Economics and Business Week
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Amedisys Acquires Arkansas Home Health Agency
February 20th, 2010
Amedisys, Inc. (NASDAQ: AMED), one of America's leading home health and hospice companies, announced that it has acquired De Queen Home Health Agency located in De Queen, Arkansas, a Permit of Approval state. The acquisition will expand Amedisys' coverage to all or part of eight new counties, bringing our total coverage of Arkansas to 32 counties. De Queen had annualized revenue of $2.9 million, but is not expected to add materially to Amedisys earnings in 2010.
"We welcome the new employees from De Queen into the Amedisys family and look forward to expanding our presence in Arkansas," stated William F. Borne, Chief Executive Officer of Amedisys, Inc. "De Queen has a long...
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Source: Economics and Business Week (2010-02-20)