Private Equity-Backed Buyer Drops Out of Sweepstakes for Divested Amedisys Locations

In early May, it was reported that UnitedHealth Group (NYSE: UNH) and Amedisys (Nasdaq: AMED) were working on a divestment package to satisfy regulator concerns over antitrust violations. Capitol Forum had previously reported that Amedisys was aiming to offload more than 100 of its locations to a “private equity-backed buyer.” On Friday, Capitol Forum reported that the buyer had walked away from the deal, leaving Amedisys without a divestment partner. Amedisys stock dropped over 5% as of Friday afternoon, after the news surfaced. It is unclear why the buyer walked away at this point. But multiple sources with knowledge of transaction talks told Home Health Care News that the April Anthony-led VitalCaring was the buyer.

Read the full article: Private Equity-Backed Buyer Drops Out of Sweepstakes for Divested Amedisys Locations //

Source: https://homehealthcarenews.com/2024/05/private-equity-backed-buyer-drops-out-of-sweepstakes-for-divested-amedisys-locations/

Scroll to Top