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Amedisys Inc (AMED) [hlAlert]

Rating:
Perform AMED
3 Months Gains
down 57.64 %

Amedisys Inc (AMED) rated Perform by Oppenheimer

Posted on: Tuesday,  Mar 11, 2014  8:25 AM ET by Oppenheimer

Amedisys Inc (NASDAQ:
AMED) rated Perform by Oppenheimer.

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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/11/2014 8:25 AM None
None
15.66
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD up  7.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/23/2011 8:25 AM Buy
None
36.97 44.00
7/14/2010 8:25 AM Buy
None
26.16 44.00

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