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Home Health & Hospice Week

Industry Notes

Published on Tue Apr 27, 2010

• HHAs should be able to do some planning as the next few years' rates are stabilized. That's due to the recent passage of the health care reform package, predicts Amedisys Inc. CEO William Borne. "With the passage of health care reform, our industry now has rate clarity for several years," Borne says in a release. "This clarity will allow us to continue our growth both internally and externally through strategic acquisitions." For the quarter ended March 31, the Baton Rouge, La.-based national chain posted double-digit increases in both profits and revenues compared to the same quarter in 2009. Amedisys' net income went from $27.0 million to $36.8 million in that time period, while revenues increased from $341.8 million to $413.0 million.
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