Articles > Popular publications > PR Newswire press releases > July-September 1997 > Thursday, September 4

Article: AMEDISYS, INC. Acquires Durable Medical Equipment Firm

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PR Newswire
Article date:
September 4, 1997
Copyright

BATON ROUGE, La., Sept. 4 /PRNewswire/ -- AMEDISYS, INC. ("The Company") (Nasdaq: AMED) today announced the acquisition of Allgood Medical Services, Inc., a Louisiana corporation doing business as Care Medical and Mobility Equipment Company ("Care Medical"). The acquisition will be immediately accretive to AMEDISYS' earnings. AMEDISYS' strategy is to double Care Medical's same store sales by expanding its service areas to include AMEDISYS' statewide provider network. AMEDISYS does not plan to make any changes in Care Medical's operations.

Care Medical provides durable medical equipment to patients in home health care settings, medical facilities and health ... 







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