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Aging-in-Place Company Amedisys to Acquire AseraCare Hospice for $235 Million

Updated: Jun 9, 2023

The evolution of Amedisys Inc. (Nasdaq: AMED) continues.

The Baton Rouge, Louisiana-based home health, hospice and personal care provider announced early Monday morning that it has a deal in place to acquire AseraCare Hospice for $235 million. As structured, the agreement includes a $32 million tax asset, effectively lowering the overall purchase price to $203 million.

“AseraCare is a great hospice company,” Amedisys CEO and President Paul Kusserow told Home Health Care News. “When we decided that hospice was a business line we wanted to move forward in back in 2016, we actually approached AseraCare. But they weren’t for sale.”  

Read more here… Home Health Care News



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