After signaling things might not be going so well in a preliminary financial result, Amedisys Inc. (Nasdaq: AMED) added a new executive amid a mostly dismal quarterly earnings release. For the third quarter of 2016, Amedisys, the nation’s second-largest home health care provider, reported net service revenue of $361.6 million, compared to $326.4 million in 2015. […]
This week, pre-claim stepped into the spotlight once again, with Illinois lawmakers asking for a delay. On the home care side of things, a popular story involved a startup’s presence in Walmart. HHCN will be observing Columbus Day on Monday, October 10. We will return to our regular posting schedule on Tuesday, October 11. We hope you […]
Amedisys Hires New Chief Clinical Officer One of the nation’s largest home health care providers, Baton Rouge, Louisiana-based Amedisys Inc. (Nasdaq: AMED), has hired Susan Sender, RN, as chief clinical officer and senior vice president. In her new role, Sender will oversee clinical practice and quality, set and maintain clinical operations standards and develop and […]
It has been almost one month since Kindred Healthcare (NYSE: KND) entered into a $39 million agreement to acquire the in-home health care operations from the Arkansas Department of Health, and the dust has far from settled. The deal between the state and the nation’s largest home health care provider has been met with skepticism […]
Home health deals dramatically dropped off in 2015, and now the nation’s largest home health provider intends to sit on the sidelines moving forward. After reporting significant consolidation and revenue growth at the end of 2015, Kindred Healthcare Inc. (NYSE: KND) indicated it won’t make any major home health purchases in the foreseeable future. For […]
Home health services were a bright spot for Kindred Healthcare Inc. (NYSE: KND) compared to its hospital assets during the third quarter of 2015, and the major post-acute provider remains optimistic about the sector’s potential. After revising its outlook for 2015, Kindred Healthcare reported revenue struggles within its hospital division, but saw growth in its […]
Kindred Healthcare (NYSE:KND) announced today that it has signed into a definitive agreement with Dignity Health to create a joint venture to expand home health services in San Bernardino, California. “We look forward to working with Dignity Health and Community Hospital’s team of experienced healthcare professionals,” said Paul J. Diaz, chief executive officer, Kindred Healthcare, […]
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