Amedisys halts sale of home health, hospice locations to VitalCaring
01/09/25 at 03:00 AM
Amedisys halts sale of home health, hospice locations to VitalCaring
Hospice News; by Holly Vossel; 1/7/25
Amedisys’ (Nasdaq: AMED) has halted the divestiture of some of its home health and hospice locations to Texas-based VitalCaring. Amedisys in June announced an agreement to sell some of its locations to the private equity-backed home health and hospice provider VitalCaring. ... The news to cancel the divestiture comes after a recent court order issued by a federal judge in Delaware requiring that VitalCaring allocate 43% of future profits to Encompass Health (NYSE: EHC) and Enhabit Inc. (NYSE: EHAB). [Click on the title's link to continue reading.]