Amedisys Home Health and Hospice Care
Amedisys provides in-home skilled nursing, physical, occupational and speech therapy, medical social work, home aides, and hospice and bereavement services, with 11 million patient care visits in 2011.
Amedisys employs more than 16,000 individuals at more than 500 locations in 45 states, Washington, D.C. and Puerto Rico. In 2010, annual revenues were approximately $1.6 billion. Amedisys was ranked 999 on the Fortune 1000 in 2011.
History and governance
Amedisys was founded in 1982 by William F. Borne, a registered nurse from Reserve, LA, who has served as chief executive officer and chairman of the board since that time. In 1993, the company completed a reverse acquisition with M&N Capital Corp, and began trading on the NASDAQ Small Cap Market in 1994. Additional public offerings of its common stock were completed in 2004 and 2006.
As of November 6, 2011 the members of the board of directors of Amedisys are: William F. Borne, chairman; Don Washburn, lead director; Ronald LaBorde; Jake L. Netterville, CPA; David Pitts, and Peter Ricchiuti.
In March 2008, Amedisys closed the acquisition of TLC Health Care Services, a home health provider with more than 100 locations.
Amedisys is accredited by the Accreditation Commission for Health Care (ACHC).
In June 2011, three Amedisys care centers were awarded the first Integrated Health Care Standards Accreditation for Behavioral Health Disorders by ACHC.
In 2010 and 2011, under the Medicare Home Health Pay for Performance (HHP4P) demonstration Amedisys received the largest reward in both years ($3.6 million in 2010, $4.7 million in 2011). HHP4P shared more than $15 million in savings with 166 home health agencies that either maintained high levels of quality or made significant improvements in quality of care.
In July 2011, Amedisys was named Innovator of the Year during the 2011 Louisiana Governor’s Technology Awards for its patient care management web application for physicians, Mercury Doc.
In October 2011, over 250 Amedisys agencies were named to the 2011 HomeCare Elite™, a compilation of the top-performing home health agencies based on quality outcomes, quality improvement and financial performance. 104 Amedisys care centers have been honored multiple times, including 13 that have been acknowledged every year since the inception of the HomeCare Elite in 2005.
In 2010, Amedisys launched the first nationwide home health care transitions program, aiming to reduce unnecessary hospital readmissions through patient education and care coordination. The program and a Georgia case study demonstrating a downward trend in acute care hospitalization rate were highlighted in Home Health Quality Improvement Campaign’s Cross Settings I – Best Practice Intervention Package.
Foundation and charitable giving
In 2005, Amedisys established a 501(c)(3) nonprofit organization, the Christen Foundation, to distribute contributions to local nonprofit organizations and employees in need. The Christen Foundation also administers donations to Amedisys’ Hospice Fund.
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