Amedisys, Inc. (NASDAQ: AMED), one of America’s leading home health and hospice companies, today 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”
“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 history and great reputation of providing quality service to the communities they serve. We are very excited to be able to build upon that reputation by introducing our technologies and expanding services with our disease management programs.”