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Home Health & Hospice Week

Industry Note:

Sequestration Reductions Cut Into Chain's Profits

Published on Fri Aug 02, 2013

Amedisys Inc. earnings are down, but CEO William Borne says figures would have been worse if the Baton Rouge, La.-based chain hadn’t reduced operating expenses. The company said in June it was unloading or consolidating 50 locations (see Eli’s HCW, Vol. XXII, No. 20). The for-profit chain reports net income of $1.8 million on revenues of $313.1 million for the [...]
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