Baton Rouge-based home nursing and hospice company Amedisys Inc. has completed a previously announced $28 million deal for Massachusetts-based Associated Home Care.
Associated cares for more than 5,000 seniors each day and has more than 1,500 employees with nine branch offices in Massachusetts. Associated has annual revenue of about $40 million.
The company is Amedisys’ first private-duty home health agency. Private-duty firms typically don’t accept Medicare, which accounts for the vast majority of Amedisys’ revenue.