Home Health & Hospice Week

Industry Note:

Amedisys Closes Blockbuster AseraCare Deal

Amedisys Inc. has closed on its acquisition of Homecare Preferred Choice Inc. doing business as AseraCare Hospice, the Baton Rouge, Louisi­ana-based chain says in a release. Amedisys paid $235 million in cash for AseraCare, including a $32 million tax asset bringing the net purchase price to $203 million.

Amedisys’ hospice operations now will include 190 locations in 35 states, with an average daily census of about 14,000 patients and about 7,000 hospice employees, the company says.

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