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Amedisys, a home health, hospice and personal care company, on Wednesday said it had signed a definitive agreement to acquire Nashville-based Contessa Health, a hospital-at-home and skilled nursing facility at-home provider, the company said.
The $250-million acquisition is expected to close in late summer. Contessa will become a wholly-owned division of Baton Rouge, La.-based Amedisys.
Amedisys Chairman and CEO Paul Kusserow characterized the acquisition as strategic and said it will allow the company to provide higher-acuity in-home care. Today s announcement is a strategic and promised milestone for Amedisys strategic growth and differentiation, as we expand our capabilities to reflect growing market demands and evolving patient preference for higher-acuity in-home settings, Kusserow said in a statement. While Amedisys continues to be a national leader in quality home health and hospice services, we have always worked to i
Amedisys paying $250M for Contessa
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