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Fleetridge Pacific
3725 Talbot St., Suite A
San Diego, CA 92106
Toll Free  (888) 220-2270
Phone (619) 523-0303
Fax  (619) 523-1313

Email:  Info@Fleetridge.com

 

 

 


 
HOT OFF THE WIRE:

Sep, 2009 Amedisys, Inc. (NASDAQ: AMED)  announced that it has been in discussions to acquire the home health operations of Hackensack, NJ based Hackensack University Medical Center. The home health agency serves Bergen and Hudson counties and has annualized revenue of approx. $19 Million. The acquisition will serve as Amedisys' initial entry into New Jersey, a CON state.

 

Sep, 2009 Gentiva Health Services (NASDAQ: GTIV) announced that it has completed its previously announced acquisition of Rush Home Care (d/b/a Magna Home Health) from Rush Health System. This acquisition adds seven additional counties to Gentiva's service area in Mississippi and Alabama, both of which are CON states.

 

Sep, 2009 LHC Group (NASDAQ: LHCG) announced that it has entered into a home health joint venture with Grants Pass, Oregon-based Three Rivers Community Hospital. The acquired agency generated net revenue of approximately $3.4 Million for the most recent twelve month period.  The joint venture will serve as LHC's initial entry into Oregon.

"HOT OFF THE WIRE"  is for informational purposes only and is not an offer or recommendation to purchase or sell securities.