How it started
History and governance
Amedisys was founded in 1982 by William F. Borne, a registered nurse from Reserve, Louisiana and William Matt Hession (registered nurse). CEO of Key Nursing. Borne has been chief executive officer (CEO) and chairman of the board since that time. In 1993, the company completed a reverse acquisition with M&N Capital Corp, and began trading on the NASDAQ Small Cap Market in 1994. Additional public offerings of its common stock were completed in 2004 and 2006.
As of Nov. 6, 2011, the members of the board of directors of Amedisys were: William F. Borne, chairman; Don Washburn, lead director; Ronald LaBorde; Jake L. Netterville, CPA; David Pitts, and Peter Ricchiuti. Borne resigned as CEO, chairman, and director of Amedisys on February 24, 2014, 33 years after founding the company, and was named Chairman Emeritus by the company's Board of Directors. Ronald (Ronnie) A. LaBorde was named Interim CEO, having been Amedisys president and chief financial office for two years, and a member of the Board of Directors for 17 years.
In June 2011, Amedisys closed the acquisition of Beacon Hospice, a New England provider of hospice services with 24 locations in five states.
In March 2008, Amedisys closed the acquisition of TLC Health Care Services, a home health provider with more than 100 locations.
Amedisys announced March 28, 2014, it was closing 29 care centers (23 home health and six hospice) and consolidating another 25 (21 home health and four hospice). The Concord (NH) office of Beacon Hospice was closed on April 30, 2014. Hyder Family Hospice House (Dover, NH), one of the facilities in the Beacon Hospice acquisition, was also to be closed. Hyder House was the only in-patient hospice facility in Strafford County, NH. (Hyder House was expected to transfer to county ownership on August 1, 2014.)
From Wikipedia’s article on Amedisys Home Health and Hospice Care, shared under CC BY-SA 4.0.2