“Having the opportunity to be part of and lead
Amedisys Under Paul Kusserow’s Leadership
- Improved Home Health Quality of
Patient Care Star score from 3.5 stars to 4.33 stars – leading the industry - Migrated the entire
Amedisys business to theHomecare Homebase (HCHB) platform - Focused on employees and being the employer of choice resulting in a voluntary turnover rate of approximately 18% and landing
Amedisys on Modern Healthcare’s Best Place to Work list in 2021 - Expanded Amedisys’ lines of business from
Home Health andHospice to Home Health , Hospice, Personal Care, Palliative Care, Hospital at Home and Skilled Nursing Facility (SNF) at Home - Invested in the Hospice business growing census from approximately 4,600 to over 13,000 and increasing the number of care centers from 80 to 177
- Grew the market cap of
Amedisys from$900 million to over$5.3 billion , while growing revenue by over 74%, generating substantial shareholder value
“Since Paul took over, the organization is better in nearly every way. On behalf of the Board of Directors, I want to sincerely thank him for his efforts and continued leadership,” said Lead Independent Director,
“It is hard to quantify the impact that Paul has had on
About
Forward-Looking Statements:
When included in this press release, words like “believes,” “belief,” “expects,” “strategy,” “plans,” “anticipates,” “intends,” “projects,” “estimates,” “may,” “might,” “could,” “would,” “should” and similar expressions are intended to identify forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a variety of risks and uncertainties that could cause actual results to differ materially from those described therein. These risks and uncertainties include, but are not limited to the following: the impact of the novel coronavirus pandemic (“COVID-19”), including the measures that have been and may be taken by governmental authorities to mitigate it, on our business, financial condition and results of operations, changes in or our failure to comply with existing federal and state laws or regulations or the inability to comply with new government regulations on a timely basis, changes in Medicare and other medical payment levels, our ability to open care centers, acquire additional care centers and integrate and operate these care centers effectively, competition in the healthcare industry, changes in the case mix of patients and payment methodologies, changes in estimates and judgments associated with critical accounting policies, our ability to maintain or establish new patient referral sources, our ability to consistently provide high-quality care, our ability to attract and retain qualified personnel, our ability to keep our patients and employees safe, changes in payments and covered services by federal and state governments, future cost containment initiatives undertaken by third-party payors, our access to financing, our ability to meet debt service requirements and comply with covenants in debt agreements, business disruptions due to natural disasters or acts of terrorism, widespread protests or civil unrest, our ability to integrate, manage and keep our information systems secure, our ability to realize the anticipated benefits of acquisitions, changes in law or developments with respect to any litigation relating to the Company, including various other matters, many of which are beyond our control.
Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on any forward-looking statement as a prediction of future events. We expressly disclaim any obligation or undertaking, and we do not intend to release publicly any updates or changes in our expectations concerning the forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based, except as required by law.
Contact: | |
Investor Relations | Media Relations |
615.928.5452 | 225.299.3720 |
Nick.muscato@amedisys.com | Kendra.kimmons@amedisys.com |
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