Home Health Care News May 11, 2022
The average age of an Amedisys Inc. (Nasdaq: AMED) patient is about 78. The current age of the oldest baby boomer is about 77, which suggests that a whole new population could be entering its census in the near-term future.
On top of that, elective procedures are returning to pre-pandemic levels, representing about 8% of the company’s home health admissions. While Amedisys CEO Chris Gerard is unwilling to suggest that there may be even more pent-up demand on its way, ticking that number up further, some insiders believe there could be.
“We saw them come back pretty strongly at the end of last year, then they slowed down a little bit when Omicron came through,” Gerard said Tuesday during a...
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