BATON ROUGE, La.--(BUSINESS WIRE)--
Amedisys, Inc. (NASDAQ: AMED), one of America's leading home health and
hospice companies, today announced that it has retained the services of
The Braff Group to assist in the divestiture of approximately 35 care
centers. In addition to a possible sale of these locations, the Company
will entertain contributing these care centers into joint ventures with
hospitals, health systems, or other healthcare providers. They represent
a portion of the 50 care centers being divested or consolidated as
announced on the Company’s first quarter 2013 earnings conference call.
The Braff Group is a healthcare merger and acquisition company
specializing in the sale of home health, hospice and other healthcare
service companies. The process to develop and assess divestiture and
joint venture opportunities is expected to extend into the third quarter
of 2013. There can be no assurances that this process will result in a
transaction of any kind and Amedisys does not intend to disclose
developments or provide updates on the status of this process until
further disclosure is warranted or required.
About Amedisys
Amedisys, Inc. (NASDAQ: AMED) is a leading health care at home company
delivering personalized home
health and hospice
care to approximately 380,000 patients each year. Amedisys is focused on
delivering the care that is best for our patients, whether that is
home-based recovery and rehabilitation after an operation or injury,
care focused on empowering them to manage a chronic disease, palliative
care for those with a terminal illness, or hospice care at the end of
life. The Company's state-of-the-art advanced chronic care management
programs and leading-edge technology enables it to deliver quality care
based upon the latest evidence-based best practices. Amedisys is a
recognized innovator, being one of the first in the industry to equip
its clinicians with point-of-care laptop technology and referring
physicians with an internet portal that enables real-time coordination
of patient care seamlessly. Amedisys also has the industry's first-ever
nationwide Care Transitions program, designed to reduce unnecessary
hospital readmissions through patient and caregiver health coaching and
care coordination, which starts in the hospital and continues throughout
completion of the patient's home health plan of care. For more
information about the Company, please visit: http://www.amedisys.com.
Our company website address is http://www.amedisys.com.
We use our website as a channel of distribution for important company
information. Important information, including press releases, analyst
presentations and financial information regarding the Company is
routinely posted on and accessible on the "Investor Relations" subpage
of our website, which is accessible by clicking on the tab labeled
"Investors" on our website home page. We will also use our website to
expedite public access to time-critical information regarding the
Company in advance of or in lieu of distributing a press release or a
filing with the Securities and Exchange Commission ("SEC") disclosing
the same information. In addition, we make available on the Investor
Relations subpage of our website (under the link "SEC filings") free of
charge our annual reports on Form 10-K, quarterly reports on Form 10-Q,
current reports on Form 8-K, ownership reports on Forms 3, 4 and 5 and
any amendments to those reports as soon as practicable after we
electronically file such reports with the SEC. Further, copies of our
Certificate of Incorporation and Bylaws, our Code of Ethical Business
Conduct and the charters for the Audit, Compensation and Nominating and
Governance Committees of our Board are also available on the Investor
Relations subpage of our website (under the link "Corporate Governance").

Amedisys, Inc.
Tom Dolan, 225-299-3391
SVP, Finance and
Treasurer
[email protected]
or
The
Braff Group
Steven Braff, 888-922-1833
Managing Director
[email protected]
Source: Amedisys, Inc.