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Article: Amedisys Signs Purchase Agreement for New Jersey Home Health Agency.
- Article from:
- Business Wire
- Article date:
- October 12, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BATON ROUGE, La. -- Amedisys, Inc. (NASDAQ: AMED), one of America's leading home health and hospice nursing companies, today announced that it has completed the discussions disclosed in a press release dated September 10, 2009 and has signed a definitive agreement to acquire the home health operations of Hackensack University Medical Center. Subject to regulatory approval from the state of New Jersey, the parties expect to close the transaction by the end of the year. When consummated it will represent Amedisys' initial entry into the home health business in New Jersey, a certificate of need (CON) state. The agency has annualized revenue of approximately $19 million and ...