Home Health Care News April 28, 2022
Amedisys Inc. (Nasdaq: AMED) will soon be in a league of its own, at least to a certain extent.
There are certainly plenty of independent, home-focused companies still on the publicly traded market. But the Baton Rouge, Louisiana-based provider has seen its direct peers go one way or the other over the years, especially of late.
Humana (NYSE: HUM) acquired all of Kindred at Home. Encompass Health (NYSE: EHC) is currently in the process of spinning off its home health and hospice segment to its own entity, Enhabit Home Health & Hospice. UnitedHealth Group (NYSE: UNH) has agreed to purchase LHC Group Inc. (Nasdaq: LHCG).
“The [UnitedHealth Group-LHC Group deal] didn’t come as a surprise to any of us,” Amedisys...