative. Home health stocks appear to be continuing their upward march, according to the most recent update to Stoneridge Partners’ Home Health Index (HHI), updated monthly. […]

Amedisys Invests in Predictive Analytics Firm Medalogix to Drive Value-Based Strategy

Amedisys, Inc. (Nasdaq: AMED) has landed a minority stake in predictive analytics firm Medalogix. As one of the largest independent home health, hospice and personal care companies in the country, Amedisys has been actively striving to establish arrangements and partnerships with managed care organizations. Its Medalogix investment, announced on Wednesday, will advance that goal by […]

Amedisys, LHC Group, Addus Shares Rise Despite PDGM Concerns

The Centers for Medicare & Medicaid Services (CMS) last month proposed an overhaul to the current prospective payment system for the home health industry with a sweeping new model that experts say would drastically increase billing efforts and force a move away from therapy services. So far, the potential negatives of the Patient-Driven Groupings Model […]

Amedisys Preps for Payment Shifts, Acquires Personal Care Agency

Home health giant Amedisys Inc. (Nasdaq: AMED) achieved strong financial results in the second quarter of 2018 and is bullish on a variety of industry trends and shifts, including major changes related to Medicare payments and ongoing consolidation across the post-acute care continuum. The company also announced that it has acquired Bring Care Home, which […]

M&A and Finance News: Amedisys Expands Borrowing Capacity

Amedisys Announces New Senior Secured Credit Facility  Amedisys, Inc. (Nasdaq: AMED), one of the largest independent home health, hospice care and personal care companies in the country, has entered into a new secured revolving credit facility. The new credit facility more than doubles the Baton Rouge, Louisiana-based Amedisys’ borrowing capacity, increasing it from $250 million […]

Providers Side with MedPAC on Changes to Home Health Referral Rules

Hospital discharge planners should have more leeway in how they educate and inform patients about post-acute care options, perhaps making star ratings a more important part of the conversation, home health providers believe. But it’s a change that would need to be handled carefully to prevent favoritism or abuse in how referrals are made, they caution. […]

Amedisys Boosts Productivity by Slashing Turnover Rates

By focusing on quality and software improvements, Amedisys, Inc. (Nasdaq: AMED) has been able to slash turnover in recent years and, in turn, boost productivity and profitability. Three years ago, Baton Rouge, Louisiana-based Amedisys’ turnover rates were “shockingly” in the high 30% range, CEO Paul Kusserow said Wednesday afternoon at William Blair’s 38th Annual Growth Stock […]