$AMED (Amedisys Inc.)

$AMED {{ '2016-03-02T12:16:20+0000' | timeago}} • Announcement

Health and hospice company $AMED said it has closed on the acquisition of Associated Home Care for $28MM as of March 1, 2016. Associated Home Care, headquartered in North Andover, Massachusetts, cares for more than 5,000 seniors each day and has more than 1,500 employees with nine branch offices located in Massachusetts.

$AMED {{ '2017-08-31T15:10:17+0000' | timeago}} • Announcement

Healthcare company $AMED’s subsidiary, Associated Home Care, has signed a definitive agreement to acquire Intercity Home Care, a personal care provider. Under the terms of agreement, Associated Home Care will acquire substantially all of the assets of Intercity Home Care. The transaction is expected to close by Oct 1, 2017.

$AMED {{ '2017-03-31T14:33:48+0000' | timeago}} • Announcement

$AMED has agreed to acquire East Tennessee Personal Care Service, a personal care provider headquartered in Knoxville, Tennessee. The transaction is expected to close on May 1, 2017. The deal value was not disclosed.

$AMED {{ '2017-03-01T18:18:35+0000' | timeago}} • Announcement

$AMED signed a deal to buy home health and hospice operations in Arizona, Illinois, Massachusetts and Texas from $THC. Healthcare company Amedisys has announced six acquisitions since Dec. 2015, deploying about $125MM in capital.

$AMED {{ '2017-03-01T13:40:48+0000' | timeago}} • Announcement

Entering 2017, $AMED's primary goal for improvement is to return to consistent mid-single digit organic growth in home health. As a result of efforts in the last few years, $AMED has a solid and stable platform to build on, including a strong balance sheet that allows it to be opportunistic as it looks to consolidate a fragmented industry.

$AMED {{ '2017-03-01T13:39:06+0000' | timeago}} • Announcement

$AMED reported a decline in 4Q16 earnings due to higher costs and expenses as well as lower other income. Net income fell to $8.92MM or $0.26 per share from $12.91MM or $0.38 per share last year. Net service revenue grew to $366.3MM from $338.4MM. Adjusted EPS increased to $0.44 from $0.40.

$AMED {{ '2017-02-02T18:53:50+0000' | timeago}} • Announcement

$AMED said its subsidiary, Associated Home Care, has closed on its acquisition of Home Staff, LLC, a personal care provider, headquartered in Worcester, Massachusetts, from Fallon Health and VNA Care Network.

$AMED {{ '2017-01-31T16:04:05+0000' | timeago}} • Announcement

$AMED appointed David Mikula as Chief Development Officer, effective Jan. 30, 2017. Most recently, he served as SVP and COO for the Texas Region of Kindred Healthcare's hospital division.

$AMED {{ '2016-12-20T13:40:11+0000' | timeago}} • Announcement

$AMED announced that Gary D. Willis will join the company as Chief Financial Officer effective January 3, 2017, and Ronald A. LaBorde will continue in his role as Vice Chairman until his retirement on April 2, 2017.

$AMED {{ '2016-12-19T12:19:39+0000' | timeago}} • Announcement

$AMED said its subsidiary, Associated Home Care, agreed to acquire Home Staff, LLC, a personal care provider, in Worcester, Massachusetts. Under this deal, Associated Home Care will acquire substantially all of the assets of Home Staff from Fallon Health and VNA Care Network. The transaction is expected to close on Feb. 1, 2017.

$AMED {{ '2016-11-08T20:48:08+0000' | timeago}} • Announcement

$AMED appointed Christopher Gerard as COO, effective Jan. 3, 2017. Daniel McCoy will remain in this role until Jan. 3, 2017. In his new role, Gerard will be responsible for the $AMED's home health, hospice and personal care operations.

$AMED {{ '2016-10-20T17:50:35+0000' | timeago}} • Announcement

$AMED has closed on the acquisition of Garden City, New York-based Visiting Nurse Association of Long Island (VNALI). The company acquired substantially all of the assets of VNALI for $4.6MM.

$AMED {{ '2016-09-14T13:48:55+0000' | timeago}} • Announcement

Hospice care services provider $AMED has appointed Susan Sender as SVP and Chief Clinical Officer. In her new role, Ms. Sender will oversee clinical practice and quality, set and maintain clinical operations standards and develop and implement clinical programs and clinical education. She has previously worked with Kindred.

$AMED {{ '2016-09-02T11:35:32+0000' | timeago}} • Announcement

$AMED said, as of Sept. 1, 2016, it has closed on the previously announced acquisition of Professional Profiles, Inc., for $4.4MM. "This transaction solidifies our footprint in Massachusetts, building on our March acquisition of Associated Home Care, the leading personal care company in Greater Boston," said President and CEO Paul Kusserow.

$AMED {{ '2016-08-01T16:40:45+0000' | timeago}} • Announcement

$AMED said it agreed to buy Professional Profiles, a personal care company with corporate headquarters in Danvers, Massachusetts, for $4.4MM. The transaction is expected to close on Sept. 1, 2016.

$AMED {{ '2016-06-17T19:03:04+0000' | timeago}} • Announcement

Healthcare company $AMED said it has appointed David B. Pearce as SVP and Chief Compliance Officer, effective July 5. Mr. Pearce comes to $AMED from $KND and he has also previously worked at Extendicare Health Services, Inc.

$AMED {{ '2016-04-26T17:54:20+0000' | timeago}} • Announcement

$AMED announced the addition of three new members to its BoD. Effective April 20, Jeffrey Rideout, Julie Klapstein and Richard Lechleiter became new Board members.

$AMED {{ '2016-03-02T12:16:20+0000' | timeago}} • Announcement

Health and hospice company $AMED said it has closed on the acquisition of Associated Home Care for $28MM as of March 1, 2016. Associated Home Care, headquartered in North Andover, Massachusetts, cares for more than 5,000 seniors each day and has more than 1,500 employees with nine branch offices located in Massachusetts.

$AMED {{ '2016-02-11T12:23:40+0000' | timeago}} • Announcement

Home health provider $AMED said it agreed to acquire Associated Home Care, a private-duty home healthcare agency based in North Andover, Massachusetts. Under the terms of the agreement, the company will acquire 100% of the ownership interests in Associated Home Care for $28MM. The transaction is expected to close on March 1, 2016.

$AMED {{ '2016-01-04T14:17:06+0000' | timeago}} • Announcement

$AMED, a home health & hospice company, said that it has completed the acquisition of Infinity HomeCare on Dec. 31, 2015, for $63MM. Infinity HomeCare generates about $50MM of revenues annually & was previously controlled by HealthEdge Investment Partners.

$AMED {{ '2015-11-03T21:16:43+0000' | timeago}} • Announcement

Home health company $AMED said it agreed to acquire Infinity HomeCare for $63MM. Sarasota, Florida-headquartered Infinity generates approx. $50MM in annual revenues. $AMED expects to fund the purchase with a combination of cash on hand and borrowings from its senior secured credit facility.

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