Amedisys AMED, one of America's leading home health and hospice companies, today announced that it has signed a definitive agreement to acquire the hospice operations of Hackensack University Medical Center.
Hospice of Hackensack, with annual revenue of approximately $5 million in 2010, operates one hospice agency and one eight-bed hospice inpatient unit, primarily serving the counties of Bergen and Hudson, but licensed to provide care throughout all counties in New Jersey. The transaction remains subject to
customary closing conditions, including state regulatory approvals. It is not expected to add materially to Amedisys' earnings in 2011.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in