Exhibit 99.2

Amedisys, Inc.

Reconciliation of Non-GAAP Financial Measurements to GAAP Financial Statements

(In thousands)

	For the three-month periods ended												For the nine-month period ended
	March 31, 2008			June 30, 2008			September 30, 2008						September 30, 2008
Net income	$	16,464		$	20,384		$	23,493					$	60,341
Add:
Provision for Income Taxes		10,772			13,337			15,144						39,253
Interest expense (income), net		658			5,178			4,833						10,669
Depreciation and amortization		4,424			5,419			5,885						15,728
Earnings before interest, taxes, depreciation, and amortization ("EBITDA") (1)		32,318			44,318			49,355						125,991
Add:
Certain TLC acquisition costs (2)		—			2,671			1,072						3,743
Adjusted EBITDA (3)	$	32,318		$	46,989		$	50,427					$	129,734
	For the three-month periods ended												For the twelve-month period ended
	March 31, 2007			June 30, 2007			September 30, 2007			December 31, 2007			December 31, 2007
Net income	$	13,265		$	14,917		$	20,216		$	16,715		$	65,113
Add:
Provision for Income Taxes		8,445			9,347			10,391			10,115			38,298
Interest expense (income), net		(863	)		(1,025	)		(756	)		(506	)		(3,150	)
Depreciation and amortization		2,741			3,030			3,853			4,125			13,749
EBITDA (1)		23,588			26,269			33,704			30,449			114,010
Less:
Alliance (4)		—			—			(4,212	)		—			(4,212	)
Adjusted EBITDA (3)	$	23,588		$	26,269		$	29,492		$	30,449		$	109,798
	For the three-month periods ended												For the twelve-month period ended
	March 31, 2006			June 30, 2006			September 30, 2006			December 31, 2006			December 31, 2006
Net income	$	7,284		$	9,053		$	10,559		$	11,359		$	38,255
Add:
Provision for Income Taxes		4,618			5,739			6,695			6,590			23,642
Interest expense (income), net		918			902			664			1,226			3,710
Depreciation and amortization		2,373			2,477			2,487			2,769			10,106
EBITDA (1)	$	15,193		$	18,171		$	20,405		$	21,944		$	75,713

(1) EBITDA is defined as net income before provision for income taxes, net interest expense, and depreciation and amortization. EBITDA should not be considered as an alternative to, or more meaningful than, income before income taxes, cash flow from operating activities, or other traditional indicators of operating performance. This calculation of EBITDA may not be comparable to a similarly titled measure reported by other companies, since not all companies calculate this non-GAAP financial measure in the same manner.

(2) Certain TLC integration costs incurred primarily for the payment of severances for TLC employees and for the conversion of the acquired TLC agencies to our operating systems including our Point of Care network.

(3) Adjusted EBITDA is defined as net income before provision for income taxes, net interest expense, and depreciation and amortization plus certain adjustments (i.e. TLC integration costs in 2008 and Alliance in 2007. See note 2 and 4, respectively, for additional details to these adjustments). Adjusted EBITDA should not be considered as an alternative to, or more meaningful than, income before income taxes, cash flow from operating activities, or other traditional indicators of operating performance. This calculation of Adjusted EBITDA may not be comparable to a similarly titled measure reported by other companies, since not all companies calculate this non-GAAP financial measure in the same manner.

(4) Alliance Home Health, Inc. (“Alliance”), a wholly owned subsidiary of ours filed for Chapter 7 federal bankruptcy protection in September 2000. That case is now concluded. As a result, the remaining $4.2 million liabilities of Alliance were extinguished and we are not liable for any of these obligations. The discharge of the liabilities was a non-taxable event.