Amedisys to Acquire Randolph County Home Health Regulatory Asset
BATON ROUGE, La., April 14, 2021 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ: AMED), a leading provider of quality home health, hospice and personal care, has signed a definitive agreement to acquire regulatory assets that allow the Company to conduct home health care operations in Randolph County, N.C.
Under the terms of the agreement, expected to close April 30, 2021, Amedisys will acquire the right to operate certified home health care services in Randolph County, N.C., and surrounding areas within a 50-mile radius, including Montgomery County. The service area provides access to 31,000 Medicare and Medicare Advantage enrollees.
“We’re honored to be able to offer our compassionate, clinically distinct care to more patients in more places,” stated Home Health President Teonie Aurelio. “Expanding our footprint into this key market further establishes Amedisys as America’s solution for aging in place.”
Upon close, Amedisys will open a start-up care center to serve patients in the newly acquired service area. Amedisys is the second largest provider of home health care in the United States with 320 locations across 34 states.
Amedisys, Inc. is a leading healthcare at home company delivering personalized home health, hospice and personal care. Amedisys is focused on delivering the care that is best for our patients, whether that is home-based personal care; recovery and rehabilitation after an operation or injury; care focused on empowering them to manage a chronic disease; or hospice care at the end of life. More than 2,900 hospitals and 78,000 physicians nationwide have chosen Amedisys as a partner in post-acute care. Founded in 1982, headquartered in Baton Rouge, LA with an executive office in Nashville, TN, Amedisys is a publicly held company. With approximately 21,000 employees, in 514 care centers in 39 states and the District of Columbia, Amedisys is dedicated to delivering the highest quality of care to the doorsteps of more than 418,000 patients in need every year. For more information about the Company, please visit: www.amedisys.com.
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