Amedisys, Inc. (NASDAQ: AMED), one of America's leading home health and
hospice nursing companies, today announced that it has acquired a
hospice business with nine locations in South Carolina and one location
in Mississippi. This acquisition, which represents Amedisys’ entry into
the hospice business in both South Carolina and Mississippi, will allow
Amedisys to provide coverage to the entire state of South Carolina and
to 17 counties in Mississippi. The business operates as Winyah Community
Hospice Care in South Carolina and Allcare Hospice in Mississippi. The
agencies had annualized revenue of approximately $17 million, but are
not expected to add materially to Amedisys earnings in 2009.
“This acquisition highlights our business strategy of strategically
growing our hospice business, especially in markets that overlap with
our home health business. We strongly believe in the benefits that
hospice care provides to those patients in their last months of life and
we will continue to selectively expand this business over time”, stated
William F. Borne, Chief Executive Officer of Amedisys, Inc.
Amedisys, Inc. is headquartered in Baton Rouge, Louisiana.