Amedisys Agrees to Divest Personal Care Division to HouseWorks

Amedisys announced that it has signed a definitive agreement to divest its personal care division to HouseWorks.

As a company, Amedisys delivers a number of offerings, including home health, hospice, personal care and high-acuity care services. Home health and hospice are its two largest segments, reports Home Health Care News.

The plan is for the private equity-backed HouseWorks to take over Amedisys’ personal care division.

In fourth-quarter earnings disclosures, Amedisys reported that its personal care division brought in $15.9 million in revenue in Q4, and $61.4 million in revenue for all of 2022. The company also reported that billable hours and clients served fell by 9% and 2%, respectively, year over year. Read more.

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