Amedisys completes acquisition of home health operations of Hackensack University Medical Center

Jan 4 2010

Amedisys, Inc. (NASDAQ: AMED), one of America's leading home health nursing companies, today announced that it has received the regulatory approvals from the state of New Jersey and that it has completed the acquisition of the home health operations of Hackensack University Medical Center. This acquisition represents 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 serves Bergen and Hudson counties.

“We welcome the employees from the Hackensack home health agency into the Amedisys family. We are very excited about this opportunity to provide services in New Jersey”

“We welcome the employees from the Hackensack home health agency into the Amedisys family. We are very excited about this opportunity to provide services in New Jersey,” stated William F. Borne, Chief Executive Officer of Amedisys, Inc. “This marks our initial entrance into New Jersey, a state with a significant number of Medicare beneficiaries. We look forward to building on the excellent care and service the agency currently provides to the patients in this community by introducing Amedisys clinical programs, providing additional financial and operational resources, and expanding business development efforts.”