Amedisys signed a definitive agreement to purchase the right to offer home health services in Randolph County, North Carolina.
Under the terms of the agreement, the home health, hospice and personal care company will have the right to provide home health services in Randolph County and a 50-mile radius around the county, according to a news release. The deal is expected to close April 30 and would give Amedisys access to 31,000 Medicare and Medicare Advantage enrollees, the release said.
"We're honored to be able to offer our compassionate, clinically distinct care to more patients in more places," Home Health President Teonie Aurelio said in a prepared statement calling Randolph County a "key market."
After the deal is finalized, Amedisys plans to open a start-up care center. The Baton Rouge-based company operates 320 home health locations in 34 states, employs 21,000 people and annually serves more than 418,000 patients.
Home health has been growing during the pandemic, as more patients opt to receive care at home than in an acute or post-acute setting over fears of COVID-19. In March, the sector added 4,200 jobs, up 0.3%, according to the U.S. Bureau of Labor Statistics.
Amedisys saw its net income increase 45% year-over-year to $183.6 million in 2020.
