UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
Commission File Number:
(Exact name of registrant as specified in charter)
(State or other jurisdiction of incorporation or organization) |
(IRS Employer Identification No.) |
(Address of principal executive offices, including zip code)
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
SECTION 7 - REGULATION FD
Item 7.01. | Regulation FD Disclosure. |
On April 27, 2021, Amedisys, Inc. (the “Company”) issued a press release announcing that it will launch the Home Health Advanced Program in the southeastern United States in collaboration with Sound Physicians, a leading physician practice partner to health systems and plans, physician groups and post-acute providers. A copy of the press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K.
The information included in this Current Report on Form 8-K under this Item 7.01 (including Exhibit 99.1 hereto) is being “furnished” and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of Section 18, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. The information included in this Current Report on Form 8-K under this Item 7.01 (including Exhibit 99.1 hereto) will not be deemed an admission as to the materiality of any information required to be disclosed solely to satisfy the requirements of Regulation FD.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
Exhibit |
Description | |
99.1 | Press Release dated April 27, 2021 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AMEDISYS, INC. | ||
By: | /s/ Paul B. Kusserow | |
Paul B. Kusserow | ||
Chief Executive Officer and Chairman of the Board |
DATE: | April 27, 2021 |
Exhibit 99.1
Contact:
| ||
Kendra Kimmons | ||
Vice President of Marketing & Communications | ||
225-299-3708 | ||
kendra.kimmons@amedisys.com |
Amedisys and Souh1nd Physicians to Launch Home Health Advanced Pilot Program
BATON ROUGE, La., April 27, 2021 Amedisys, Inc. (NASDAQ: AMED), a leading provider of home health, hospice and personal care, in collaboration with Sound Physicians, a leading physician practice partner to health systems and plans, physician groups and post-acute providers, will launch the Home Health Advanced Program in the southeastern United States. The program is part of both Amedisys and Sound Physicians efforts to provide the highest quality care to patients in their home upon their discharge from an acute setting.
The program, anticipated to begin providing services in mid-May 2021, is designed to support home-based care for Medicare FFS patients who meet certain diagnosis and acuity levels. The program provides Amedisys personal care services, telemedicine services through Sound Physicians, a dedicated care coordination team and enhanced patient and caregiver communication during the first two-to-three weeks of a home health episode, all at no additional cost to patients.
This long-anticipated innovation will further prove the value of care in the home for higher acuity patients and caregivers, stated Chairman and CEO Paul Kusserow. The combination of the highest quality home health care in the industry and coordinated personal care support to help patients and caregivers with activities of daily living is the key to future innovations like these and has enormous implications for the future of healthcare. We could not have a better partner than Sound Physicians to deliver on this much-needed solution.
Amedisys unique Personal Care Network, now spanning 39 states and 1,500 agencies, will allow the Company to scale this program across its home health footprint.
As part of our ongoing commitment to improve quality and reduce costs for patients across their whole episode of care, were delighted to partner with Amedisys on a Home Health Advanced Offering, stated Robert Bessler, MD, Founder and CEO, Sound Physicians. Amedisys commitment to driving value aligns with our mission, and we look forward to further innovating with this unique care-at-home option, something our physicians and patients have long desired.
COVID-19 accelerated patients desire to be cared for in the home, and Amedisys is working to meet this demand by moving up the acuity scale to focus on new, sicker patients who previously had limited options, stated Senior Vice President of Innovations Sandra Schrauf. By implementing this program, we can offer a better alternative as healthcare in the home grows beyond the pandemic.
About Amedisys: Amedisys, Inc. is a leading healthcare at home company delivering personalized home health, hospice and personal care. Amedisys is focused on delivering the care that is best for our patients, whether that is home-based personal care; recovery and rehabilitation after an operation or injury; care focused on empowering them to manage a chronic disease; or hospice care at the end of life. More than 2,900 hospitals and 78,000 physicians nationwide have chosen Amedisys as a partner in post-acute care. Founded in 1982, headquartered in Baton Rouge, La. with an executive office in Nashville, Tenn., Amedisys is a publicly held company. With approximately 21,000 employees in 514 care centers in 39 states and the District of Columbia, Amedisys is dedicated to delivering the highest quality of care to the doorsteps of more than 418,000 patients and clients in need every year. For more information about the Company, please visit: www.amedisys.com.
About Sound Physicians: Sound Physicians is a leading physician partner to hospitals, health plans, physician groups, and post-acute providers seeking to transform outcomes for acute episodes of care. For 20 years, our high-performing and affordable care models have combined physician leadership, clinical process, technology, and analytics to consistently improve clinical and financial performance. We are pioneers in value, working together with our partners and community providers to bridge gaps in patient care, from hospital to home. Visit us at www.soundphysicians.com.
Forward-Looking Statements: When included in this press release, words like believes, belief, expects, plans, anticipates, intends, projects, estimates, may, might, would, should, will and similar expressions are intended to identify forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a variety of risks and uncertainties that could cause actual results to differ materially from those described therein. These risks and uncertainties include, but are not limited to the following: the impact of the novel coronavirus pandemic (COVID-19), including the measures that have been and may be taken by governmental authorities to mitigate it, on our business, financial condition and results of operations, changes in or our failure to comply with existing federal and state laws or regulations or the inability to comply with new government regulations on a timely basis, changes in Medicare and other medical payment levels, our ability to open care centers, acquire additional care centers and integrate and operate these care centers effectively, competition in the healthcare industry, changes in the case mix of patients and payment methodologies, changes in estimates and judgments associated with critical accounting policies, our ability to maintain or establish new patient referral sources, our ability to consistently provide high-quality care, our ability to attract and retain qualified personnel, our ability to keep our patients and employees safe, changes in payments and covered services by federal and state governments, future cost containment initiatives undertaken by third-party payors, our access to financing, our ability to meet debt service requirements and comply with covenants in debt agreements, business disruptions due to natural disasters or acts of terrorism, widespread protest or civil unrest, our ability to integrate, manage and keep our information systems secure, our ability to realize the anticipated benefits of acquisitions, and changes in law or developments with respect to any litigation relating to the Company, including various other matters, many of which are beyond our control.
Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on any forward-looking statement as a prediction of future events. We expressly disclaim any obligation or undertaking, and we do not intend to release publicly any updates or changes in our expectations concerning the forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based, except as required by law.
# # #
Document and Entity Information |
Apr. 27, 2021 |
---|---|
Cover [Abstract] | |
Entity Registrant Name | AMEDISYS INC |
Amendment Flag | false |
Entity Central Index Key | 0000896262 |
Document Type | 8-K |
Document Period End Date | Apr. 27, 2021 |
Entity File Number | 0-24260 |
Entity Incorporation State Country Code | DE |
Entity Tax Identification Number | 11-3131700 |
Entity Address, Address Line One | 3854 American Way |
Entity Address, Address Line Two | Suite A |
Entity Address, City or Town | Baton Rouge |
Entity Address, State or Province | LA |
Entity Address, Postal Zip Code | 70816 |
City Area Code | (225) 292-2031 or (800) |
Local Phone Number | 467-2662 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Security 12b Title | Common Stock, par value $0.001 per share |
Trading Symbol | AMED |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
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end
YYU[ZX.W]Y<7AP=NSH]/#];6#
M^_/[B[/#LW\/=G :;Z5[#J;6SK8[1T.:W$>SYCMB>BP:%37VH U9R0F_L*@A7/\U7RW=3:C
MLK(2MVYC'MD+7B^"E&GN!L64=W(*1T]J:]!W;Q%AXY;NP=5DT,YFVG>;#F$M
M"M_"+