Amedisys Extends Employment Agreement with CEO Paul Kusserow
October 03 2018 - 5:15PM
Amedisys, Inc. (NASDAQ:AMED), America’s leading independent home
health, hospice and personal care company, announced today that it
has extended its employment agreement with Paul Kusserow, its
president and CEO, from September 27, 2018 to December 16, 2021,
adding three more years.
Kusserow joined the Company on December 11, 2014. In the nearly
four years since then, he has led Amedisys in a dramatic turnaround
clinically, culturally and financially. Under Kusserow’s
leadership, Amedisys’ home health star ratings reached an
industry-leading average of 4.38 stars; its stock has nearly
quintupled, from $26 to an all-time high of $124 and its market cap
has almost quadrupled, from $889 million to $3.84 billion.
“I’m excited to have the opportunity to continue the job we
started less than four years ago,” Kusserow said. “Yet in many
respects, I feel as if we’re only now getting going. Every
organization needs a sense of stability and continuity to keep
growing and striving for excellence. I look forward to working with
this outstanding executive leadership team and our more than 19,000
employees to realize our strategy of becoming the solution for
those who want to age in place. I consider it an honor and
privilege to continue caring for seniors where they most want to be
- in the home.”
About Amedisys: Amedisys, Inc. is a leading
healthcare at home Company delivering personalized home health,
hospice and personal care. Amedisys is focused on delivering the
care that is best for our patients, whether that is home-based
personal care; recovery and rehabilitation after an operation or
injury; care focused on empowering them to manage a chronic
disease; or hospice care at the end of life. More than 3,000
hospitals and 59,000 physicians nationwide have chosen Amedisys as
a partner in post-acute care. Founded in 1982, headquartered in
Baton Rouge, LA with an executive office in Nashville, TN, Amedisys
is a publicly held company. With 18,300 employees in 420 care
centers in 34 states and the District of Columbia, Amedisys is
dedicated to delivering the highest quality of care to the
doorsteps of more than 369,000 patients and clients in need every
year. For more information about the Company, please
visit: www.amedisys.com.
Contact:
Kendra KimmonsVice President of Marketing &
Communications225-299-3708kendra.kimmons@amedisys.com
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