Jan 20 2010
Amedisys Inc. (NASDAQ: AMED), one of America's leading home health nursing companies, today announced that it has signed a national agreement with Humana Inc. (NYSE: HUM) to provide home health services to Humana’s Medicare Advantage members effective Jan. 1, 2010. The agreement covers approximately 1.5 million participants who are covered under various Humana Medicare Advantage plans in all 50 states.
“We are pleased to reach this agreement with Amedisys. It will be a great benefit to our Medicare Advantage members, providing them with better access to home health care services, which we believe will lead to better outcomes and fewer unnecessary hospital trips.”
“This agreement marks a substantial expansion of our relationship with Humana, as our previous agreement had been limited to just a few markets,” said William F. Borne, chief executive officer of Amedisys Inc. “It also represents a significant milestone for Amedisys as it helps diversify our revenue base beyond direct Medicare payments, and shows the importance of our expanded geographical footprint, which allows us to better support national insurance providers. We will continue to explore similar opportunities to expand our services with other national insurance providers.”
William A. Barnes, vice president of national contracting at Humana, added, “We are pleased to reach this agreement with Amedisys. It will be a great benefit to our Medicare Advantage members, providing them with better access to home health care services, which we believe will lead to better outcomes and fewer unnecessary hospital trips.”
Source: Humana Inc.
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