Home Health Care News January 7, 2025
Amedisys’ (Nasdaq: AMED) planned divestiture of more than 100 home health and hospice locations to VitalCaring has reportedly been halted following a federal court ruling that requires Texas-based VitalCaring to allocate a significant portion of its future profits to Encompass Health and Enhabit.
Amedisys in June announced an agreement to sell some of its locations to the private equity-backed home health and hospice provider VitalCaring. The agreement included potentially more than 100 locations.
The VitalCaring transaction was contingent on approval of Amedisys’ $3.3 billion acquisition by the UnitedHealth Group (NYSE: UNH) subsidiary Optum. Amedisys planned to move forward with the VitalCaring divestiture in order to mitigate federal antitrust concerns surrounding its sale.
The news to cancel the divestiture comes after...
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