Phones are apparently ringing off the hook at Amedisys Inc. (Nasdaq: AMED). Although the home health industry has yet to complete month No. 2 under the Patient-Driven Groupings Model (PDGM), Amedisys has already fielded plenty of inquires from peers looking to exit the market or absorb into the Baton Rouge, Louisiana-based home health, hospice and personal care services company. Those conversations have quickly yielded returns, too, according to Amedisys President and CEO Paul Kusserow. “We have already seen the early signs of the disruption caused by PDGM, having already absorbed one asset in Missouri, while more and more [agencies] have been calling,” Kusserow said Wednesday during a Q4 and year-end earnings call. “We will continue to grow share via absorption, but we’re also interested in strategic inorganic opportunities as they present themselves, particularly in CON states.”
Read the full article: Amedisys CEO: We’ve Already Seen Early Signs of PDGM Disruption //
Source: https://homehealthcarenews.com/2020/02/amedisys-ceo-weve-already-seen-early-signs-of-pdgm-disruption