Labor shortages reduced clinical capacity for Amedisys (NASDAQ: AMED) during the summer months, which slowed hospice admissions growth during the third quarter. Labor headwinds bit into the company’s ability to take on patients, resulting in only a 1% increase in same-store admissions during Q3, coupled with a 1% decline in its average daily census. “As […]
Amedisys (NASDAQ: AMED) subsidiary Contessa has penned an agreement the University of Arkansas for Medical Sciences (UAMS) to offer a range of home-based care services, including palliative care. The two organizations have formed a joint venture — UAMS Health Comprehensive Care at Home — that will provide primary care; hospital, recovery, and rehabilitation services; home health, […]
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