Business Briefs: HealthSouth, Amedisys

HealthSouth Increases Credit Revolver HealthSouth Corporation (NYSE: HLS) has amended the credit agreement governing its senior secured credit facility, increasing its revolver to $700 million from $600 million. HealthSouth is one of the nation’s largest post-acute care providers, offering both facility- and home-based services in 36 states and Puerto Rico through inpatient rehabilitation hospitals, home […]

Amedisys Continues Personal Care Growth in Massachusetts

Amedisys Inc. (Nasdaq: AMED) has made yet another acquisition in the private pay arena. The company’s subsidiary, Associated Home Care, has entered into an agreement to acquire Intercity Home Care, a Malden, Massachusetts-based personal care provider. The transaction is expected to close on October 1 and will bring Amedisys’ total client count in Massachusetts to […]