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Amedisys Inc (AMED) [hlAlert]

Rating:
Hold AMED
down 56.02 %

Amedisys Inc (AMED) downgraded to Hold by Jefferies

Posted on: Thursday,  Sep 13, 2012  8:25 AM ET by Jefferies

Jefferies rated Hold Amedisys Inc (NASDAQ: AMED) on 09/13/2012. Previously Jefferies rated Buy Amedisys Inc (NASDAQ: AMED) on 01/27/2011., when
the stock price was $34.79. Since then, Amedisys Inc has lost 56.02% as of 09/13/2012's recent price of $15.30.
If you would have followed the previous Jefferies's recommendation on AMED, you would have lost 56.02% of your investment in 595 days.

Amedisys, Inc. (Amedisys) is a provider of home health services to the chronic, co-morbid, aging American population. The services that the Company provides include both home health and hospice services with approximately 87% of its revenue derived from Medicare. As of December 31, 2008, Amedisys owned and operated 480 Medicare-certified home health agencies, 48 Medicare-certified hospice agencies and managed the operations of four Medicare-certified home health and two Medicare-certified hospice agencies in 37 states within the United States, the District of Columbia and Puerto Rico. Its home health patient is Medicare eligible, approximately years old and takes approximately 12 different medications on a daily basis and has multiple co-morbidities. For the Company?s home health patients, it receives a 60-day, episodic-based payment from Medicare. On March 26, 2008, the Company completed the acquisition of TLC Health Care Services, Inc.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/13/2012 8:25 AM Hold
None
15.30
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  40.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/27/2011 9:25 AM Buy
None
34.79 45.00
7/14/2010 9:25 AM Hold
None
26.16 30.00

(*) Stock Price at the time of the recommendation.
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