Amedisys (AMED) Completes Acquisition of Professional Profiles, Inc.
Leading home health and hospice care provider Amedisys, Inc. (NASDAQ: AMED) has completed the acquisition of Massachusetts home care agency Professional Profiles, Inc., according to a company press release issued late last week. The $4.4 million transaction closed on September 1, 2016. This deal is expected to help Amedisys solidify its presence in the Massachusetts hospice and home care markets following its acquisition of leading Greater Boston-based personal care company Associated Home Care in March of this year. The company’s CEO and president, Paul Kusserow, explained that the transaction will also take Amedisys a lot closer to achieving its long-term…