Industry Note:
Chain Pares MCO Biz
Published on Thu Oct 18, 2012
Home care chain Amedisys Inc. has changed its service agreement with Humana Inc. The change will result in Amedisys receiving about half the $65 to $70 million in annual revenues it had been receiving from the insurer.The Baton Rouge, La.-based company now will receive payment on a per visit rather than episodic basis, it says in a release. Not all markets served under Amedisys' former agreement with Humana will be served under the new one, Amedisys points out.