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Amedisys
AMED, one of America's leading home health and
hospice companies, today announced that it has retained the services of The
Braff Group to assist in the divestiture of approximately 35 care centers. In
addition to a possible sale of these locations, the Company will entertain
contributing these care centers into joint ventures with hospitals, health
systems, or other healthcare providers. They represent a portion of the 50
care centers being divested or consolidated as announced on the Company's
first quarter 2013 earnings conference call.
The Braff Group is a healthcare merger and acquisition company specializing in
the sale of home health, hospice and other healthcare service companies. The
process to develop and assess divestiture and joint venture opportunities is
expected to extend into the third quarter of 2013. There can be no assurances
that this process will result in a transaction of any kind and Amedisys does
not intend to disclose developments or provide updates on the status of this
process until further disclosure is warranted or required.
About Amedisys
Amedisys, Inc.
AMED is a leading health care at home company
delivering personalized home health and hospice care to approximately 380,000
patients each year. Amedisys is focused on delivering the care that is best
for our patients, whether that is home-based recovery and rehabilitation after
an operation or injury, care focused on empowering them to manage a chronic
disease, palliative care for those with a terminal illness, or hospice care at
the end of life. The Company's state-of-the-art advanced chronic care
management programs and leading-edge technology enables it to deliver quality
care based upon the latest evidence-based best practices. Amedisys is a
recognized innovator, being one of the first in the industry to equip its
clinicians with point-of-care laptop technology and referring physicians with
an internet portal that enables real-time coordination of patient care
seamlessly. Amedisys also has the industry's first-ever nationwide Care
Transitions program, designed to reduce unnecessary hospital readmissions
through patient and caregiver health coaching and care coordination, which
starts in the hospital and continues throughout completion of the patient's
home health plan of care. For more information about the Company, please
visit: http://www.amedisys.com.
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