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WIKI ANALYSISAmedisys, Inc. provides home health and hospice services to the chronic, co-morbid, and aging American population. As of December 31, 2010, the company owned and operated 486 Medicare-certified home health agencies and 67 Medicare-certified hospice agencies in 45 states within the United States, the District of Columbia, and Puerto Rico. Amedisys, Inc. was founded in 1982 and is headquartered in Baton Rouge, Louisiana.
Industry
Company
Segments
Home Health CareThe companys home care services include skilled nursing, home health aides, physical and occupational therapy, speech therapy, and medical social workers; and specialized nursing programs, such as cardiac, diabetes, pain management, wound care, infusion therapy, oncology, and psychiatric services. It also provides a portfolio of chronic care clinical programs designed from evidence-based best practices for patients with chronic diseases.
HospiceThe companys hospice care team includes patient and family, attending physician, hospice physician, nurses, social workers, home health aides, volunteers, bereavement counselors, and spiritual counselors, as well as physical, speech, and occupational therapists. It provides hospice services to individuals with a terminal illness, such as heart disease, pulmonary disease, dementia, Alzheimers, HIV/AIDS, or cancer.
Trends & Forces
US Federal Subsidies
CutsDue to persistent high Federal spending, deficits, and debt, efforts have been made to reduce wasteful subsidization by intent even though legitimate expenditures may have also been reduced. These Federal legislations are more uncommon than not and have not been repeated recently.
ObamacareSeemingly due to the enormous length of the legislation, the full extent of the effects of it are not yet fully known; nevertheless, Federal spending on healthcare is the largest percentage by far and has maintained a steady rate of increase.
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