Yesterday, Gentiva Health Services Inc. (GTIV) announced the completion of its acquisition of Rush Home Care Inc., which operates as Magna Home Health. While the financial terms of the transaction were undisclosed, the company announced that it funded the deal with its existing cash reserves. The agreement to purchase Magna Home Health, a part of the Rush Health System, was signed by Gentiva in July this year. The addition of Magna's locations in Meridian, Mississippi and Gilbertown, Alabama should enable Gentiva to expand its coverage in seven new certificate of need (CON) counties to participate in the delivery of home health services. We believe this deal will consolidate Gentiva’s position as the largest provider of comprehensive home healthcare services in the U.S. and enable them to serve a wider patient population. The transaction is not expected to affect Gentiva’s 2009 operations materially. Gentiva, which derives ...

Amedisys Inc (CHE) shares are trading on an abnormally high volume. The Baton Rouge-based company's shares plummeted more than 11% at $32.25 this afternoon.

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Amedisys Inc. (...

Louisiana, unlike any of the other states of the union is made up of Parishes, as opposed to counties. A state of subtropical temperatures, and wild hurricanes is also a land of great riches. Louisiana refines more oil than any other state. Here are some interesting facts about Louisiana:1. Petroleum and natural gas are Louisiana’s number one mined products, and together they account for 90% of the total state mining income.2. Louisiana ranks number one in shrimp production.3. The production of chemical products are one of Louisiana’s top manufacturing industries.4. Sugar cane is Louisiana’s top farm product.5. 19 refineries are located within the state of Louisiana, and together they are responsible for 15% of the total refining capacity of America.6. The state imposes a $0.20 per gallon tax on oil.7. Almost 9,000 people are employed by refineries, ...

Amedisys is one of the leading providers of home healthcare in the United States and Puerto Rico. Headquartered in Baton Rouge, Louisiana, the company is dedicated to preserving a 26-year tradition of improving its patients’ quality of life.

Amedisys employs the best, most highly-trained healthcare professionals who can accommodate the needs of virtually any patient. Whether it is chronic illness, injury recovery, or post-surgical care, Amedisys has a corresponding management program. Across thirty-six states and Puerto Rico, the company is recognized as a trusted provider of quality in-home healthcare solutions.

Bill Borne started Amedisys back in 1982, and has served as its CEO ever since. His leadership has led the company on an amazing journey of growth and recognition that spans decades, from a 1989 listing as one of Inc. Magazine’s fastest growing American companies, to being named the Louisiana State Nurses Association Foundation’s Outstanding Employer of the Year in 2008,

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