Amedisys says its earnings topped $135.8 million in 2009, a 57% increase over the year before. The Baton Rouge-based home health agency, known for an aggressive acquisition strategy, says this is the seventh consecutive year its earnings were up by more than 20%. Amedisys says its earnings per diluted share were up 52% for the year, from $3.22 in 2008 to $4.89 in 2009. Amedisys says its revenues increased by 27.5% for the year, to $1.5 billion from $1.2 billion. Two-thirds of that revenue growth came from base/start-up agencies. The company forecasts 2010 will be even better, projecting $1.7 billion to $1.75 billion in revenue and earnings per share to fall between $5.40 and $5.60.
Amedisys earnings up 57%
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