Home Health & Hospice Week

Industry Notes:

National Chain Secures New Credit Agreement

Amedisys Inc. has entered into a new $225 million unsecured credit facility agreement and an amendment to its senior notes, the Baton Rouge, La.-based chain says in a release. The new credit facility is with a group of banks led by JP-Morgan Chase Bank and Bank of America Mer-rill Lynch.The credit facility "will support our capital needs, including acquisition opportunities, which we believe will become increasingly attractive over the term of the agreement," Amedisys CEO William Borne says in a release.
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