December 11th, 2019
"In an effort to expand its capabilities and open the door for future Medicare Advantage (MA) opportunities, Amedisys Inc. (Nasdaq: AMED) recently struck an agreement with ClearCare Inc. to create a network of personal care agencies.
Already, that network is spreading like wildfire, with 308 agencies representing 32,000 caregivers in 39 states, Amedisys CEO and President Paul Kusserow said Thursday on the company’s Q2 earnings call. In fact, that figure grew by 50 agencies — from 268 — over the course of the hour-long call alone.
'This allows us to build a nationwide network of personal care agencies and furthers our efforts to provide patients with a true care continuum in the home,' Kusserow said on the call. 'This relationship will also help us … with Medicare Advantage plans, [which] have begun to recognize the value that combined home health, hospice and personal care services bring to their members and care-delivery infrastructure.'"